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re: I Googled the 33% GDP and clicked “News”

Posted on 10/30/20 at 9:15 pm to
Posted by AURaptor
South
Member since Aug 2018
11958 posts
Posted on 10/30/20 at 9:15 pm to
V shaped recovery is SUPPOSED to have a 'slow down'. It would be irrational to expect the sky rocket to keep going when the world is still going through the China virus.

Who the frick doesn't know this ? Outside of CNN, obviously.
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 10/30/20 at 9:25 pm to
quote:

It would be irrational to expect the sky rocket to keep going when the world is still going through the China virus.


proves the lockdown shite was for nothing, just rearranged the times for people to get it
Posted by YogaPants
Baton Rouge
Member since Aug 2008
4704 posts
Posted on 10/30/20 at 9:30 pm to
super V
Posted by Gus007
TN
Member since Jul 2018
14079 posts
Posted on 10/30/20 at 9:33 pm to
quote:

It’s like as things re-open people go back to work and job numbers jump.


Explain why we had not rapid growth when Obama took office in a recession.
Posted by BillyBobfan24_7
R.I.P. SGT Nelson
Member since May 2004
18302 posts
Posted on 10/30/20 at 9:41 pm to
quote:

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.


WTF does that have to do with the doom and gloom wishcasting? It doesn't take a rocket surgeon to understand that the economy rebounded approximately what was recently lost. It also shouldn't take one to recognize the strong economic foundation that is responsible for the quick turnaround as soon as some states started opening up.
Posted by Champagne
Sabine Free State.
Member since Oct 2007
53450 posts
Posted on 11/1/20 at 12:09 pm to
quote:

When the civil war comes I’m all for going straight to the media companies as my first battle.


One of the top priorities for an unconventional force using unconventional methods to subvert or overthrow a target Government is for all mass media outlets to be seized by force by the Insurrection and to immediately begin disseminating propaganda - from all info outlets.

Posted by jlc05
Member since Nov 2005
33374 posts
Posted on 11/1/20 at 12:10 pm to
RIP Scoop
Posted by Wolfhound45
Member since Nov 2009
125867 posts
Posted on 11/1/20 at 12:13 pm to
quote:

Scoop
Your final post. MAGA to the very end. RIP brother. Hopefully you got a chance to cast a vote for POTUS before you passed on. I know that is what you would have wanted to do.

Posted by DeCat ODahouse
Premium Member
Member since Jan 2017
1606 posts
Posted on 11/1/20 at 12:15 pm to
Bump
Rip Scoop MAGA
Posted by MrLarson
Member since Oct 2014
34984 posts
Posted on 11/1/20 at 12:20 pm to
RIP, scoop.
Posted by trinidadtiger
Member since Jun 2017
18664 posts
Posted on 11/1/20 at 12:31 pm to
During the great depression of 1933 it took a decade to get back to 1929 levels, in 1940 unemployment was still at 15% and only got fixed because of WW2.

Id say a near full recovery in a quarter is nothing short of a miracle.

Now if Trump wins, there is about 4 trillion in money sitting on the sidelines, several big trade deals to kick in, and lapping the removal of onerous regulations, expect 2021 to be HUGE (to quote one of my favorite politicians).
Posted by Who_Dat_Tiger
Member since Nov 2015
24743 posts
Posted on 11/1/20 at 12:32 pm to
They are fear mongering, dark, divisive evil POS. Everything they accuse Trump of.



ETA RIP patriot
This post was edited on 11/1/20 at 12:42 pm
Posted by Robin Masters
Birmingham
Member since Jul 2010
34886 posts
Posted on 11/1/20 at 12:32 pm to
Google shows you want they want you to see, not what you are searching for.
Posted by AUCom96
Alabama
Member since May 2020
6584 posts
Posted on 11/1/20 at 12:34 pm to
Why ask for honesty now? When Obama was President, the story was all about changing math and "new normals".

Maybe Trump truly is a better steward of the economy. Should Biden get elected, that will quickly become evident.
Posted by cajunangelle
Member since Oct 2012
162356 posts
Posted on 11/1/20 at 12:45 pm to
Very fitting your last post was about the vile POS corrupt media, RIP Scoop!
Posted by Topisawtiger
Mississippi
Member since Oct 2012
3679 posts
Posted on 11/1/20 at 1:11 pm to
quote:


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


You need 2 qtrs of negative growth to call a depression and 2 of growth to get out of it. Geez Fox absolutely sucks....
Posted by fr33manator
Baton Rouge
Member since Oct 2010
133252 posts
Posted on 11/1/20 at 5:43 pm to
Sad. This was the only way he’d vote Democrat
Posted by N97883
New Dehli Forsyth GA
Member since Nov 2013
8490 posts
Posted on 11/1/20 at 5:46 pm to
quote:

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 The Boat
Member since Oct 2008
175720 posts
Posted on 11/1/20 at 5:48 pm to
God Damnit Scoop this is what happens when you use Google
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