Basically every single forecaster out there projected a low-to-mid-30’s increase in GDP in Q3. For weeks this has been the case. The final average projection was 32.0%. We came in a little higher, which is great news.
Anyone who follows economic news has known of this for quite some time. Did you seriously not know this?
Every election season we hear about how the stock market is going to crash if the other party wins, and somehow it never happens. It’s almost as if politicians don’t have as much control over the US economy as they want you to believe . . .
Bats.
These are all the fools that used campaign donations to help assuage legislative and tax burdens under the potential socialist regime.
They and their $$ were quickly parted.
…and yet Trump played it like Stradivarius.
Yeah, as long as you ignore the botched response to the pandemic and the skyrocketing deficit. (I know you don’t care about the deficit now, but you will in a few months.)
So would that be the dem politicians telling people to continue to shop, continue to to go to resturants – AFTER Trump has started to put travel restrictions in place?
So you think simulus 1 2 and 3 shouldn’t have been passed and they shouldn’t be working on a 2 trillion dollar version 4?
China a WHO need to step up and take a lot of the blame. Especially WHO – you know the health groups that after Trump started travel restrictions said it was an over reaction and no widescale travel restrictions were needed. Hmmm was Trump right or what WHO right?
GDP still negative for the year
Unemployment at about 8% (Nearly Double what it was when he took office)
Trade deficits higher
Stock market returns at about half of what it was with Obama at this time.
Highest Defict ever
Manufacturing jobs lower then it was when he took office…
Seems pretty accurate to me.
What authority does the WHO have over the US? Did we listen to them? They had zero effect on the spread of the virus within the country. Trump however did.
Looking at one quarter in isolation probably isn’t the best way to view the economy.
You’re welcome.
You know, it’s not really polite to accuse other forum members of lying.
And anyone who’s taken a look at GDP projections knew that 30% growth was easily possible.
I loved the movie the Avengers.
Hated age of Ultron however. It wasn’t that it was a bad movie per say -it just bothered me that they created the mess. They created Ultron.
We were suppose to see them as heroic for saving the world from Ultron but i couldn’t get over the fact that they created the issue they saved us from, but only after much death and destruction.
Trump doesn’t get to mishandle a virus so bad that it absolutely destroyed our economy then try to take credit for partially cleaning up the mess he created.
8-week low. COVID is going to continue to wage havoc on things.
U.S. Consumer Comfort Falls to Eight-Week Low Amid Virus Surge
Both political parties made mistakes, of course. As president, Trump will pay for those mistakes, as he should. And he still doesn’t get it, talking about the pandemic winding down as cases skyrocket here in Wisconsin. He’s not dealing with reality.
I don’t care about the deficit. Unlike you, I won’t care about it on January 20 either.
An Avengers parallel on a political forum. Truly eally i have seen everything 
Not a criticism btw just a nice parrallel.
None really.
Nope and it’s a damn good thing. yet there were posters her on Hannity throwing a fit when Trump said the US won’t be a part of it anymore.
Just like it didn’t spread in Europe or anyplace else. Only place it didn’t spread at first (but now it has) was China. And that was due to communist being able to tell people to stay in their homes or they will be shot.
First President to never see annualized 3.0% GDP growth.
After the Bush years and now this, what makes Republicans think they have any credibility when it comes to economics? Stick to the culture wars (which you’re also losing) and grievances (good at grievance).
Energy independence renders your list pointless.
Biden wants to pluck the golden goose of energy. He is out of his mind.
I cared about the national debt ballooning under Obama, I cared about it going up under Trump. Some of the stimulus was needed and I’m good with that. However another 2 trillion isn’t needed at this point. Trump or Biden, I’ll care about national debt the next 4 years as well. Way we are spending as a country is unsustainable. Even if you took 80% of the billionairs money (not sure how you will convert their stocks to cash to cover things when no one will have $$ to buy it), it won’t cover our national debt. And once you take their money, taxes will drop and then what?
