Another record for the orange man!
Largest single quarter gdp growth in us history 33% annualized !!!
Another record for the orange man!
Largest single quarter gdp growth in us history 33% annualized !!!
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Easy to do when the economy couldn't get any worse lmao.
seethe more chink
Yeah I agree lockdowns are retarded and this only proves it
>33% annualized
Kek. Your house burns down. You build a new one. Annualized, you've made 4 houses this year.
Does this qualify as the shortest "recession" in history?
If I lose 10%, and then gain 10%, I am 1% down.
0.9*1.1 = 0.99.
You mean the Democrats helped this happen?
How progessive of them to help Trump's reelection.
Stop everything. Start everything.
Look how much we gained 100000000%!! Woooooo!
Yes maybe a lockdown was fucking retarded
Agreed. I could have used a lot more dead burgers for the grill.
Next time, please stay open.
A lockdown was retarded only after we let all the infected chinks and their ugly hapa families flood back into America.
>((((((((((((33)))))))))))
it never ends
The Masons are supporting Trump!!!
BOOM!
Donald Trump is the only president since Herbert Hoover to create negative jobs. Cope.
Chadocopter Entrance.
Daily reminder that this is the Obama economy.
In Europe the drop was harsher and we won't even truly grow next year as we only delayed firings while amerimutts allowed companies to massively fire people. Unless Biden becomes president the US will recover 3 years faster than the EU, again.
Trump didn’t do anything there was no national lockdown
Lmao at europoors
Daily reminder that by 2035 Europe
Will be a collapsing shithole and us corporations will be able to pick up German engineers and French finance workers for India -tier wages LMAO
I agree that the EU is total dogshit, I don't know why you (You) me.
I've said it before to countless retarded leftard democrat throughout every single board that they're literally sitting in the most miraculous recovery period in the history of America. Those retards still can't grasp this sinple fact and instead deflect to
>hurr durr muh death
When literally every single country are experiencing the same shit.
Oh yeah because sweden is doing so much better than their neighbors
>Obama economy, Trump's presidency.
>BLM, niggers dying and commie dems cities, Trump's fault.
commit 41 Tranny
thats exactly what trump says about the obama economy.
Lick my balls shill, Hadrian is coming. Goblins cant hide.
I wish we had Trump and a V shaped recovery.
Trump tanked the economy because he implemented the lockdown the dems wanted. The economy then rebounds back as the lockdown is eased. If he gets blame for tanking it he gets credit for boosting it and vice versa, if he gets no credit for boosting it, he gets no blame for tanking it. Simple as
Obama/Biden gave us one of the most resilient economies in human history. So resilient that it withstood the uncertainty of a Trump presidency. Stay mad.
I think the expectation was 32% for the rebound.
>when you order Trump from wish and get Boris
Fuck the GDP what about unemployment
Why didnt you say that when it fell fGgot? You’re coping is hilarious
1982
this webm is useless without the music
The economy is not doing well until a single income can buy a house, a car and support a wife and kids in a middle class neighborhood.
You do realize that Melbourne economy is devastated after a 111 day lockdown right? All small businesses are gone, only major biz remain. Wow, the new normal!
I know the dynamics are pretty different here, but it makes me wonder if Obama's recovery was slow on purpose.
It hits the minimum requirements for recessions 2 Subsequent qs of negative gdp
If not for lockdowns we’d have had growth throughout
This is more like a war shock than a recession, think the uk during the blitz more than even “short” recessions like 1992.
>what about unemployment
Welcome to the post truth clown world society.
If we accept the GDP #'s "the US economy is still showing a 2.9% decline compared to a year ago following trillions in stimulus, and 3.5% below its pre-pandemic peak..."
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I think this entire situation has shown the issue with putting so much stock in GDP figures. It was equally as wrong to focus on last quarter's "historic figures" as it is this quarters "historic figures"
I agree, I work in construction and trucking, the two biggest indicators of real world economic growth and things are busier than before the lockdowns.
Covid recession had comparable effects as the Great Recession that happened under Obama.