GDP increased by 33.1% in third quarter

[dukkha]

You're talking like we're recovered.

We'll judge if it's a V recovery when the economy is actually BACK.

I'm all for it, but you guys are being way too rosy about it. America is suffering right now.

The loss in GDP 2nd quarter just "bounced back" almost the exact same amount 3rd quarter -
I can't find the FED graph - but it an actual V shape

That doesn't mean workers havent lost income - when it was down they did- but it's RECOVERING
at the same rate it went down. It's allowing for more job and wages growth, pre-pandemic

In order to SUSTAIN the recovery it needs to keep the de-regulations done by Trump and the tax cuts
which BIDEN SAID he will RAISE and END. got it?

[archives]

All you miserable peasants constantly talking down the economy had just better shut up from now on. Trump is back!

US GDP surged a record 33% in the 3rd quarter as the economy reopened, roughly double the next-biggest jump

https://www.businessinsider.com/us-q...ndemic-2020-10

Trump ain’t back, the economy ain’t back, it is just a reflection of the opening up during the summer months, expected, you still got eleven million out of work and let’s not forget the right’s favorite variable, labor participation rate, sixty two percent, just threw that in because during the Obama years as unemployment was going down it was the right’s favorite indicator, one they’ve forgotten on 1/17

And fhe issue is COVID, which is also going up

[Hawkeye10]

All you miserable peasants constantly talking down the economy had just better shut up from now on. Trump is back!

US GDP surged a record 33% in the 3rd quarter as the economy reopened, roughly double the next-biggest jump

https://www.businessinsider.com/us-q...ndemic-2020-10

Stealing Trillions of dollars from the kids/grandkid/unborn in the form of debt does buy things, temporarily.

The American economy as well as society at large are crashing.

[dukkha]

Trump ain’t back, the economy ain’t back, it is just a reflection of the opening up during the summer months, expected, you still got eleven million out of work and let’s not forget the right’s favorite variable, labor participation rate, sixty two percent, just threw that in because during the Obama years as unemployment was going down it was the right’s favorite indicator, one they’ve forgotten on 1/17

And fhe issue is COVID, which is also going up

GDP is back -correct?
Jobs are not GDP - but Jobs have been growing back as well, Frankly I find it amazing the economy can bounce
back like that - afterall the economy isn't like a faucett you can turn on and off without damage.
There was no guarantee of this.

Labor participation is going to go down, people displaced and can't find one will sometimes move out of the job market. - expected

COVID is slowing the job recovery - it's very bad here in Orlando which is heavily tourist supported
But hotel will reopen,Disney will start to hireback etc, AS LONG AS corps find it profitable to do so
Afterall COVID is being adapted to, and wont last forever

So dont fuck this up and elect Biden with his tax schemes and new regs

[archives]

GDP is back -correct?
Jobs are not GDP - but Jobs have been growing back as well, Frankly I find it amazing the economy can bounce
back like that - afterall the economy isn't like a faucett you can turn on and off without damage.
There was no guarantee of this.

Labor participation is going to go down, people displaced and can't find one will sometimes move out of the job market. - expected

COVID is slowing the job recovery - it's very bad here in Orlando which is heavily tourist supported
But hotel will reopen,Disney will start to hireback etc, AS LONG AS corps find it profitable to do so
Afterall COVID is being adapted to, and wont last forever

So dont fuck this up and elect Biden with his tax schemes and new regs

Back temporarily, reflects summer months, as everything moves inside, it will slow in the next quarter, and the LPR was only thrown in for yucks, there are a lot of variables that explain and LPR rate. The reality is that economic numbers thrown out there don’t influence voters until they can see the results in their own life

And the Covid is going to slow everything down again heading into the winter months, Disney May open up but people aren’t going to take their kids there if the infection rates rise

And we will find out next Tuesday, if Covid is the issue, Trump is losing regardless of how he projects the economy or fabricates what Biden will do

[dukkha]

Back temporarily, reflects summer months, as everything moves inside, it will slow in the next quarter, and the LPR was only thrown in for yucks, there are a lot of variables that explain and LPR rate. The reality is that economic numbers thrown out there don’t influence voters until they can see the results in their own life

And the Covid is going to slow everything down again heading into the winter months, Disney May open up but people aren’t going to take their kids there if the infection rates rise

And we will find out next Tuesday, if Covid is the issue, Trump is losing regardless of how he projects the economy or fabricates what Biden will do

lol. of course it will slow. 31% is unsustainable.. COVID is surpressing jobs -I just said that.
Biden has SAID he will raise corp taxes and re-regulate -which will damages the underlying economy
That is not a "fabrication" he has said it

But we got a vaccine coming and therapies -and the underlying economy is awesome.. dont screw it up

[CFM]

man you are as crappy at economics as politics.

