Latest GDP released 3rd Quarter is Less than 1%. The Lowest I've Seen In Decades: Fox News: The GDP released recently was less then 1%, the lowest I've seen in history. This is scary...

Radiance3

Fox News:
The GDP released recently was less then 1%, the lowest I've seen in history. This is scary as far as economic activities are concerned in our country.

How is a GDP calculated in a country like the US?
GDP, Gross Domestic Product of a nation, is the estimate of the total value of the goods and services produced during a specific period. Usually every quarter, or every year. Why do we do that? To measure our economic growth whether it contracted or whether it grew or expanded. This is a point of comparison for an economic decision making.

What is a GDP? It is a total of consumer spending, plus business investments, plus government spending, plus exports. Exports, is calculated by total exports, less total imports.

We can measure GDP by measuring spending, and by measuring income.

In other words with less than 1% of DGP, we have the slowest business activities that provided consumptions and productions.

Four ways to calculate GDP.
1. Add all the moneys spent by consumers, businesses and government in a given period of time.
2. Add all the money received by all participants in the economy.
3. In either of these cases, the number is an estimate of the Nominal GDP.
4. Once adjusted removing effects of inflation, the real GDP.

That GDP is measured by measuring spending, or by measuring income.

That means this quarter ending 9/30/21, US have experienced the slowest economic activities for decades.

Factors:
1.There are hundreds or thousands of ships delivering merchandise that are ducked at the ports, no one is trying to unload them. Why?
2. Businesses are stagnant for lack of production of good for consumption. The shelves are empty.
3. Few are willing to take jobs, meanwhile that Joe Biden provides money to buy essentials.
4. The mandates for v*****es and punishment for removing them from jobs if not v******ted. Fewer workers as a result.
5. The mandates to stay home, no work, due to the p******c. Business establishments closed and got bankrupted due to lack of labor force.

Here are the factors of Production:
1. Land. 2. Labor. 3. Capital. 4. Entrepreneurship.
What are entrepreneurship? They are the people or groups of people who run the business.

Overall, my conclusion of this lowest GDP for the period ended 9/30/21, is POOR decision making. Lack of knowledge of the people in charge of our country and the economy.

Or designed for making this country poor, where people are made to be dependent upon the government for control. That is a masterpiece of t***sforming this country to Socialism and finally to Marxism. That was how the Bolshevik came about in
1917.

These are my assessments. LIBS, ask your own economists and accountants to explain and to satisfy your liberal brains.

The Ms.

Radiance3 wrote:

Fox News:
The GDP released recently was less then 1%, the lowest I've seen in history. This is scary as far as economic activities are concerned in our country.

How is a GDP calculated in a country like the US?
GDP, Gross Domestic Product of a nation, is the estimate of the total value of the goods and services produced during a specific period. Usually every quarter, or every year. Why do we do that? To measure our economic growth whether it contracted or whether it grew or expanded. This is a point of comparison for an economic decision making.

What is a GDP? It is a total of consumer spending, plus business investments, plus government spending, plus exports. Exports, is calculated by total exports, less total imports.

We can measure GDP by measuring spending, and by measuring income.

In other words with less than 1% of DGP, we have the slowest business activities that provided consumptions and productions.

Four ways to calculate GDP.
1. Add all the moneys spent by consumers, businesses and government in a given period of time.
2. Add all the money received by all participants in the economy.
3. In either of these cases, the number is an estimate of the Nominal GDP.
4. Once adjusted removing effects of inflation, the real GDP.

That GDP is measured by measuring spending, or by measuring income.

That means this quarter ending 9/30/21, US have experienced the slowest economic activities for decades.

Factors:
1.There are hundreds or thousands of ships delivering merchandise that are ducked at the ports, no one is trying to unload them. Why?
2. Businesses are stagnant for lack of production of good for consumption. The shelves are empty.
3. Few are willing to take jobs, meanwhile that Joe Biden provides money to buy essentials.
4. The mandates for v*****es and punishment for removing them from jobs if not v******ted. Fewer workers as a result.
5. The mandates to stay home, no work, due to the p******c. Business establishments closed and got bankrupted due to lack of labor force.

Here are the factors of Production:
1. Land. 2. Labor. 3. Capital. 4. Entrepreneurship.
What are entrepreneurship? They are the people or groups of people who run the business.

Overall, my conclusion of this lowest GDP for the period ended 9/30/21, is POOR decision making. Lack of knowledge of the people in charge of our country and the economy.

Or designed for making this country poor, where people are made to be dependent upon the government for control. That is a masterpiece of t***sforming this country to Socialism and finally to Marxism. That was how the Bolshevik came about in
1917.

These are my assessments. LIBS, ask your own economists and accountants to explain and to satisfy your liberal brains.

i Fox News: br The GDP released recently was les... (show quote)

Good point in last paragraph. Ya know , they are going to tell you , you are wrong or if they can’t refute the number…. Cry Trump’s Fault!

Milosia2 Loc: Cleveland Ohio

Radiance3 wrote:

Fox News:
The GDP released recently was less then 1%, the lowest I've seen in history. This is scary as far as economic activities are concerned in our country.

How is a GDP calculated in a country like the US?
GDP, Gross Domestic Product of a nation, is the estimate of the total value of the goods and services produced during a specific period. Usually every quarter, or every year. Why do we do that? To measure our economic growth whether it contracted or whether it grew or expanded. This is a point of comparison for an economic decision making.

