General Discussion

soothsayer

(38,601 posts) Thu Oct 29, 2020, 08:11 PM Oct 2020

It tweeted

Link to tweet

?s=21

Donald J. Trump
@realDonaldTrump
·
Oct 29, 2020
The Fake News refuses to cover the fact that GDP went up 33.1% for the 3rd Quarter, the best number by far in our Country’s history!

Mrs. Krassenstein
@HKrassenstein
It went down 32% in the 2nd quarter. It didn’t even make up its losses. You think this is a win?

15 replies

= new reply since forum marked as read

Highlight:

It tweeted (Original Post) soothsayer Oct 2020 OP

Funny how that happens, isn't it? dhol82 Oct 2020 #1

Chump always fails to notice the downdrafts. Totally Tunsie Oct 2020 #2

He continues to reveal his absolute ignorance. No wonder he had so Bev54 Oct 2020 #3

That's an annualized rate central scrutinizer Oct 2020 #4

Thanks! I was hoping I did not need to add that. JoeOtterbein Oct 2020 #6

Apparently the annualized rate is often cited central scrutinizer Oct 2020 #13

Thanks again for doing the math! To come up with something easy roundng myself I'll add... JoeOtterbein Oct 2020 #14

"...and I can't get out 'cuz the door only opens IN...' bringthePaine Oct 2020 #5

*snort* dixiechiken1 Oct 2020 #9

It needs to crawl into a corner and croak. MerryBlooms Oct 2020 #7

And the reason it had a little spike now is that Biden is looking more and more like he will win LiberalLovinLug Oct 2020 #8

Don't 7 year olds know that? They call it MATH, still do. Miigwech Oct 2020 #10

Let's check the math. keithbvadu2 Oct 2020 #11

MATH IZ HARD!! Grokenstein Oct 2020 #12

Get back here and love me!!!! Initech Oct 2020 #15

dhol82

(9,353 posts)

1. Funny how that happens, isn't it?

Reply to soothsayer (Original post)

Thu Oct 29, 2020, 08:12 PM

Oct 2020

Totally Tunsie

(10,885 posts)

2. Chump always fails to notice the downdrafts.

Reply to soothsayer (Original post)

Thu Oct 29, 2020, 08:14 PM

Oct 2020

Bev54

(10,052 posts)

3. He continues to reveal his absolute ignorance. No wonder he had so

Reply to soothsayer (Original post)

Thu Oct 29, 2020, 08:15 PM

Oct 2020

many bankruptcy, he has no understanding of, really, anything.

central scrutinizer

(11,650 posts)

4. That's an annualized rate

Reply to soothsayer (Original post)

Thu Oct 29, 2020, 08:24 PM

Oct 2020

If ( big fucking if) the third quarter rate continued for a year it would be 33.1% . A little math tells me the 3rd quarter increase was 7.4%

JoeOtterbein

(7,702 posts)

6. Thanks! I was hoping I did not need to add that.

Reply to central scrutinizer (Reply #4)

Thu Oct 29, 2020, 10:36 PM

Oct 2020

I'm sure he/they will claim "poor wording" again.

central scrutinizer

(11,650 posts)

13. Apparently the annualized rate is often cited

Reply to JoeOtterbein (Reply #6)

Thu Oct 29, 2020, 11:21 PM

Oct 2020

The 32.9% decrease in the second quarter was also an annualized rate. Of course, a 33% decrease followed by a 33% increase (or vice versa) do not bring you back to level. You’re about 11% down.