Yea, I can see how that might not help Trump.
Posted on 10/20/2020 1:41:34 PM PDT by Red in Blue PA
Next week, the U.S. will get economic news like it has never seen before, reflecting growth that had seemed impossible, as it is likely that GDP will have risen by about 30% or more.
In the middle of a pandemic. In the middle of a recession. In the middle of 12.5 million unemployed people.
While the incongruity of skyrocketing growth and extreme hardship will be impossible to ignore, it will come at an opportune time for President Donald Trump. The GDP release comes Oct. 29, just five days before the presidential election.
How seriously the country, and its voters, takes the news could influence what happens as the ballots are counted.
“Even though it’s totally meaningless, this is going to give Trump a little lift,” said Steve Blitz, chief U.S. economist at TS Lombard. “He’s going to say, ‘See, I told you, we have a ‘V’ [recovery] and we’re zooming.”
The “zoom,” though, will be in completely relative terms.
(Excerpt) Read more at cnbc.com ...
Yea, I can see how that might not help Trump.
A GDP report north of 30% which is expected (there have been reports of close to 40% growth)would certainly help the President and you can bet the campaign commercials are already made and ready to go,
This lib network is simply trying to preemptively take some of the steam out of what will be a blockbuster report.
> The “zoom,” though, will be in completely relative terms.
So the decline during the shutdown doesn’t count either?
It will help Trump with anybody who is not a democrat voter. Democrat voters vote democrat just because they are democrats. Everybody else thinks!
CNBC and MarketWatch are blatant anti-Trump 24/7
Anyone know where I can get real-time market quotes and business news without a political slant?
NOT CNBC!
The dem outlets won’t report it.
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Trump can weave this into national security very easily.
A growing vibrant economy keeps a nation secure as it doesn’t need to rely on outside interests.
He can also throw a direct barb at Joe in his 2 minutes using that line of reasoning
A few days ago liberals were crowing about China’s 6% 3Q GDP. They said China was doing so much better than Trump could do.
Yeah. Right.
Varner in the AM. Fox Business.
Varney
But everything else is Trump’s fault...
Since the media will be mum or try to spin it against Trump next week, he should wait until Biden brings up the economy at this Thursday’s debate and bring up and take credit for the GDP then.
The Praetorian Guard (MSM) will report it as a disaster.
The media, (and academia), most certainly are the enemy !
I like Varney’s optimism, but his entire show is about political news of the day and not a business show.
I want to like it, but I can’t.
Make sure that it is after 10 am Pacific Time, and I have had one cup of pure coffee.
Wow, you’re so right! Of course it “may not help Trump!” Why didn’t we see that? Silly us! We are fooled by the false notion that GREAT F$$KING economic news HELPS Trump. Thanks so much for straightening us out!! Sheeeesh, that was close!
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