What is a GDP? It is a total of consumer spending, plus business investments, plus government spending, plus exports. Exports, is calculated by total exports, less total imports.

We can measure GDP by measuring spending, and by measuring income.

In other words with less than 1% of DGP, we have the slowest business activities that provided consumptions and productions.

Four ways to calculate GDP.
1. Add all the moneys spent by consumers, businesses and government in a given period of time.
2. Add all the money received by all participants in the economy.
3. In either of these cases, the number is an estimate of the Nominal GDP.
4. Once adjusted removing effects of inflation, the real GDP.

That GDP is measured by measuring spending, or by measuring income.

That means this quarter ending 9/30/21, US have experienced the slowest economic activities for decades.

Factors:
1.There are hundreds or thousands of ships delivering merchandise that are ducked at the ports, no one is trying to unload them. Why?
2. Businesses are stagnant for lack of production of good for consumption. The shelves are empty.
3. Few are willing to take jobs, meanwhile that Joe Biden provides money to buy essentials.
4. The mandates for v*****es and punishment for removing them from jobs if not v******ted. Fewer workers as a result.
5. The mandates to stay home, no work, due to the p******c. Business establishments closed and got bankrupted due to lack of labor force.

Here are the factors of Production:
1. Land. 2. Labor. 3. Capital. 4. Entrepreneurship.
What are entrepreneurship? They are the people or groups of people who run the business.

Overall, my conclusion of this lowest GDP for the period ended 9/30/21, is POOR decision making. Lack of knowledge of the people in charge of our country and the economy.

Or designed for making this country poor, where people are made to be dependent upon the government for control. That is a masterpiece of t***sforming this country to Socialism and finally to Marxism. That was how the Bolshevik came about in
1917.

These are my assessments. LIBS, ask your own economists and accountants to explain and to satisfy your liberal brains.

i Fox News: br The GDP released recently was les... (show quote)

This, in case you haven’t heard, is called
Supply Side Economics. Or Voodoo Economics.
We manufacture nothing here. T***h be known our Unemployed People represent At least 44% of our population. The rich buy everything from China and sell it to us at inflated prices. How can you have a GDP when you don’t manufacture anything here.
What we have today are the fruits of Reagan/Koch economics.
Explain this however you want. Healthcare represents 40% of the GDP .
Just make sure your last sentence includes
V**e for Republicans and You Lose.

Radiance3

Milosia2 wrote:

This, in case you haven’t heard, is called
Supply Side Economics. Or Voodoo Economics.
We manufacture nothing here. The rich buy everything from China and sell it to us at inflated prices. How can you have a GDP when you don’t manufacture anything here.
What we have today are the fruits of Reagan/Koch economics.
Explain this however you want.
Just make sure your last sentence includes
V**e for Republicans and You Lose.

===================
When president Trump was in the office he motivated and brought back all US manufacturing companies to the US. That was in addition to lowering the corporate taxes to 21%. US manufacturing abroad came home and hired hundreds of thousands of employees to fill up their businesses. We had the best economic performance.

The MSM'S are all LIARS, and the TOOLS of the DEMOCRAT-MARXIST party. MSM's don't report news. They report fabricated lies to fulfill their commitment as TOOLS of the democrat party to destroy the Republicans,

But when Biden came, he reversed Trump's policies, encouraged all manufacturers to go away due to his darn C*****e C****e. Biden drove them away to China and to wherever these companies could have better deal, low labor cost. You know the 3rd world. China pays 25% of labor cost compared to the US. China uses specially the Uyghurs to work at the lowest s***e salary possible. That is why we import most of our essentials uses from China. Under Biden, China made the USA as their main market to sell their products.

Now these imported products by Biden are all stocked at the Port of LA, nobody want to unload them cause Biden gives them more money of the taxpayers to survive than working. Now our shelves at the stores are empty. No merchandise. Therefore inflation has gone up so high that the value of a dollar has shrunk to 65% to 70% compared a dollar in 2020.

Now all our products are mostly made in China. We are the dumping market place of China's cheap products due to Biden's stupid Climate deal with AOC, and Sanders.

When president Trump was the president we had a balanced trade agreement. In fact, US was able to save $650 billion annually during the Trump administration.

Under Biden, we import most of our products now. Check all the labels that you buy all made in China or in Asia.

lindajoy Loc: right here with you....

Milosia2 wrote:

This, in case you haven’t heard, is called br Su... (show quote)

Lolololollolo YOU didn’tvreally say this with any conviction right??😂😂😂😂😂

You get 🌟🌟🌟for this one…

Radiance3

Milosia2 wrote:

This, in case you haven’t heard, is called br Su... (show quote)

================
You don't know what you are talking about Milosia. That dumb brain of yours, make so much lies plus deceptions. Don't even try to deceive the rest of the democrats cause they are a little smarter than your dumb brain. You don't even have the shame talking your non-sense.

Radiance3

lindajoy wrote:

Lolololollolo YOU didn’tvreally say this with any conviction right??😂😂😂😂😂

You get 🌟🌟🌟for this one…

================
Right on Linda.

lindajoy Loc: right here with you....

Radiance3 wrote:

================ br Right on Linda. br img src=... (show quote)

Radiance, I read it and couldn’t stop from laughing, seriously talk about leaving the brain on the pillow when rising, holy crap!🤣😂🤣😂

Radiance3

lindajoy wrote:

Radiance, I read it and couldn’t stop from laughing, seriously talk about leaving the brain on the pillow when rising, holy crap!🤣😂🤣😂

=================
They do that in the morning. Lol..