unfortunately it is still only 2/3rds of what was lost during the virus

Oct 29, 2020
10:04:55am

CougCoug3 3rd String

lockdowns. Its great but I hope that the next time something like this occurs it is handled in a way that doesn't destroy the economy.

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CougCoug3

New username: HFF
Bio page: CougCoug3
Joined: Feb 23, 2017
Last login: Oct 30, 2021
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Messages

Author

Time

U.S. Economy grew by 33 percent in third quarter

52Cougar

10/29/20 10:00am

Do people really think this is a real recovery? That we are on steady ground? We are on the tower of terror right now

Baron

10/29/20 10:02am

Are you willing to expand on that? Are you saying economy in general or just

BlueTooth

10/29/20 10:07am

I am saying economies, unemployment, and industries have been decimated around the world

Baron

10/29/20 10:11am

This is a very good point. And lots of supply chains are all kinds of messed up.

BlueTooth

10/29/20 3:42pm

yep just waiting for reality to set in and world wide depression to start.

claw

10/29/20 10:13am

This is a natural bounce back to closer to where we were based on the artificial

gwalker

10/29/20 10:27am

But it is not a natural comeback. If it was it would be do to all businesses being back to normal. They aren't.

Baron

10/29/20 10:36am

It's a mix. In places like Utah that are mostly open, the unemployment rate is

gwalker

10/29/20 10:44am

But it isn't open. The travel industry in Utah is down, the entrainment industry is getting crushed, movie theaters?

Baron

10/29/20 10:49am

Good point.

gwalker

10/29/20 11:00am

I agree with movie theaters, but Utah restaurants seem to be doing well in

7FootRussian

10/29/20 7:28pm

As long as they keep pumping stimulus money it probably won't matter much.

Cougar8Duck

10/29/20 4:05pm

unfortunately it is still only 2/3rds of what was lost during the virus

CougCoug3

10/29/20 10:04am

It would have been half the growth under Biden

52Cougar

10/29/20 10:11am

Mmmmhhhhhmmmm. Fear over facts.

beatnik

10/29/20 10:14am

This was expected, after the steep drop in Q2. Actually, I was expecting the

chilango

10/29/20 10:06am

This was with California and New York still dinking around and little travel

Doogal McCougar

10/29/20 10:10am

POTD for an amazing prediction

Mrs Featerbottom

10/29/20 10:12am

considering 2 big states and their crazy regulations, no it wasn't going to be

jwf

10/29/20 10:27am

This isn't really something to brag about. The V shaped recovery turned into a U

beatnik

10/29/20 10:11am

You can say this as long as you include the stipulation that CA's lockdown is

YbeatsU

10/29/20 10:45am

I think there are multiple variable that have contributed. For instance, I work

beatnik

10/29/20 10:51am

Obviously but are you really critical of this decision? Maybe you should go on a

YbeatsU

10/29/20 11:04am

Haha ok, non-answer.

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