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  1. #1
    a true savage Procta's Avatar
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    Arrow Trump Crushes Record for Largest GDP Increase in US History

    3rd Quarter GDP Up 33.1%


    https://www.thegatewaypundit.com/202...ry-3rd-quarter


    US jobless claims aid fall to 751,000
    https://apnews.com/article/virus-out...e4e6ec38b9ca66


    https://www.frbatlanta.org/-/media/D...kingSlides.pdf

    U.S. GDP booms at 33.1% rate in Q3, better than expected
    https://www.cnbc.com/2020/10/29/us-g...rter-2020.html


    U.S. Economy Expands at Record 33.1% Pace After Covid Plunge
    https://www.bloomberg.com/news/artic...r-covid-plunge
    Last edited by Procta; 10-29-2020 at 06:56 AM.
    China is asshoe !!!

    #triggered

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  2. #2
    ))))))))))))))))))))))))) 2am's Avatar
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    all that from some steaks?
    No sig crew
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  3. #3
    Registered User leafs43's Avatar
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    It's a rocket ship.

    We have the best recoveries, don't we folks?
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    720 Crew topperstyle's Avatar
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    The biggest and best recoveries!

    Gold plated TRUMP recovery!
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  5. #5
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    Can’t wait to see how the commies try to spin this
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    True Patriot Crew ~Hades~'s Avatar
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    God emperor does it again! Thank you king trump!


    They’ve never seen recoveries like this, folks! I can assure you of that.
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  7. #7
    Registered User benz5521's Avatar
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    Originally Posted by S0Jack3d View Post
    Can’t wait to see how the commies try to spin this
    Easy, they’ll say he did it by killing everyone. Because you know, the China flu was started by us and is only in the USA, not in any other country so trump is single handily responsible for all the deaths.
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    Originally Posted by S0Jack3d View Post
    Can’t wait to see how the commies try to spin this
    The 1% is getting richer while millions are unemployed under Trump. Orangeman bad.
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    Registered User leafs43's Avatar
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    So I took a look into the analysis of it.

    This GDP growth is actually not inflated due to gov't spending. Gov't spending actually decreased. It's a real recovery folks!
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  10. #10
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    Originally Posted by S0Jack3d View Post
    Can’t wait to see how the commies try to spin this
    You’re really underestimating their programmers
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  11. #11
    Registered User Drinman's Avatar
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    Already seeing people posting “GDP doesn’t matter because 200k people are dead”
    "Have you ever danced with the devil in the pale moonlight?"
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  13. #13
    a true savage Procta's Avatar
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    lol @ rump....Trump rump roasted the Dems expectations on the economy

    Fox Business contributor: third quarter GDP number is "fantastic”

    China is asshoe !!!

    #triggered

    making victims out of SJWs
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  14. #14
    Maximum Effort gixxer0.6g's Avatar
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    Originally Posted by leafs43 View Post
    So I took a look into the analysis of it.

    This GDP growth is actually not inflated due to gov't spending. Gov't spending actually decreased. It's a real recovery folks!
    We are not only going to make it under Trump, we are going to make it rain.


    Why do dems hate our economy so much? Sad!
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  15. #15
    Anti-Circumcision JoshSP1985's Avatar
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    Originally Posted by benz5521 View Post
    Easy, they’ll say he did it by killing everyone. Because you know, the China flu was started by us and is only in the USA, not in any other country so trump is single handily responsible for all the deaths.
    The "Trump mismanaged the COVD response" is the lowest IQ misinfo **** Dems post.

    If you ask them well what was Trump supposed to do that he didn't... it's usually something stupid like a national mask mandate which would do nothing and likely isnt even in his power or about spending billions building plexi glass cubes for our kids to go to school in. Stupid ****.
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  16. #16
    merde guest's Avatar
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    Originally Posted by S0Jack3d View Post
    Can’t wait to see how the commies try to spin this
    Not a commie, but I’ll give a shot at context:

    It’s January. You have $100

    At the end of Q1, you lose 5% and now have $95.

    At the end of Q2, you lose another 31% and are left with 65.5%.

    Q3 comes around and you gain 33%.
    You now have $87. Try not to sprain your hands with all of the cartwheels you’re doing over the $13 you lost.

    I’m not saying it was a terrible recovery or anything like that, just adding context to the concept of regaining almost all of what you’ve lost. Basically, the monetary policy and stimulus did what it was supposed to and mitigated the loss as much as possible.
    "I think computer viruses should count as life...I think it says something about human nature that the only form of life we have created so far is purely destructive. We have created life in our own image"
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  17. #17
    Anti-Circumcision JoshSP1985's Avatar
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    Originally Posted by guest View Post
    Not a commie, but I’ll give a shot at context:

    It’s January. You have $100

    At the end of Q1, you lose 5% and now have $95.

    At the end of Q2, you lose another 31% and are left with 65.5%.

    Q3 comes around and you gain 33%.
    You now have $87. Try not to sprain your hands with all of the cartwheels you’re doing over the $13 you lost.

