# GDP grew 33.1 % in Q3 2020 **URL:** \ **Category:** Miscellaneous and Personal Stuff I Must Share\ **Created:** [October 29, 2020, 12:59pm UTC](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205 "2020-10-29T12:59:01Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![eenerms](https://avatars.discourse-cdn.com/v4/letter/e/cdc98d/32.png) [@eenerms](https://boards.straightdope.com/u/eenerms)\ **Post date:** [October 29, 2020, 12:59pm UTC](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205/1 "2020-10-29T12:59:01Z")
That’s some good news! Never underestimate the value of the American spirit! ---
**Author:** ![running\_coach](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/running_coach/32/15836_2.png) [@running\_coach](https://boards.straightdope.com/u/running_coach)\ **Post date:** [October 29, 2020, 1:02pm UTC](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205/2 "2020-10-29T13:02:14Z")
That nicely balances out the 2nd quarter drop of [31.7%](https://www.bea.gov/news/2020/gross-domestic-product-2nd-quarter-2020-second-estimate-corporate-profits-2nd-quarter) ---
**Author:** ![Si\_Amigo](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/si_amigo/32/2877_2.png) [@Si\_Amigo](https://boards.straightdope.com/u/Si_Amigo)\ **Post date:** [October 29, 2020, 1:09pm UTC](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205/3 "2020-10-29T13:09:31Z")
Yes, let’s make sure to congratulate the fireman that put out the fire that he set himself. Oh wait, I’m sure he will give himself lots of credit for this. ---
**Author:** ![running\_coach](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/running_coach/32/15836_2.png) [@running\_coach](https://boards.straightdope.com/u/running_coach)\ **Post date:** [October 29, 2020, 1:14pm UTC](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205/4 "2020-10-29T13:14:56Z")
> [@running\_coach](#): > > That nicely balances out the 2nd quarter drop of [31.7%](https://www.bea.gov/news/2020/gross-domestic-product-2nd-quarter-2020-second-estimate-corporate-profits-2nd-quarter) - My mistake, it’s still behind. 1000-31.7%= 683 683+33.1%=909 ---
**Author:** ![Grey](https://avatars.discourse-cdn.com/v4/letter/g/b782af/32.png) [@Grey](https://boards.straightdope.com/u/Grey)\ **Post date:** [October 29, 2020, 1:38pm UTC](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205/5 "2020-10-29T13:38:09Z")
> [@running\_coach](#): > > icely balances out the 2nd quarter drop of [31.7%](https://www.bea.gov/news/2020/gross-domestic-product-2nd-quarter-2020-second-estimate-corporate-profits-2nd-quarter) Yeah, don’t let yourself be fooled into thinking a drop of X percent is off set by a rise in X%. ---
**Author:** ![Left\_Hand\_of\_Dorkness](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/left_hand_of_dorkness/32/7156_2.png) [@Left\_Hand\_of\_Dorkness](https://boards.straightdope.com/u/Left_Hand_of_Dorkness)\ **Post date:** [October 29, 2020, 1:42pm UTC](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205/6 "2020-10-29T13:42:00Z")
That’s not the the best financial news in my life: my buddy put a surprise $9,000 in my bank account last week. What an amazing friend! I won’t mention that this is the same friend who stole $10,000 from me last March. That would be ungrateful. ---
**Author:** ![eenerms](https://avatars.discourse-cdn.com/v4/letter/e/cdc98d/32.png) [@eenerms](https://boards.straightdope.com/u/eenerms)\ **Post date:** [October 29, 2020, 1:46pm UTC](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205/7 "2020-10-29T13:46:20Z")
Well, I’m not going to be all doom and gloom. It’s all rainbows and unicorns here! ---
**Author:** ![PlaceboTarget](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/placebotarget/32/1073_2.png) [@PlaceboTarget](https://boards.straightdope.com/u/PlaceboTarget)\ **Post date:** [October 29, 2020, 1:48pm UTC](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205/8 "2020-10-29T13:48:18Z")
> [@eenerms](#): > > It’s all rainbows and unicorns here! Here too. And I live in Bucharest, Romania. 🙂 ---
**Author:** ![running\_coach](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/running_coach/32/15836_2.png) [@running\_coach](https://boards.straightdope.com/u/running_coach)\ **Post date:** [October 29, 2020, 1:52pm UTC](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205/9 "2020-10-29T13:52:38Z")
> [@eenerms](#): > > Well, I’m not going to be all doom and gloom. It’s all rainbows and unicorns here! Shot down again, eh? ---
**Author:** ![k9bfriender](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/k9bfriender/32/3283_2.png) [@k9bfriender](https://boards.straightdope.com/u/k9bfriender)\ **Post date:** [October 29, 2020, 2:04pm UTC](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205/10 "2020-10-29T14:04:16Z")
It _is_ good news that the economy has managed to recover as much as it has, in spite of all the issues that are facing it and all of us. Hopefully, making up for the losses that we are still seeing will not take too long, and we can continue the growth in our economy that had been, starting in late 2009 and up until this year, [the longest uninterrupted growth in the history of our country.](https://www.cnbc.com/2019/07/02/this-is-now-the-longest-us-economic-expansion-in-history.html#:~:text=The%20U.S.%20is%20officially%20in,far%20slower%20than%20previous%20expansions.) ---
