Big Shocker, US GDP 2ND Quarter Revised Down To 2.1%

[2012Bearcat]

US GDP Growth In Second Quarter Revised Down To 2.1%

Economic growth in the United States was weaker than first estimated for the April to June period, the Commerce Department said Wednesday, noting downward revisions in business investment.

www.barrons.com

Ever notice the numbers during a Democrat Administration come out, Democrats and the MSM celebrate and months later the numbers are quietly revised downward. Almost like the government is lying to us.

 

[Sunburnt Indian]

US GDP Growth In Second Quarter Revised Down To 2.1%

Economic growth in the United States was weaker than first estimated for the April to June period, the Commerce Department said Wednesday, noting downward revisions in business investment.

www.barrons.com

Ever notice the numbers during a Democrat Administration come out, Democrats and the MSM celebrate and months later the numbers are quietly revised downward. Almost like the government is lying to us.

I've noticed.

Biden did not actively campaign. Two campaign rallies barely drew flies. In Democrat debates, Biden promised economic stagnation. Is Biden keeping his promise? Did an all-time record 81 million Americans vote for Biden? Or was it Mark Zuckerberg $400 million worth of stuffed drop boxes?

 

[iasooner2000]

Pitiful. Obviously sleepy Joe misplaced Don’s magic wand

 

[davidallen]

US GDP Growth In Second Quarter Revised Down To 2.1%

Economic growth in the United States was weaker than first estimated for the April to June period, the Commerce Department said Wednesday, noting downward revisions in business investment.

www.barrons.com

Ever notice the numbers during a Democrat Administration come out, Democrats and the MSM celebrate and months later the numbers are quietly revised downward. Almost like the government is lying to us.

Wasn't the initial estimate 1.8% for Q2? The current estimate is 2.1% no?

Fed's long-term GDP outlook is dismal; the economy hasn't got the message yet

After puzzling for years over the sluggish U.S. rebound from the 2007-2009 recession, the Federal Reserve had a reckoning at its policy meeting in September of 2016.

www.reuters.com

 

[davidallen]

I've noticed.

Have you also been checking the PCE revisions as well?

 

[NeekReevers]

I was glad the revision was down maybe it will keep the Fed from destroying the the economy.

I’m sure those initial numbers are really swinging voters to Biden.

 

[Syskatine]

Wasn't the initial estimate 1.8% for Q2? The current estimate is 2.1% no?

Fed's long-term GDP outlook is dismal; the economy hasn't got the message yet

After puzzling for years over the sluggish U.S. rebound from the 2007-2009 recession, the Federal Reserve had a reckoning at its policy meeting in September of 2016.

www.reuters.com

Welp, that didn't take long, lol. MAGA's always good for a half truth!

 

[2012Bearcat]

Welp, that didn't take long, lol. MAGA's always good for a half truth!

Half truth? The fact that most every positive economic report under the Biden Administration has been revised downward is a half truth? Strange how it's always one way. LMAO.

 

[Forpetessake]

Wasn't the initial estimate 1.8% for Q2? The current estimate is 2.1% no?

Fed's long-term GDP outlook is dismal; the economy hasn't got the message yet

After puzzling for years over the sluggish U.S. rebound from the 2007-2009 recession, the Federal Reserve had a reckoning at its policy meeting in September of 2016.

www.reuters.com

GDP growth in the world's biggest economy came in at 2.1 percent for the second quarter, down from the initial estimate of 2.4 percent released in July

From the Barton’s article down from 2.4 to 2.1

 

[2012Bearcat]

GDP growth in the world's biggest economy came in at 2.1 percent for the second quarter, down from the initial estimate of 2.4 percent released in July

From the Barton’s article down from 2.4 to 2.1

Well according to our Democrat posters, GDP being down to 2.1% from the previously reported 2.4% is a half truth. That should tell you the mentality of our Democrat posters. Bat shit crazy.

 

[Forpetessake]

Welp, that didn't take long, lol. MAGA's always good for a half truth!

What is funny is you should have read the article.

Well according to our Democrat posters, GDP being down to 2.1% from the previously reported 2.4% is a half truth. That should tell you the mentality of our Democrat posters. Bat shit crazy.

Well, that's how they work. They blindly follow without checking for themselves.

