Politics and Religion

Another example of this logic
Steve_Trevor 11 reads
posted

Circa 2009:

“My home’s value went down by 40%!” 😩

Then in 2011:

“My home’s value went up 7%!  Yay, life is good again!” 😄
“Oh wait... the value is still down 33%.” 😭

GDP announced today. . . . . . 33.1% increase, an all-time high in the history of the US.  Economists were predicting 7-8 percent increase.  Trump is doing it again, proving he is the only candidate capable of getting the economy roaring again.  He will keep exceeding expectations after his reelection.   This, combined with  getting the word out on the Biden family corruption over the weekend will pretty much assure Trump's win.

the CNN hacks trying to minimize this as not that big of a deal.  Bwahahaha

-- Modified on 10/29/2020 5:19:38 PM

Clearly not. The quarterly rise actually WAS between 7 and 8 percent. The annualized rate IS 33%. So you're totally WRONG.
And another thing: the quarterly rise was driven almost entirely by the stimulus package. You know, the one that was not renewed because McConnell stood in the way. So the 4th quarter will not show the same rise because the air has been let out of the balloon. This means the actual rate of increase will NOT be at the annualized rate you're splooging yourself over.
In other words, "the economists" were RIGHT. You're just too dumb to know it.
Please go an bone up on economics.

Did you have any doubt???  
Frankly after a little exchange with CaCa on Powell buying stocks and bonds through ETFs I have realized this two really don’t know basics of money, markets, economy etc.
Two village idiots of TER village.

package that Nancy Pelosi would not renew without money to prop up spendthrift blue state governments.

Steve_Trevor12 reads

Circa 2009:

“My home’s value went down by 40%!” 😩

Then in 2011:

“My home’s value went up 7%!  Yay, life is good again!” 😄
“Oh wait... the value is still down 33%.” 😭

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