Do you geniuses believe it would be better to grow at a 15% rate? Do you think it would be best to shut down the country? No, we are not back to pre-pandemic levels, but thanks to Trump, we are recovering quickly. Biden/Harris will stop that rather quickly with more shutdowns, higher taxes, more regulations and an attack on fossil fuels.
Simple really. The economy will go into a recession under Biden/Harris. That means the “free” stuff you folks want will dry up pretty quickly.
Democrats are ignorant losers.
The reading represents how much the economy would've grown had the third-quarter rate lasted for a year. It's a sharp reversal from the second quarter's 31.4% annualized rate of contraction.
I realize that. It is annualized growth. The point is, it is growing. It won't be growing with the idiocy of Biden/Harris likely to lock the country down again, raise personal and corporate income taxes, implement the Green New Deal, etc.
It's growing? Real GDP is lower than it was in Q2-2018. That was more than 2 years ago. Real annualized GDP growth under Impeached Trump is only 1.0%. That's worse than every other president going back to Hoover. And Impeached Trump is the only president on record to not have a year above 3%.
Where do you get your information? You are averaging in the 2020 -3.7% GDP that skews the numbers. We all know it is because of COVID. Even useful idiots know that, whether they admit it or not.
- 2009: -2.5%
- 2010: +2.6%
- 2011: +1.6%
- 2012: +2.2%
- 2013: +1.8%
- 2014: +2.5%
- 2015: +3.1%
- 2016: +1.7%
- 2017: +2.3%
- 2018: +3%
- 2019: +2.2%
- 2020: -3.7%
2017 was better than 4 out of 8 years under Obama. 2018 was better than 7 out of the 8 years of Obama. 2019 was equal to or better than 4 out of Obama's 8 years. 2020 is an anomaly and the entire world's GDP is down.
Trump was impeached, without evidence, by partisan hacks/crooks in the House. If Trump wins re-election, these crooks will be in some serious hot water. If Biden wins, the crooks win and the USA loses both economically and as a world power.