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re: THIRD QUARTER GDP UP 33.1%

Posted on 10/29/20 at 7:14 pm to
Posted by LNCHBOX
70448
Member since Jun 2009
84464 posts
Posted on 10/29/20 at 7:14 pm to
quote:

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.



Then it should be easy to show all the examples of record lows immediately followed by record highs. Let's not forget that was your claim. If you'd like to amend it, I'll allow it. You probably don't though.
Posted by slackster
Houston
Member since Mar 2009
85473 posts
Posted on 10/29/20 at 9:42 pm to
quote:

Then it should be easy to show all the examples of record lows immediately followed by record highs. Let's not forget that was your claim. If you'd like to amend it, I'll allow it. You probably don't though.






Notice the substantial rebounds any time there is a substantial decrease.

Only president who couldn’t pull it off was Obama.


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