- Nov 14, 2011
- Reaction score
No, you moron. Are you incapable of following a discussion? g5000 said we were not in a recession when Impeached Trump became president. Dumbfucking Norman misread that and thought he said we're not in a recession now. Now he's going off on Mac1958 and myself because he didn't understand what g5000 said. Mac1958 pointed out how nuts like him make shit up and then believe it, to which I pointed out how scary such dementia is.We believe the entire world is in a COVID related recession but we are the ones that are nuts. Ok, gotcha.It's truly scary to see how nuts these yahoos are.They're conditioned to just make stuff up as they go, and then immediately believe it.You're fucking nuts.You think the NBER doesn't know the definition of a recession? Or do you think the NBER is deep state?You must be the only financial advisor who does not know that a recession is defined as two quarters of contracting GDP.That's not what they're told in their world.There was no recession, dumbass.thats right, and TRUMP got us out of BARRAGs recession. glad you see thatThat doesn't matter. Covid happened. Impeached Trump doesn't get to wipe the bad quarters of GDP off the record. Of course, I'm saying this to a hypocrite who pointed out Impeached Trump's good years were better than some of Obama's, including his first year where he inherited the Great Recession.We all know, including you, that had COVID not happened, the economy would certainly NOT be on the table for discussion in this election. He will get us back. Biden, now way.LOLYou are adding 2020...the worldwide pandemic GDP.Sorted by annualized real GDP, by president, from best to worst...Here’s a look at average GDP growth rates under the last six U.S. presidents:
- Jimmy Carter (D): 3.25%
- Ronald Reagan (R): 3.48%
- George H.W. Bush (R): 2.25%
- Bill Clinton (D): 3.88%
- George W. Bush (R): 2.2%
- Barack Obama (D): 1.62%
- Donald Trump (R): 0.95%With the presidential election less than a week away, Americans are weighing the two presidential candidates and choosing which is best for the country over the next four years --if they haven't already voted.One way they can do that is by looking back on the first term of President Donald Trump...www.yahoo.com
Kennedy 5.5 Johnson 5.0 Truman (since '47) 4.7 Clinton 3.8 Reagan 3.6 Carter 3.2 Ford 2.9 Nixon 2.7 Eisenhower 2.5 Bush41 2.2 Obama 1.9 Bush43 1.8 Trump 1.0
... which is why it's sooo fucking hysterical watching the brain-dead right try to scare America into b'lieving Biden/Harris will lead this country into a recession.
Shit, even Impeached Trump says the economy does better under Democrats...
Don't be so stupid.
Impeached Trump is still president, right? GDP is measured on his watch and will be recorded as such for all time.
But I do enjoy watching your hypocrisy. While at the same time you bitch & moan how unfair it is to post bad GDP figures under Impeached Trump because of the pandemic, you posted GDP figures under Obama which included his first two quarters which were still in the recession he was handed. Even worse for your hypocrisy, you wasted no time giving Impeached credit for the turnaround. You can't have it both ways.
And yet believe a "manufacturing recession" is a thing.
Everything is full TDS bullshit with you. This is the deepest recession we have had. And now the TRUMP recovery, relentless WINNING.
The NBER's traditional definition emphasizes that a recession involves a significant decline in economic activity that is spread across the economy and lasts more than a few months. In our modern interpretation of this definition, we treat the three criteria—depth, diffusion, and duration—as at least somewhat interchangeable. That is, while each criterion needs to be met individually to some degree, extreme conditions revealed by one criterion may partially offset weaker indications from another.
The usual definition of a recession involves a decline in economic activity that lasts more than a few months. However, in deciding whether to identify a recession, the committee weighs the depth of the contraction, its duration, and whether economic activity declined broadly across the economy (the diffusion of the downturn). The committee recognizes that the pandemic and the public health response have resulted in a downturn with different characteristics and dynamics than prior recessions. Nonetheless, it concluded that the unprecedented magnitude of the decline in employment and production, and its broad reach across the entire economy, warrants the designation of this episode as a recession, even if it turns out to be briefer than earlier contractions.
If you thought what we went through isn't a recession, you are legitimately insane. Absolutely NO clue.
What makes it even more insane is that Mac thinks he is a financial advisor. Fully devoured by TDS.
Who knows what I said to lead your deformed brain into thinking I said we're not in a recession?
Just like the object of their adoration in the White House does.
There's nothing you can do or say.