"Thursday’s GDP report looks like the long-predicted V-shaped
recovery after the second-quarter’s [Democratic party's] lockdown-induced collapse. The
rebound was almost across the board. Personal consumption contributed
25.27 percentage points to growth, with 16.04 from services and 9.24
from goods. Industries most hurt by spring lockdowns bounced back
strongly, including motor vehicles, health care, and even food services
and recreation. (WSJ)"
In the socialist drift toward the totalitarian state, the unthinkable becomes the inevitable,
then it becomes the unquestionable.
Socialism = Totalitarianism. Individuals don't matter in the socialist state.
-- either as free people or as slaves. Unchecked, ever-expanding government power -- destroys lives. Government panacea is a defective idea. | Email our servants: President Representative Senator |
Friday, October 30, 2020
Economy rebounds 33%
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