White House economist Joe LaVorgna: We're viewing massive GDP plunge as a 'shock' pandemic contraction

Second-quarter GDP dropped by 32.9% as the U.S. economy continues to suffer due to the coronavirus pandemic. Joe LaVorgna, Special Assistant to the President and National Economic Council Chief Economist, joins “Squawk on the Street” to discuss.
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Thu, Jul 30 202010:46 AM EDT