Economic Free Fall: Another 1.4Million lose jobs last week as GDP sinks over 40%
Jul 31, 2020 12:15:32 #
PeterS wrote:
Blade doesn't understand anything about how GDP is calculated. All quarterly GDP is annualized. He believes because this story comes from NBC it has to be f**e news...that is, that their motive is to paint Trump with false statistics. All they did though was to report what the BEA reported and as the BEA always does they annualized quarterly GDP.
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Yes I agree, I’m aware of that and the BEA is critically biased.
I’m waiting for 2 or 3 others to send me their real data on the crash.
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