Chart of the Day: European GDP Plummets in Q2 Too

You think we have it bad? GDP plunged by 11.9 percent in Europe during the second quarter of the year. Here’s what that looks like:

There is, however, a bright side to this: Europe has mostly crushed COVID-19. They took their shutdown more seriously than we did, and they kept it in place for about a month longer. The result is an economic crash even worse than ours, but with prospects of a full recovery this year now that the virus is under control. By the end of the year we’ll know for sure whether the European or American strategy worked better in the long run.

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TIME IS RUNNING OUT!

We have an ambitious $350,000 online fundraising goal this month and it's truly crunch time: About 15 percent of our yearly online giving usually comes in during the final week of the year, and in "No Cute Headlines or Manipulative BS," we explain why we simply can't afford to come up short right now.

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That's why donations big and small make up 74 percent of our budget this year. There is no backup to keep us going, no alternate revenue source, no secret benefactor. If readers don’t donate, we won’t be here. It's that simple.

And if you can help us out with a donation right now, all online gifts will be matched thanks to an incredibly generous matching gift pledge.

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