Third quarter GDP likely to show record growth, confirming V-shaped, ‘best-ever’ recovery

Deloitte estimated that the U.S. contraction in in 2020 would be the second mildest (behind only Japan) among G7 nations, with all the other countries — Canada, France, Germany, Italy, the U.K. — estimated to take a harder hit.”

The Federal Reserve Bank of Atlanta, the Chicago Fed, the Conference Board, and Goldman Sachs have all expected growth to be between 30% and 35%, on an annualized basis. This level of growth, economists note, would be the highest in the history of American GDP calculations, which began during the Great Depression.

“It’s the best-ever recovery,” economist Art Laffer told Just the News. “But you know, bottom line, the reason that’s the best is because the first and second quarter were the two worst. They were caused by something not economic, they were caused by the pandemic. And so it’s not a normal recovery in the sense of the Great Depression.” 

https://justthenews.com/nation/economy/new-q3-economic-numbers-expected-show-record-growth-best-ever-recovery-us-economists

Colorado bill requires ‘re-education’ for parents who refuse COVID-19 vaccine

(ZERO HEDGE) Are you ready for re-education camps in the United States? Colorado has introduced a bill that would “re-educate” parents who refuse to vaccinate their child with the coronavirus vaccine.

The bill forces all doctors and medical staff to give vaccinations with no exemptions, even if they are in a situation where they believe it would not be in that child’s best interest. The bill’s current version, however, does not list any sanctions or punishments for medical staff that refuse, according to Life News.

The bill just passed through a committee in Colorado (20-14) to reduce available exemptions on vaccinations for school-age children (making vaccines mandatory). This bill offers “online education modules” for parents who want a different vaccination schedule than what the state demands. Submitting a “certificate of completion” from the re-education classes is one way to receive the state-sanctioned vaccine exemption.

Key congressman seeks probe into why 80 percent of U.S. foreign investor visas going to China

 

House Judiciary Committee Ranking Member Jim Jordan (R-Ohio) and Rep. Guy Reschenthaler (R-Penn.) have asked the an investigative arm of Congress to investigate China’s involvement in America’s EB-5 Immigrant Investor Visa Program.

In a letter Monday to the Comptroller General of the U.S. Government Accountability Office, the lawmakers said the program was meant to encourage foreign capital investment and job creation in America but it appears it is being exploited by the Chinese Communist Party.

“Although the EB-5 program’s goal of stimulating capital investment and job creation in the United States is laudable, it has become clear in recent years that the CCP may be abusing the program to gain access to U.S. permanent residency for their members,” the letter says. “Between 2012 and 2018, 80 percent of the nearly 10,000 EB-5 visas available each year went to Chinese-born investors.”