Q3 GDP up 33.1%
- Thread starter Angeleyes74
- Start date
Very good Angel, Is Covid-19 figured in on your " Economic Output " and is repost an estimate of a fact?
Lol. It is the biggest gain in history by far.
“Wilt Chamberlain had 100 points in a game”
“Sure, but did you take into account if he had any turnovers”
We actually have a shot at having positive economic growth for the year as long as Biden isn’t voted into office
Typical repub spin - trump bears no responsibility for negative economic news but claims full responsibility for an upward turn.
The growth will be shortlived with covid surging again. When a 4th qtr drop occurs, will trump be responsible?
The growth will be shortlived with covid surging again. When a 4th qtr drop occurs, will trump be responsible?
Don Trump's economy is not in the same league as Bill Clinton's and Obama. read below
1. Bill Clinton---over 235% increase in his eight years.
2. Obama was over 225% increase in his eight years.
George Bush had a 31% decrease in his eight years.
Don Trump is about 25-30% increase in his near four years but appears to be tanking.
As a rule, the New York Stock Exchange favors the Democrats in power for increases. it will not be easy to dispute the above statements concerning the New York Stock Exchange however I except the challenge.
Be careful if you are a player in the today's stock market as the stock Market under Trump is inflated based on borrowing and the national debt. I got out of the market a few months ago except for Amazon , Google and Apple.
If you believe the facts and what happen under Clinton and Obama, a Biden presidency maybe great for the New York Stock Exchange however the Craziness, high national Debt, High Unemployment situation under Trump will take some time, maybe six or more months.
After the lockdown and the slowdown of covid, businesses began opening up during the summer. It had nothing to do with trump.
Since C19 is a natural disaster something that any Human President or not they cannot control.....Trump has no responsibility for Natural occurrences or the activity of the people in a free society after said Natural disaster. Trump can put into place economy policies that can be good or bad and he is responsible for them.
I doubt the surge has much effect moving forward. In my small sample size a lot of previous C19 fear followers are saying they are sick of it and just wanting to get on with their lives and they can deal with it, the deaths etc. They just want things back to Normal.
You might be surprised at the Backlash if another lock down is purposed. At least in the Red states as many want the economy to move forward....Another lock down might actually divide the population into Red and Blue even more than it already is....I know that Calif. is losing Population in droves as is NyC.....a mass exodus from the Red voters from Blue states to other Red States might be the final nail in this Union.
Cheetah King, After reading your report on the GDP gain for the third quarter is the largest in history is indeed false. After reading the reports that Eric Trump reported of the big increase for the third quarter is somewhat true, is no where close to being a record. you should do some more research and correct your statement on being a record.
We must also mention that Trumps second quarter had a big decrease @ just over 31%. A big rise in the GDP is usually expected after a big decrease. If Don Trump is a one term president as expected, he will rank dead last in GDP increases when compared with the last seven presidents before him.
I hope this will clear up what Cheetah king did not report. I stand behind the above to be true and " Fact Check " ready. if anyone can find something in the above that is not true, I will erase.
i find it is normal for the 35% to tell us half the full truth.
1. Bill Clinton-------------------3.8%
2. Ronald Reagan-------------3.48%
3. Jimmy Carter---------------3.25%
4. George HW Bush----------2.25%
5. George W. Bush------------2.2%
6. Barack Obama-------------1.62
7. Don Trump------------------0.95%--Don Trump is dead last in GDP growth.
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