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I Googled the 33% GDP and clicked “News”

Posted on 10/29/20 at 8:47 pm
Posted by Scoop
RIP Scoop
Member since Sep 2005
44583 posts
Posted on 10/29/20 at 8:47 pm
The articles presented:

CNN: America just posted a record GDP. Now brace for slow down.

Fox Business: US economic growth shatters record at 33.1%, but fails to snap coronavirus recession

NYT: Economy’s Big Rebound Leaves a Shortfall as Progress Slows

WaPo: The Daily 202: Despite GDP growth, polls suggest Trump’s advantage on economic stewardship is narrowing

Politico: GDP rebounds at record pace, but dark clouds reappear

Surreal.









Posted by TigerCruise
Virginia Beach, VA
Member since Oct 2013
11898 posts
Posted on 10/29/20 at 8:49 pm to
Posted by IslandBuckeye
Boca Chica, Panama
Member since Apr 2018
10067 posts
Posted on 10/29/20 at 8:50 pm to
A lot of Americans just do not know how to be happy about anything. They live miserable lives and look for more misery.
Posted by themunch
Earth. maybe
Member since Jan 2007
64660 posts
Posted on 10/29/20 at 8:51 pm to
Kant let gooooooooooooooooooooooooo


I think it is 90 percent mental and 100 percent emotion.
Posted by MickeyLikesDags21
Member since Apr 2019
6640 posts
Posted on 10/29/20 at 8:51 pm to
quote:

lot of Americans just do not know how to be happy about anything. They live miserable lives and look for more misery.


And want everyone else miserable like them. If you're not miserable it's because you're okay with the blatant systemic racism meaning you are racist.
Posted by themunch
Earth. maybe
Member since Jan 2007
64660 posts
Posted on 10/29/20 at 8:51 pm to
A lot of Democraat Americans just do not know how to be happy about anything. They live miserable lives and look for more misery.
Posted by Revelator
Member since Nov 2008
58012 posts
Posted on 10/29/20 at 8:52 pm to
quote:

Politico: GDP rebounds at record pace, but dark clouds reappear


It’s going to be a dark dark winter
Posted by Jp1LSU
Fiji
Member since Oct 2005
2542 posts
Posted on 10/29/20 at 8:54 pm to
In their defense it’s was -32% last quarter. Yes things went up since a complete shutdown of the economy. It’s like as things re-open people go back to work and job numbers jump. I am not against the president but let’s be honest about the economic metrics.
Posted by AtticusOSullivan
Member since Mar 2016
2262 posts
Posted on 10/29/20 at 8:56 pm to
Shut the frick up with this. No matter what the situation we should be excited GDP grew 33%. This is the lamest excuse ever.
Posted by Pelican fan99
Lafayette, Louisiana
Member since Jun 2013
34746 posts
Posted on 10/29/20 at 8:59 pm to
Our media is evil and must be destroyed. These people are sick
Posted by Jp1LSU
Fiji
Member since Oct 2005
2542 posts
Posted on 10/29/20 at 9:05 pm to
quote:

Shut the frick up with this. No matter what the situation we should be excited GDP grew 33%. This is the lamest excuse ever.


Again as someone who does budgets and economic analysis for a living, you can’t say this is has been the biggest organic gain ever without acknowledging the actual recession. These aren’t election talking points We’re not preaching to the masses. Let’s be honest at least with ourselves. This historic gain is less than 1% year to date.
Posted by Scoop
RIP Scoop
Member since Sep 2005
44583 posts
Posted on 10/29/20 at 9:18 pm to
Year to date?

Are you being serious?

Are you that obtuse?

This 33% number is not indicative of year to year growth under normal circumstances. It’s indicative of the fact that the Trump economy still exists after 9 months of being artificially tamped down by COVID.

Don’t pretend to be economically intelligent without acknowledging this.
Posted by Jp1LSU
Fiji
Member since Oct 2005
2542 posts
Posted on 10/29/20 at 9:19 pm to
quote:


Shut the frick up with this. No matter what the situation we should be excited GDP grew 33%. This is the lamest excuse ever.


A football coach goes 0-10 one year and 2-8 the next year deserves coach of the year award for increasing wins by 200%. I get the lame excuse argument now.
Posted by AtticusOSullivan
Member since Mar 2016
2262 posts
Posted on 10/29/20 at 9:33 pm to
Dude, if we are in a rut and our economy has tanked for some unknown reason, the reason doesn't matter. The fact is we are down. To not be excited that we are regaining economic growth and dismiss it because at some point before the event happened it was better is ridiculous. That's just a jilted ex gf BS right there. Grow up.
Posted by slackster
Houston
Member since Mar 2009
84883 posts
Posted on 10/29/20 at 9:34 pm to
Did you google -31% and news?
Posted by JackieTreehorn
Malibu
Member since Sep 2013
29091 posts
Posted on 10/29/20 at 9:35 pm to
When the civil war comes I’m all for going straight to the media companies as my first battle.
Posted by slackster
Houston
Member since Mar 2009
84883 posts
Posted on 10/29/20 at 9:36 pm to
quote:

This 33% number is not indicative of year to year growth under normal circumstances. It’s indicative of the fact that the Trump economy still exists after 9 months of being artificially tamped down by COVID.



So Trump gets 100% credit for 33% up after -5% and then -31% quarters for which he gets no blame?

I’m maga as hell but y’all are infuriating with this shite.
This post was edited on 10/29/20 at 9:37 pm
Posted by AtticusOSullivan
Member since Mar 2016
2262 posts
Posted on 10/29/20 at 9:58 pm to
You sir are an idiot.


You going to give Trump credit for our economy when this shite hit?

Did Trump shut down the country?

Hes on record for months saying open it back up.

China and Democrats own this. Every economy in the world is down. If if were up to Trump our economy would still be booming. Go frick yourself with your "I'm maga as frick" bullshite. Youre a dumb hack is what you are.
Posted by slackster
Houston
Member since Mar 2009
84883 posts
Posted on 10/29/20 at 10:09 pm to
quote:

You going to give Trump credit for our economy when this shite hit?


Yes. It was 2.4% in Q4.

Trump has performed wry well economically - continuing to grow a relatively full economy is impressive.
quote:

China and Democrats own this. Every economy in the world is down. If if were up to Trump our economy would still be booming. Go frick yourself with your "I'm maga as frick" bullshite. Youre a dumb hack is what you are.





I’m maga, just not ignorant.

-31% is unheard of in the US. It makes perfect sense that a solid, economy based president like Trump would post a +33% as a result.

The fact so many of you are unwilling to discuss it here honestly is unfortunate.
Posted by s2
Southdowns
Member since Sep 2016
5569 posts
Posted on 10/30/20 at 9:12 pm to
quote:

blatant systemic racism meaning you are racist.

i am white, therefore i am racist. wow, i feel so much better.


but wait, that white privilege issue is holding me down.

i feel i may need therapy to correct this.


i am white, therefore i am racist.




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