 

[davidallen]

GDP growth in the world's biggest economy came in at 2.1 percent for the second quarter, down from the initial estimate of 2.4 percent released in July

From the Barton’s article down from 2.4 to 2.1

Yes indeed - but the prelim was 1.8 as noted in the article I linked no?

Tell us about the PCE revisions...

 

[Syskatine]

Guys I'm sorry a Democrat president, as usual, has a strong economy.

Remind me again, how many consecutive republican presidents have hosted recessions? Last... 3? In a row? But they revised the GDP down to 2.1! LMFAO.... haters and loosers are so sad.

 

[killmnl]

When are some of you going to realize numbers coming from any administration are huge piles of BS? Touting anything and having a counter argument to the touting is exactly what our elected officials want you to do. The only conversations this country should be having is how can we flush the governmental toilet where it is most unpleasant. All while trying to figure out how fast we can make it happen. Trouble is that is pointless too, we are all just sheep wandering aimlessly looking for a place to die.

 

[Ponca Dan]

Guys I'm sorry a Democrat president, as usual, has a strong economy.

Remind me again, how many consecutive republican presidents have hosted recessions? Last... 3? In a row? But they revised the GDP down to 2.1! LMFAO.... haters and loosers are so sad.

A strong eonomy. That's funny!

 

[Alpha Woke]

Yes indeed - but the prelim was 1.8 as noted in the article I linked no?

Tell us about the PCE revisions...

So slightly less shitty than shitty is a win?

Your scales are off.

They’re probably tired.

 

[iasooner2000]

Mystery solved ? Don’s wand removed from David’s colon

 

[LAY THE WOODY]

Mystery solved ? Don’s wand removed from David’s colon

Oh, it's still in there my man. He'll confirm in time. 🤣

 

[LAY THE WOODY]

Mystery solved ? Don’s wand removed from David’s colon

Oh, it's still stuck in there obviously. 🤣

 

[Marocain Poke]

Yes indeed - but the prelim was 1.8 as noted in the article I linked no?

Tell us about the PCE revisions...

I can hardly wait for the double digit interest rates and inflation!!!

 

[OUSOONER67]

CCP Cooking the Books. 🤣

 

[LAY THE WOODY]

I can hardly wait for the double digit interest rates and inflation!!!

David can afford it. He's part of the 1% gang. Ben and Jerry appreciates his business.

 

[Marocain Poke]

David can afford it. He's part of the 1% gang. Ben and Jerry appreciates his business.

He is quite the Chunky Monkey.

 

[OUSOONER67]

David can afford it. He's part of the 1% gang. Ben and Jerry appreciates his business.

$400.00 an hr is not part of the 1% club. Their Chef's make more than that.

 

[iasooner2000]

Except for the dead ones

 

[LAY THE WOODY]

He is quite the Chunky Monkey.

Does she associate as non binary or non gender. Pronoun?

 

[davidallen]

I can hardly wait for the double digit interest rates and inflation!!!

You wanna make a side bet on Q3 inflation numbers?

 

[LAY THE WOODY]

You wanna make a side bet on Q3 inflation numbers?

Whisper's in yer ear?

 

[Sunburnt Indian]

Shocking? This evening I watched NBC Nightly News with Lester Holt. You know. The water bucket carriers for the former Democrat Party. Lester reported on all time record consumer credit card and vehicle loan delinquencies. Bidenomics!!!

 

[OUSOONER67]

 

[Rdcldad]

shocker

 

[Marocain Poke]

shocker

View embedded media

Bueller? Bueller?

 

[Syskatine]

Yes indeed - but the prelim was 1.8 as noted in the article I linked no?

Tell us about the PCE revisions...

Welp... that's that, lol.

Time to move over to.... non-farm payroll data. Man they get busted on one and no comment, just try another one, lol.

 

[davidallen]

Bueller? Bueller?

Y'all are hilarious. Keep digging, yule eventually find something.

 

[Medic007]

🤣🤣🤣🤣🤣

 

[Syskatine]

🤣🤣🤣🤣🤣

Anything yet?

chuckle

 

[OUSOONER67]

Anything yet?

chuckle

 

[Medic007]

Interest on student loans started accruing again today and payments resume October 1st. Some people are really going to love Bidenomics in a month.

 

[07pilt]