    I’m not saying it was a terrible recovery or anything like that, just adding context to the concept of regaining almost all of what you’ve lost. Basically, the monetary policy and stimulus did what it was supposed to and mitigated the loss as much as possible.
    Very true but in the concept of a pandemic with FORCED economic turmoil people are expecting that we're coming out of a hole the message is that it's happening.
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  18. #18
    Registered User IAMBEE's Avatar
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    I just checked Drudge Report and it had a tiny red headline mixed in with the rest of the articles. If this was before Trump and Drudge had a falling out it would be the main headline with flashing lights, amazing the difference.
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    Originally Posted by IAMBEE View Post
    I just checked Drudge Report and it had a tiny red headline mixed in with the rest of the articles. If this was before Trump and Drudge had a falling out it would be the main headline with flashing lights, amazing the difference.
    Ratingly is the new Drudge.


    Drudge went anti-Trump. Possibly a change in editors.
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    Originally Posted by S0Jack3d View Post
    Can’t wait to see how the commies try to spin this
    You don't need to be a commie to understand basic math

    Economists polled by MarketWatch predict a 33% spurt in annual growth in the third quarter, with some forecasts even higher.

    Would it mean the economy has returned to normal? No. That’s because a decline of 30% or so, followed by an increase of a similar percentage, doesn’t return an economy to its original starting point. Not even close.

    Think of it this way. The size of the U.S. economy is roughly around $20 trillion. If annual GDP sank by 50% in a crisis, the economy would shrink to about $10 trillion. If growth then rose by 50% in the ensuring year, GDP would rise to $15 trillion.

    While it might not sound like much, that’s still a deep ditch. During the worst of the 2007-2009 recession, for example, the size of the economy contracted by 3%. It then took years for the U.S. to recover the lost ground.
    At the height of the 2008 Financial Crisis we had weekly unemployment claims of ~500k. We've had over 700k now for at least 30 weeks. 23M people are receiving either state of federal unemployment benefits.

    Now without any additional commie Trump checks flowing and COVID surging, Q4 will be anemic.
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  21. #21
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    Originally Posted by guest View Post
    Not a commie, but I’ll give a shot at context:

    It’s January. You have $100

    At the end of Q1, you lose 5% and now have $95.

    At the end of Q2, you lose another 31% and are left with 65.5%.

    Q3 comes around and you gain 33%.
    You now have $87. Try not to sprain your hands with all of the cartwheels you’re doing over the $13 you lost.

    I’m not saying it was a terrible recovery or anything like that, just adding context to the concept of regaining almost all of what you’ve lost. Basically, the monetary policy and stimulus did what it was supposed to and mitigated the loss as much as possible.
    You aren’t counting 2016-2020 in that where people’s 401ks tripled in that period. We literally broke records.

    And then China comes out and puts a wrench in that so you can’t blame that on Trump or his policies. His tax cuts combined with the booming economy that has resulted from that have made everyone from the middle class to the rich a lot of money.
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  22. #22
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    Originally Posted by S0Jack3d View Post
    Can’t wait to see how the commies try to spin this
    By not talking about it and focusing on white supremacists burning down Philly and China flu deaths.
    "With that in mind, I humbly add my own prophecy of what the dawn of the new millennium shall bring forth: one thousand more years of the same...old...crap."
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    Registered User benz5521's Avatar
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    Also, you can’t have your cake and eat it too.

    You can’t screech at trump for not completely shutting the country down and then complain about the unemployment numbers.
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    Actually 66% gdp if you include half states opening aswell
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    a true savage Procta's Avatar
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    China is asshoe !!!

    #triggered

    making victims out of SJWs
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    Anti-Circumcision JoshSP1985's Avatar
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    Why does the title say "Trump" when you click into the thread but says "rump" when looking at it from R&P
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    Anti-Circumcision JoshSP1985's Avatar
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    Originally Posted by Vito-C View Post
    You don't need to be a commie to understand basic math



    At the height of the 2008 Financial Crisis we had weekly unemployment claims of ~500k. We've had over 700k now for at least 30 weeks. 23M people are receiving either state of federal unemployment benefits.

    Now without any additional commie Trump checks flowing and COVID surging, Q4 will be anemic.
    Up to the states. Governors are who are shutting down businesses.
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  28. #28
    Wall Investor & Developer TheFornicator1's Avatar
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    Originally Posted by JoshSP1985 View Post
    Why does the title say "Trump" when you click into the thread but says "rump" when looking at it from R&P
    Edits to the thread title only show on the main page if they're made within a certain time frame. OP edited outside of that timeframe.
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    Anti-Circumcision JoshSP1985's Avatar
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    Originally Posted by TheFornicator1 View Post
    Edits to the thread title only show on the main page if they're made within a certain time frame. OP edited outside of that timeframe.
    Why would OP edit out the "T"?
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  30. #30
    Registered User nctarheels21's Avatar
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    As s HUGE Trump supporter, I will say this- it's easy to go up when you're already in the basement.

    However, Obama took how many years to recover the economy? 8? 10? (I say 10 because he was trying to claim credit for Trump's booming economy a year or so ago lol)
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