Today, BEA will release its Q3 “Avance Estimate”, and guess who will take all of the credit?

Well obviously, Trump and his loyalists.

https;//www.bea.gov/data/gdp/gross-domestic-product

HOWEVER, the above average intelligent people know that our government-induced recession/turn-key recovery were concerted and fully financed by the Federal Reserve and Congress.

Cost of said government-induced recession and turn-key recovery; well over $4 trillion.

In other words, NOT Trump’s money, nor his magic wand.

Last, a reminder; Since the last two decades, near 20 trillion dollars have kept our heads above water.

 

Also, TODAY, we have record high new daily 7-Day moving averages, NUMEROUS hospitals are near overwhelmed, and once again, 1,000 + daily deaths.

AND Trump recently declared the Pandemic has ended.

Well, one of the main reasons why Trump will lose the election; He keeps insulting people’s intelligence.

 

Now, let’s test people’s IQ;

Question; What are the two main reasons why we have a turn-key economic recovery/a near V shape recovery?

 

We already have a v shaped recovery.

Right now, what recovery we have is in serious jeopardy.

Trump has already proven that his in both incapable and unwilling to manage anything like the second wave that is now washing across the EU.

We aren’t even there yet.

Trump is on the ballot.

We already know that he will mismanage any second wave, largely by pretending that there is no problem at all.

Of course, if he get re-elected, or figures out a way to steal the office, he will sit back, bellow on Fox and essentially tell the American people “let them eat cake”. He won’t have to worry about pubic opinion anymore.

He’ll still have his mob to keep him warm. For a while, at least.

 

It was the wrong thing to do no matter who did it. The right thing to do was to avoid the lockdown.

 

It is laughable that people want to blame Trump for COVID, but then they don't want to give him any credit for how he's helped the recovery.

The lockdowns, in retrospect, were a bad idea, but I can understand Trump's overabundance of caution. Hell, even with the steps he did take, there are still ignorant partisan haters who want to blame him for China's COVID. There are haters who'd still have us in lockdown if they could.

I trust Trump infinitely more than Biden to rebound the economy from COVID. Lucky me for being one of those "above average intelligent people" I guess.

I'll take Trump's "magic wand", thanks.

 

Our concerted government-induced recession, and turn-key recovery have taught us one valuable lesson;

How we could avoid regular recessions......

Thus, at a near peak, and/or prior to hundreds of thousands of businesses closing their doors, and/or laying off millions of workers......

......Implement a PPP loan forgiveness program, and furlough all effected employees with pay over 9 months.

Cost; $2.7 trillion over 9 months.

Plus an additional $2.2 trillion if needed.

In addition, The Federal Reserve would also implement their $2.1 trillion rescue/recovery package.

 

Exactly, Tommy

The economy won't fully recover till we get nasty corona under control ... which is the main reason why we need to give dirty donnie bone spurs THE BOOT next month...

 

Well, obviously... the architect of the V-shaped recovery, the person solely responsible for the V-shape recovery will take all of the credit... as he should. That'd be Trump, right? Biden does not even get participation award.

We'll take it, this surely beats a major economic depression and Biden's dark winter.

 

In other words, you still believe in the tooth fairy. Maybe re-read the OP, making it clear there is no magic wand, just good old deficit spending. It's always been like that when the GOP had power.

 

In addition to the above, Trump recently tweeted;

“Under the previous Administration, it took 30 months to recover more than half the jobs lost in the crisis, and we surpassed that milestone in fewer than 5 months”

Well of course!

Cost of a quick V shape recovery; $2.7 trillion, plus a forthcoming $2.2 trillion, plus the Fed’s $2.1 trillion rescue/recovery package.....OVER 9 months!

 

Gosh, had you put this on twitter, it likely would have already been removed for the misinformation or misleading information ban there. This is the kind of misinformation that is purposefully designed to scare folks, even though it is factually incorrect and asserts falsehoods.

Here, there are just lots of us who can point to posts like this as the misinformation campaign that it is. Likely this is a Biden supporter trying to scare folks.

 

I think our cash printing machine should be gold plated, and worshiped by Trump’s loyalists every Sunday morning. Sermon Pastor, Donald J. Trump

 

I disagree, it has the stench of Leftwing media about it, clearly meant for the discriminant partisan readers/guppy's..

 

Possibly. When folks are working this hard to find such an obscure forum to populate... well, that says real desperation to me.... LOL

 

Good god.

 

Trump's policies are a damn sight better than Biden's insane call to raise taxes. Biden will reverse the gains the US has made in reversing the decades of losses resulting from globalist policies that Biden want to put back in place.

Trump is America first.
Biden is not.

 

Trump is America’s stock market first
Biden is not

 

The stock market is how many of US plan on retiring, but I aint tellin you anything you don't already know.

 

As predicted:

http://www.politicalforum.com/index...-33-1-rate-in-q3-better-than-expected.580437/

 

And here’s our $4 trillion + third quarter GDP; 33.1%, last quarter, minus 31.4%., record low, followed by a record high.

A $4 trillion + government-induced rescesion, and turn-key recovery.


Trump’s money? In the minds of his loyalists, yes!

 

I just love anti Trumpers and Joe humpers. Covid Covid shut down the economy, I can't believe Trump let the economy tank, ofcourse it was going to bounce back but the debt....It's hilarious listening to their nonsensible hypocritical partisan rants.

 

Today, BEA will release its Q3 “Avance Estimate”, and guess who will take all of the credit?
I just heard part of an interview where Pelosi took the credit.

 

Well, of course! and who’s next? Powell

 

Pelosi? Pelosi who would shut down the economy for a decade if that's what it took to hurt Trump? Pelosi is claiming credit for Trump's economic recovery? Damn these people are delusional. She probably thinks Trump's "magic wand" is actually magical too. Dumb b*tch.