**Author:** ![Si\_Amigo](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/si_amigo/32/2877_2.png) [@Si\_Amigo](https://boards.straightdope.com/u/Si_Amigo)\ **Post date:** [October 29, 2020, 2:18pm UTC](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205/11 "2020-10-29T14:18:04Z")
If only I could recall who laid the groundwork for that unprecedented growth cycle. Who was it that took a wreaked economy and saved us from another great depression? If only I could vote for those people to allow them the chance to save us again. Someone who could actually make America great again instead of just talking about it. The name is on the tip of my tongue, any help people? ---
**Author:** ![running\_coach](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/running_coach/32/15836_2.png) [@running\_coach](https://boards.straightdope.com/u/running_coach)\ **Post date:** [October 29, 2020, 2:24pm UTC](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205/12 "2020-10-29T14:24:59Z")
> [@Si\_Amigo](#): > > The name is on the tip of my tongue, any help people? - I’m just Biden my time here until after the election. ---
**Author:** ![leahcim](https://avatars.discourse-cdn.com/v4/letter/l/b4bc9f/32.png) [@leahcim](https://boards.straightdope.com/u/leahcim)\ **Post date:** [October 29, 2020, 2:41pm UTC](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205/13 "2020-10-29T14:41:54Z")
> [@eenerms](#): > > Never underestimate the value of the American spirit! Sounds like it’s about [$179.99/carton](https://www.mercato.com/item/american-spirit-balanced-taste-celadon-kings-box/783403?featuredStoreId=1747). ---
**Author:** ![QuickSilver](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/quicksilver/32/7832_2.png) [@QuickSilver](https://boards.straightdope.com/u/QuickSilver)\ **Post date:** [October 29, 2020, 4:37pm UTC](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205/14 "2020-10-29T16:37:59Z")
> [@eenerms](#): > > Well, I’m not going to be all doom and gloom. It’s all rainbows and unicorns here! Here, let me get a hit of whatever’s in that bong. ---
**Author:** ![k9bfriender](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/k9bfriender/32/3283_2.png) [@k9bfriender](https://boards.straightdope.com/u/k9bfriender)\ **Post date:** [October 29, 2020, 4:44pm UTC](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205/15 "2020-10-29T16:44:42Z")
Looks like poison ivy and foxglove. ---
**Author:** ![Czarcasm](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/czarcasm/32/4050_2.png) [@Czarcasm](https://boards.straightdope.com/u/Czarcasm)\ **Post date:** [October 29, 2020, 4:48pm UTC](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205/16 "2020-10-29T16:48:23Z")
I guess the good news that Trump and his Trumpettes are on the way out has given business something to look forward to. ---
**Author:** ![k9bfriender](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/k9bfriender/32/3283_2.png) [@k9bfriender](https://boards.straightdope.com/u/k9bfriender)\ **Post date:** [October 29, 2020, 4:59pm UTC](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205/17 "2020-10-29T16:59:23Z")
It’s a mixed bag. There should be a better economic environment for businesses to grow and thrive. However, it will be harder for businesses to abuse and exploit their employees. We may see some level of contraction in the stock market as shareholders get less profit taking. But the part of the economy that matters, IMHO, being consumers having money to spend, should improve. ---
**Author:** ![Telemark](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/telemark/32/372_2.png) [@Telemark](https://boards.straightdope.com/u/Telemark)\ **Post date:** [October 29, 2020, 5:17pm UTC](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205/18 "2020-10-29T17:17:07Z")
[![](https://cdn.vox-cdn.com/uploads/chorus_image/image/49493993/this-is-fine.0.jpg) ](https://cdn.vox-cdn.com/uploads/chorus_image/image/49493993/this-is-fine.0.jpg) > [@eenerms](#): > > Well, I’m not going to be all doom and gloom. It’s all rainbows and unicorns here! ---
**Author:** ![Lobohan](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/lobohan/32/79_2.png) [@Lobohan](https://boards.straightdope.com/u/Lobohan)\ **Post date:** [October 29, 2020, 5:23pm UTC](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205/19 "2020-10-29T17:23:24Z")
> [@QuickSilver](#): > > > [@eenerms](#): > > > > Well, I’m not going to be all doom and gloom. It’s all rainbows and unicorns here! > > Here, let me get a hit of whatever’s in that bong. Given their level of mask usage, might want to be wary about sharing a bong with a MAGA dude. ---
**Author:** ![PlaceboTarget](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/placebotarget/32/1073_2.png) [@PlaceboTarget](https://boards.straightdope.com/u/PlaceboTarget)\ **Post date:** [October 29, 2020, 5:38pm UTC](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205/20 "2020-10-29T17:38:19Z")
If it were a cockroach, it would have sex. [Next page](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205.md?page=2)