Q2 2020 GDP growth: -32.9%.... Yes, you've read it right.

Discussion in 'Current Events' started by Arkanis, Jul 30, 2020.

  1. Zorro

    Zorro Well-Known Member

    Joined:
    Jun 13, 2015
    Messages:
    77,145
    Likes Received:
    51,807
    Trophy Points:
    113
    Fake News. Your claim appears have no more support than Biden's inane ramblings.

    [​IMG]
     
    Shonyman32 likes this.
  2. Shonyman32

    Shonyman32 Well-Known Member

    Joined:
    Oct 23, 2018
    Messages:
    1,557
    Likes Received:
    743
    Trophy Points:
    113
    Yet it wasnt trump who shut down the government lol
     
  3. Chrizton

    Chrizton Well-Known Member

    Joined:
    Aug 4, 2020
    Messages:
    7,773
    Likes Received:
    3,819
    Trophy Points:
    113
    Not really. I understand Germany is preparing for about a 25% drop in GDP for the year.
     
    Labouroflove likes this.
  4. Zorro

    Zorro Well-Known Member

    Joined:
    Jun 13, 2015
    Messages:
    77,145
    Likes Received:
    51,807
    Trophy Points:
    113
    If they only had a 10% decline in what is likely their worst quarter, why in the world is anyone forecasting an annual 25% drop?

    ECONOMIC DAMAGE FROM THE CORONAVIRUS. There are some people trying to claim that the U.S. response has been uniquely bad because #OrangeManBad.

    [​IMG]

    The U.S. has done much better than its peer and near-peer nations at limiting economic damage, and it’s done so without maintaining a higher death rate — in fact, there doesn’t seem to be any correlation here between economic damage and death rate.
     
  5. Chrizton

    Chrizton Well-Known Member

    Joined:
    Aug 4, 2020
    Messages:
    7,773
    Likes Received:
    3,819
    Trophy Points:
    113
    I think that was one of the early "expect" projections.
     
    Zorro likes this.
  6. Zorro

    Zorro Well-Known Member

    Joined:
    Jun 13, 2015
    Messages:
    77,145
    Likes Received:
    51,807
    Trophy Points:
    113
    Few things more useless than a economic "expert" with a perpetual look of surprise on his face.
     
  7. Chrizton

    Chrizton Well-Known Member

    Joined:
    Aug 4, 2020
    Messages:
    7,773
    Likes Received:
    3,819
    Trophy Points:
    113
    Things tend to wash out in the laundry. People not spending on X now will be spending on Y now or X later.
     
    Zorro likes this.
  8. Labouroflove

    Labouroflove Well-Known Member Past Donor

    Joined:
    Jul 29, 2009
    Messages:
    12,838
    Likes Received:
    6,852
    Trophy Points:
    113
    More bedtime stories.
     
  9. Dutch

    Dutch Well-Known Member Past Donor

    Joined:
    Apr 24, 2010
    Messages:
    46,383
    Likes Received:
    15,488
    Trophy Points:
    113
    Gender:
    Male
    Thank you, Democrats and Chinese!
     
  10. Daniel Light

    Daniel Light Well-Known Member

    Joined:
    Mar 12, 2015
    Messages:
    31,455
    Likes Received:
    34,888
    Trophy Points:
    113
    Sorry dude - history will show that the US entered a recession in the fourth year of the Trump Presidency.
    It will also show that Trump signed off on the largest Debt increase in US history.
    Just the way it is.
     
  11. Chrizton

    Chrizton Well-Known Member

    Joined:
    Aug 4, 2020
    Messages:
    7,773
    Likes Received:
    3,819
    Trophy Points:
    113
    Just about every debt increase is the largest in US history. Just the way it is.
     
  12. Dutch

    Dutch Well-Known Member Past Donor

    Joined:
    Apr 24, 2010
    Messages:
    46,383
    Likes Received:
    15,488
    Trophy Points:
    113
    Gender:
    Male
    So long as Trump serves another 4 years, fine by me.
     
  13. 3link

    3link Well-Known Member Past Donor

    Joined:
    Mar 22, 2010
    Messages:
    10,744
    Likes Received:
    4,375
    Trophy Points:
    113
    It's Obama's fault.
     
