The essential utility of Trump's falsehoods.

[berg80]

When engaging in debate with a Trumpleton they will often repeat Trump's lie about how we had the greatest economy ever before COVID hit. We didn't. There were a couple of above trend quarters of GDP growth following the budget busting tax cut for the wealthy he got passed when the economy was on a sugar high. Beyond that the good economy he inherited from Obama just chugged along as it had been.

 

[struth]

GDP has to be negative, not lower than preceding quarters, for there to be a technical recession.

Hahah when it’s lower then prior qtrs it’s negative! Hahab it’s going backwards!

Haha I guess like everything is else you dembots want to change the definitions of things to fit your false narrative

Very orwellian

 

[berg80]

Hahah when it’s lower then prior qtrs it’s negative!

You need to take a remedial math class. If GDP in the first qtr. of the year is +2%, and +1% in the second qtr, then GDP declined qtr. over qtr. but it is still positive.

It takes two qtr's of negative growth, that is GDP below zero, for there to be a technical recession.

 

[struth]

You need to take a remedial math class. If GDP in the first qtr. of the year is +2%, and +1% in the second qtr, then GDP declined qtr. over qtr. but it is still positive.

It takes two qtr's of negative growth, that is GDP below zero, for there to be a technical recession.

If gdp is 2 percent then declines 1 percent the next qtr its negative 1 percent

 

[berg80]

If gdp is 2 percent then declines 1 percent the next qtr its negative 1 percent

What you meant to write is if it declines to 1%. If it declined 1% it would be a fractional decline. In any event, 2-1=1. 1 representing 1% POSITIVE growth though lower than the previous qtr.

 

[SassyIrishLass]

What you meant to write is if it declines to 1%. If it declined 1% it would be a fractional decline. In any event, 2-1=1. 1 representing 1% POSITIVE growth though lower than the previous qtr.

It's a shit economy. Evidently everyone knows it except you Biden bootlickers

 

[Toddsterpatriot]

No it doesn't. You could have a decline of 75% from the preceding quarter and still have positive growth of GDP.

Two negative quarters in a row is two negative quarters.
If next quarter's GDP was 75% lower than this quarter's GDP, that would be a negative quarter, not "positive growth of GDP".

 

[Toddsterpatriot]

GDP has to be negative, not lower than preceding quarters, for there to be a technical recession.

Lower GDP than preceding quarters is negative. Negative is lower.

 

[Billo_Really]

Wow 1.4 percent! What a booming economy xiden has given us

That's still growth.

 

[Billo_Really]

Hey dumbnuts. 3.4 to 1.4 is sinking, not growing.

View attachment 971068
View attachment 971071

We did not have 3.4% growth during covid! That's just nuts!

 

[berg80]

Lower GDP than preceding quarters is negative. Negative is lower.

Negative is less than zero, not lower. In mathematics, a negative number represents an opposite. In the real number system, a negative number is a number that is less than zero.

 

[SassyIrishLass]

Negative is less than zero, not lower. In mathematics, a negative number represents an opposite. In the real number system, a negative number is a number that is less than zero.

You're looking really stupid. Give it a rest

 

[berg80]

It's a shit economy. Evidently everyone knows it except you Biden bootlickers

You should be know that reading the contents of this link may cause you to curl up in a fetal position and suck your thumb since your unfamiliarity with the truth may result in severe cognitive dissonance.

Biden’s vs. Trump’s economy, in 8 charts

The gaps between perception of the economy and the reality, explained.

www.vox.com

 

[Toddsterpatriot]

And that is the second DECLINE in GDP in a row > aka RECESSION.

4.9.......3.4..........1.4.

Three positive numbers in a row. DURR

 

[berg80]

You're looking really stupid. Give it a rest

Another person who flunked third grade math is heard from. How proud your parents must be.

 

[Toddsterpatriot]

Negative is less than zero, not lower. In mathematics, a negative number represents an opposite. In the real number system, a negative number is a number that is less than zero.

Negative is less than zero, not lower.

Lower GDP next quarter compared to this quarter is negative growth.

 

[SassyIrishLass]

You should be know that reading the contents of this link may cause you to curl up in a fetal position and suck your thumb since your unfamiliarity with the truth may result in severe cognitive dissonance.

Biden’s vs. Trump’s economy, in 8 charts

The gaps between perception of the economy and the reality, explained.

www.vox.com

No wonder you're Fckn stupid. Vox? Lol

 

[Lastamender]

Trump's attorneys are corrupt, according to your "logic".

What "logic" is that?

 

[scruffy]

Hey asshole.

Inflation is at THREE percent.

HORSESHIT.

Lower than the average for the last fifty years

YOU'RE THE BIGGEST SHEEPLE THAT EVER LIVED.

Leftards are lying asswipes.

 

[protectionist]

We did not have 3.4% growth during covid! That's just nuts!

We had it in the middle of the current Biden recession. I posted th BEA link. Can you read a bar graph ?