brenthutch

Don’t forget about the part where the cop was shot first.

Mowed down Breonna Taylor style. Her white privilege card obviously expired.

Production was concurrent with testing, thanks to Operation Warp Speed. Normally a pharmaceutical would not risk producing a vaccine until it was well proved. But the government paid for the vaccines ahead of time for that very reason. That is why millions of doses were on hand as soon at it was approved.

Production was concurrent with testing, thanks to Operation Warp Speed. Normally a pharmaceutical would not risk producing a vaccine until it was well proved. But the government paid for the vaccines ahead of time for that very reason. That is why millions of doses were on hand as soon at it was approved.

Production was concurrent with testing, thanks to Operation Warp Speed. Normally a pharmaceutical would not risk producing a vaccine until it was well proved. But the government paid for the vaccines ahead of time for that very reason. That is why millions of doses were on hand as soon at it was approved. BTW both the Pfizer and Moderna used messenger RNA for their vaccines. (This was the first time this technology was used in a vaccine, and it was unproven)

That is not good, but GDP and the jobs number do not necessarily correlate (though they often do). If GDP is positive in Q4 and continues into 2021, the date of the recovery will be in the summer of 2020. But I digress https://setpublisher.com/downloads/jbasv16a13/ “Abstract: In 2013, and following from 1990, the Intergovernmental Panel on Climate Change (IPCC) issued Climate Change 2013:The Physical Science Basis (AR5) claiming the concentration of CO2, air temperature, and water vapor go up and down together; the air can hold more water vapor and the increased warming by water vapor adds to the warming by CO2. Pictorially: CO2↑, T↑, WV↑. Although no scientific evidence is offered, this concept has become widely accepted because of the fear that CO2 might increase the Earth’s temperature to dangerous levels. In developing research to evaluate the IPCC claims, it is noted that the temperature at the Equator is always higher than that in the Arctic and Antarctic. The Gas Law of Charles/Gay-Lussac states that at constant pressure the volume of a gas is inversely proportional to the absolute temperature. Thus by applying this law, the CO2 concentration is always higher at the Poles than at the Equator. Thus, when moving from the Poles to the Equator, temperature goes up, CO2 goes down and water vapor goes up. Pictorially: T↑, WV↑, CO2↓. The warming effects of CO2and water vapor do not add; they oppose each other. This is a robust conclusion based on hard numbers. It is opposite to the claim by the IPCC and proves there are errors in the assumptions.”

I guess we will just have to wait a few more days to see which one of us is right

Getting ready for bed and reflecting on the past 16 years. Thinking about the sycophantic hero worship on both the left and the right and suddenly in a flash of insight I realized...... Orange is the new black

Just what does that have to do with the Atlanta fed’s projection of Q4 growth. I said “Atlanta Federal Reserve projects Q4 growth of 8.9%”. SkyDekker said “no they didn’t”. I showed that that is exactly what they said and linked to their website showing as much. Maybe you should contact the Atlanta Federal Reserve and let them know that they are clueless. Or perhaps it is you who is in need of a clue?

Real gross domestic product (GDP) increased at an annual rate of 33.1 percent in the third quarter of 2020 (table 1), according to the "second" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP decreased 31.4 percent. You seem to have the same difficulty with math as Kallend does, so let me explain, third quarter GDP grew at 33.1% second quarter GDP decreased by 31.4%. When netted against each other it comes out to + 1.7%. In other words third quarter growth more than made up for second quarter contraction. https://www.bea.gov/news/2020/gross-domestic-product-3rd-quarter-2020-second-estimate-corporate-profits-3rd-quarter

https://www.frbatlanta.org/cqer/research/gdpnow “The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2020 is 8.9 percent on January 5, up from 8.6 percent on January 4” Don’t you ever get tired of being wrong?

Atlanta fed projects 8.9% in the fourth quarter so even if they are off by half GDP growth in 2020 will still be positive. No Recession and unemployment rate STILL lower than the average during the Obama years. BTW arguing trucks vs SUVs, “technical” recessions and equivocating on the reason for the reduction in CO2 is a bit like counting the number of angels dancing on a pin.

Kallend made the argument that the reason US CO2 emissions are at the same level as they were in 1993 was because of the massive Trump recession, I say it is because of fracking and the switch from coal to natural gas. It would seem you agree with Kallend.

“Went into” past tense. With a growth rate of 33% in the third quarter and a projected growth rate of 9% in the fourth quarter and an unemployment rate lower than that of most of the Obama administration, it is hard to argue that we are still in recession. (But don’t let that stop you) BTW it is worth noting that Kallend claimed the reduction in CO2 was a result of the massive depression we are in and not due to the fracking revolution and natural gas.

No, Kallend said “That's because under Trump the economy has gone into the worst recession in 90 years.” I just pointed out that the US is not in a recession, certainly not the worst in 90 years and the unemployment rate at the end of Trump’s term is lower that the unemployment rate at the end of Obama’s first term.

Yes the recession began in February, the recovery began last summer, when the books are closed on 2020, the US economy will have grown. An economy that is growing is, by definition, NOT in recession. Depending on CNN for your economics education explains your failure to grasp this basic principle. (Though something tells me that a lightbulb will go off in your head on January 20 and you will say the economy has never been better)

As Paul Harvey used to say....the rest of the story. Even with the Black Swan event of the COVID pandemic, the US economy will have grown in 2020.

In the same way they decided a recession has begun. They will back date it to the rebound in GDP. With a 33% growth in the third quarter and 9% in the fourth, it will be hard to argue the recession didn’t end last summer, especially if the economy continues to grow. Given that vaccines are now here and there is around a trillion dollars of pent up demand sitting in Americans’ checking accounts there is no reason to think it won’t.

At least I have a grasp of math. 9.0% > 2.2% and 6.7% < 7.7%

Hi Jerry, It looks like was wrong, SUVs and pickup trucks are considered “Light Trucks” here in the US. Brent Hutchings

“In some countries — such as the United States — SUVs have been classified as "light trucks"” https://en.wikipedia.org/wiki/Sport_utility_vehicle

Actually the facts and my FEELINGS line up quite nicely. “For its entire production life, the Ford Expedition has been derived from the corresponding generation of the Ford F-150 in production”

9% GDP growth in the fourth quarter, 6.7% unemployment rate (it was 2.2% and 7.7% respectively after Obama’s first term.) I don’t think you know what a recession is.

A SUV is nothing more than a pickup truck with a large cabin.