Q. what happens when you shutdown large parts of the economy and displace 50 million workers and then re-open?
A. Nobody knows, but to get the economy back in place means the underyling economy must be awesome.

and

Q.What happens if you raise corp. and individual taxes in a recovery?
A. everyone know the recovery is damaged

You have to have a good base and foundation in place prior to the shutdowns for things to come back at that level.

[Nordberg]

It dropped 32 percent last quarter and up 33 percent this quarter. It does not say much. However, the mismanagement of Corona will be painful for America and its businesses. Corona will drop America like a rock this quarter.

[Micawber]

Awesome, will it fully cancel the preceding three month decline? No?

Oh well, too little to late anyway. Everyone has voted and everyone not having done so has already cemented their decision.

No fence sitters in this election. Biden has carried a 12 percent lead at times and never lower than 7. This is a blowout.

[cancel2 2022]

It dropped 32 percent last quarter and up 33 percent this quarter. It does not say much. However, the mismanagement of Corona will be painful for America and its businesses. Corona will drop America like a rock this quarter.

You'll change your fucking tune fast enough if SloJo wins though, won't you?

[cancel2 2022]

Awesome, will it fully cancel the preceding three month decline? No?

Oh well, too little to late anyway. Everyone has voted and everyone not having done so has already cemented their decision.

No fence sitters in this election. Biden has carried a 12 percent lead at times and never lower than 7. This is a blowout.

Obviously you've never heard the expression to not count your chickens before they've hatched.

[Minister of Truth]

Awesome, will it fully cancel the preceding three month decline? No?

Oh well, too little to late anyway. Everyone has voted and everyone not having done so has already cemented their decision.

No fence sitters in this election. Biden has carried a 12 percent lead at times and never lower than 7. This is a blowout.

Anyone effected by last quarter's performance already felt the 33.1% rebound before the numbers were published.

[Nordberg]

You'll change your fucking tune fast enough if SloJo wins though, won't you?

Why would I? Biden has plans for building the economy. Trump's mishandling of Corona is the cause of our economic despair. The cold hard fact is we have to quash Corona to bring back the economy. Millions of businesses are shuttered and more are coming. You need customers. You need people to have money to create demand,. The Repubs are doing none of that.
We need another financial program that puts money in people's pockets and opens businesses. We need to do what the CDC and WHO recommend to stop Corona. Not what Trump pulls out of his sphincter.

[dukkha]

Why would I? Biden has plans for building the economy. Trump's mishandling of Corona is the cause of our economic despair. The cold hard fact is we have to quash Corona to bring back the economy. Millions of businesses are shuttered and more are coming. You need customers. You need people to have money to create demand,. The Repubs are doing none of that.
We need another financial program that puts money in people's pockets and opens businesses. We need to do what the CDC and WHO recommend to stop Corona. Not what Trump pulls out of his sphincter.

blather. how do you "quash" it -masks?? ROFL

[cancel2 2022]

Why would I? Biden has plans for building the economy. Trump's mishandling of Corona is the cause of our economic despair. The cold hard fact is we have to quash Corona to bring back the economy. Millions of businesses are shuttered and more are coming. You need customers. You need people to have money to create demand,. The Repubs are doing none of that.
We need another financial program that puts money in people's pockets and opens businesses. We need to do what the CDC and WHO recommend to stop Corona. Not what Trump pulls out of his sphincter.

You're such a partisan pillock, is Trump responsible for the rest of the world as well? People like you were screaming for lockdowns and shutting everything down. I warned you what would be the consequences, all to save old people like you that haven't long to go anyway. The average age of Covid deaths in the UK is 82.4 ffs, this will fuck up a whole generation of schoolkids' education and destroy many people but as long as you're safe who gives a fuck? This is the way to go not hiding everybody away, there will.be blood if they try to shut everything up again!

https://www.justplainpolitics.com/sh...64#post4004764