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Even More Reasons to Whine

The Big Picture offers a nice rundown of all the gloomy auto sales news today. Note that nearly all the major car manufacturers made the list of companies

Jul 31, 2020
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The Big Pictureoffersa nice rundown of all the gloomy auto sales news today. Note that nearly all the major car manufacturers made the list of companies suffering dramatic sales declines. GM even offered employee-discounts-for-everyone deals — and their sales still fell 20 percent.
If that weren’t bad enough on its own, the Federal Reserve came out today with a reportshowing that, by almost all measures, the economy is slowing.
Conservatives are criticizing the Democrats for painting what they consider to be a too depressing picture of the economy. Tonight, and for the next few days, Republicans will take their turn at touching on economic issues. With the auto sector in free fall, bankruptcies on the rise and a credit squeeze claimingmore companies and jobs, it will be interesting to see how they spin all this.
Paolo Reyna

Paolo Reyna

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Paolo Reyna is a writer and storyteller with a wide range of interests. He graduated from New York University with a Bachelor of Arts in Journalism and Media Studies. Paolo enjoys writing about celebrity culture, gaming, visual arts, and events. He has a keen eye for trends in popular culture and an enthusiasm for exploring new ideas. Paolo's writing aims to inform and entertain while providing fresh perspectives on the topics that interest him most. In his free time, he loves to travel, watch films, read books, and socialize with friends.
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