    Arkanis likes this.
  14. TOG 6

    TOG 6 Well-Known Member

    Joined:
    Oct 23, 2015
    Messages:
    47,848
    Likes Received:
    19,639
    Trophy Points:
    113
    Rational, reasonable people will take these facts in context.
    Democrats will deliberately misrepresent them for political gain.
    Just the way it is.
     
    Last edited: Aug 15, 2020
    Labouroflove likes this.
  15. (original)late

    (original)late Banned

    Joined:
    Aug 19, 2015
    Messages:
    8,372
    Likes Received:
    4,001
    Trophy Points:
    113
    Gender:
    Male
    No.

    It's the way it isn't.

    All the BS in the world won't excuse Trump's failures.
     
  16. TOG 6

    TOG 6 Well-Known Member

    Joined:
    Oct 23, 2015
    Messages:
    47,848
    Likes Received:
    19,639
    Trophy Points:
    113
    You, yourself, prove my statement correct.
    Well done.
     
    Last edited: Aug 15, 2020
    Labouroflove likes this.
  17. (original)late

    (original)late Banned

    Joined:
    Aug 19, 2015
    Messages:
    8,372
    Likes Received:
    4,001
    Trophy Points:
    113
    Gender:
    Male
    Trump was handed a healthy economy, and a well developed pandemic response system.

    Now the economy is sliding toward a depression, unlike the other developed countries we have not bent the curve.

    The result is appalling damage that could have mostly been avoided, and 90% of the blame falls on the man whose greatest talent is failure, Trump.
     
  18. TOG 6

    TOG 6 Well-Known Member

    Joined:
    Oct 23, 2015
    Messages:
    47,848
    Likes Received:
    19,639
    Trophy Points:
    113
    Thank you for demonstrating that Democrats will deliberately misrepresent the facts for political gain.
    Just as I said.
     
    Labouroflove likes this.
  19. (original)late

    (original)late Banned

    Joined:
    Aug 19, 2015
    Messages:
    8,372
    Likes Received:
    4,001
    Trophy Points:
    113
    Gender:
    Male
    You make a lot of assertions.

    That you can't back up.... get better lies.
     
  20. TOG 6

    TOG 6 Well-Known Member

    Joined:
    Oct 23, 2015
    Messages:
    47,848
    Likes Received:
    19,639
    Trophy Points:
    113
    Nothing here changes the fact you posts demonstrate how Democrats deliberately misrepresent the facts for political gain.
    Just as I said.
     
    Last edited: Aug 15, 2020
    Labouroflove likes this.
  21. (original)late

    (original)late Banned

    Joined:
    Aug 19, 2015
    Messages:
    8,372
    Likes Received:
    4,001
    Trophy Points:
    113
    Gender:
    Male
    Trump was handed a healthy economy, and a well developed pandemic response system.

    Now the economy is sliding toward a depression, unlike the other developed countries we have not bent the curve.

    Fact.

    And it didn't have to be this way, but keep trolling me. I'll keep pointing out what a monumental f***up Trump has been.
     
    Quantum Nerd likes this.
  22. TOG 6

    TOG 6 Well-Known Member

    Joined:
    Oct 23, 2015
    Messages:
    47,848
    Likes Received:
    19,639
    Trophy Points:
    113
    Thank you for continuing to demonstrate how Democrats deliberately misrepresent the facts for political gain.
    Just as I said.
     
  23. (original)late

    (original)late Banned

    Joined:
    Aug 19, 2015
    Messages:
    8,372
    Likes Received:
    4,001
    Trophy Points:
    113
    Gender:
    Male
    No, that's trolling, not a particularly good version.

    You can't show me to be wrong for the simple reason that what I am saying is accurate.

    Which leads to a blindingly obvious conclusion. If Trump isn't the worst president in American history, he's damn close.
     
    Last edited: Aug 16, 2020
  24. TOG 6

    TOG 6 Well-Known Member

    Joined:
    Oct 23, 2015
    Messages:
    47,848
    Likes Received:
    19,639
    Trophy Points:
    113
    Thank you for continuing to demonstrate how Democrats deliberately misrepresent the facts for political gain.
     

Share This Page