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(53,342 posts)

9. yeah...restoring lost jobs is NOT growth. there's NO WAY that 7.9% quarterly number is sustainable

Thu Oct 29, 2020, 09:27 AM

Oct 2020

2020 will still likely fall under 2019 overall

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I don't get the talking heads talking point about the 7.9 GDP growth [View all] Claustrum Oct 2020 OP

7.9? It was 33.1 in Q3 Johnny2X2X Oct 2020 #1

7.9 for the quarter; annualized rate of 33.1. lagomorph777 Oct 2020 #3

I don't think that many people actually know what the GDP is... agingdem Oct 2020 #6

You dig a hole in the middle of the road and only partly refill it C_U_L8R Oct 2020 #4

Good analogy! One thing trump very successful at. He controls Laura PourMeADrink Oct 2020 #7

The Broken Windows Fallacy Bad Thoughts Oct 2020 #8

Technically, yes, but you are not increasing wealth Bad Thoughts Oct 2020 #13

Right! lagomorph777 Oct 2020 #16

I wouldn't worry about it Renew Deal Oct 2020 #12

KnR Sedona Oct 2020 #14

A quick search reveals GDP may be calculated in 3 different ways Clearly fogged in Oct 2020 #15

Percentage growth or decay is based on the previous measurement central scrutinizer Oct 2020 #17

Because they want that horserace durablend Oct 2020 #18