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re: THIRD QUARTER GDP UP 33.1%
Posted on 10/29/20 at 9:00 am to Indefatigable
Posted on 10/29/20 at 9:00 am to Indefatigable
quote:
The spin will be hilarious from the left. Can’t wait to hear how evil and bad this is.
“More worried about the economy than people’s lives”
Posted on 10/29/20 at 9:03 am to 90proofprofessional
quote:quote:
90proof is a big lockdown guy. He thinks if we don’t lockdown we need more plexiglass at restaurants and testing like Joe said.
Congrats on the cringiest post of the week.
But for real you should seek help, man.
Is that a denial?
![](https://images.tigerdroppings.com/Images/icons/shrug.gif)
Posted on 10/29/20 at 9:03 am to deltaland
Let's go ahead and predict how far it will be revised upward months later. I bet it touches 35%.
Posted on 10/29/20 at 9:05 am to Indefatigable
quote:
The spin will be hilarious from the left
Just wait. They'll say it's only up this much because of how far it had fallen under the dysfunctional leadership of President Trump
I mean the same corrupt, bought-and-paid-for corporate media, that won't even report on the Biden family corruption, aren't going to cooperate with President Trump taking a victory lap over this great economic news 5 days before the election.
Take that victory lap anyway, Mr. President!
![](https://images.tigerdroppings.com/Images/Icons/Iconusaflagsmiley.gif)
Posted on 10/29/20 at 9:07 am to Covingtontiger77
If petty liberal democrat governors and mayors hadn’t prolonged these lockdowns, we’d probably be looking at over 50% GDP growth fir qtr 3.
Posted on 10/29/20 at 9:09 am to Bard
quote:
Is that a denial? It doesn't look like a denial
I don't feel the need to deny or affirm random shite simply asserted about me by shitheads, ever.
You might try asking me my position on "lockdowns" though, Bard.
Posted on 10/29/20 at 9:12 am to GumboPot
quote:Touché
Do you realize we are dealing with a pandemic?
Posted on 10/29/20 at 9:13 am to SDVTiger
quote:
SDVTiger
haha, i had forgotten about this particular little remora
Posted on 10/29/20 at 9:37 am to Covingtontiger77
that's incredible.
we really gonna kick out a president with this type of recovery?
we really gonna kick out a president with this type of recovery?
Posted on 10/29/20 at 10:56 am to 90proofprofessional
quote:there he is!! i was hoping you would get up in here and remind us of how obama and crew were totally on the level in reporting those economic/unemployment numbers.
90proofprofessional
![](https://images.tigerdroppings.com/Images/Icons/IconLOL.gif)
clod
Posted on 10/29/20 at 10:58 am to 90proofprofessional
quote:nah. i'm good
You might try asking me my position on "lockdowns" though
Posted on 10/29/20 at 11:02 am to bfniii
quote:
there he is!! i was hoping you would get up in here and remind us of how obama and crew were totally on the level in reporting those economic/unemployment numbers.
quote:
fniii
lmao, yet another unremarkable character who had slipped my mind
Posted on 10/29/20 at 11:27 am to LNCHBOX
quote:
Yes, on the heels of the worst quarter ever. That’s typically how numbers work.
That's actually not. Go back to being banned
It is. It takes nothing away from Trump to be honest about this kind of thing.
GDP measures like this are measured vs the previous quarter - when you’re being measured to a down 31% figure, you’ve got a baked in advantage.
Trump gets a ton of credit for helping this recovery along despite efforts from his political foes to keep things locked down, but the number needs context.
It would be just as disingenuous to blame him for the -31% figure.
Posted on 10/29/20 at 11:38 am to slackster
good point about context. has someone yet pointed out that these numbers are annualized?
the economy didn't literally shrink by a third in Q2, nor did it grow by a third in Q3
the quarterlies are more like -9% for Q2 and +7.4% for Q3
(same is true for Q1: it didn't actually shrink by 5%- that's an annualized rate. it was more like -1.3%)
the economy didn't literally shrink by a third in Q2, nor did it grow by a third in Q3
the quarterlies are more like -9% for Q2 and +7.4% for Q3
(same is true for Q1: it didn't actually shrink by 5%- that's an annualized rate. it was more like -1.3%)
Posted on 10/29/20 at 11:38 am to deltaland
quote:
“More worried about the economy than people’s lives”
Redundant
Posted on 10/29/20 at 12:04 pm to 90proofprofessional
quote:stay golden pony boy
90proofprofessional
Posted on 10/29/20 at 12:18 pm to bfniii
upvoted your only good post ever
Posted on 10/29/20 at 12:19 pm to Covingtontiger77
It's a MAGA landslide!
Posted on 10/29/20 at 12:20 pm to gsvar2004
quote:
waiting for board progs to tell us why this is a bad thing
90proof is drunk
Posted on 10/29/20 at 12:32 pm to slackster
quote:
Yes, on the heels of the worst quarter ever. That’s typically how numbers work.
We found the idiot!
![](https://research.stlouisfed.org/publications/images/uploads/2020/ES2039Fig1_20200811115541.jpg)
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