Political Memes and Funny Pictures
Quote of the Day
Message of the Day
Will This Column Be Banned? – Larry O’Connor
Another Fauci Video to Be Scrubbed from the Web: Fauci Boasts About the Need of ‘Creative’ Gain-of-Function to Make ‘Organisms’
More Fun with Math
In a recent blog I mentioned how the media manipulates numbers by using a smaller base for stats, as they have for Covid percentage increases. The same technique was used to give Obama credit for economic “growth” after the Housing Crisis, and the same technique will be used to give Biden credit for economic “growth” after Covid. To illustrate, assume a GDP of $10 trillion in Year 1. A recession in Year 2 drops the GDP to $8 trillion. In Year 3, the economy recovers to $9 trillion. This is listed as a 12.5% “growth” in Year 3 ($1 Trillion/$8 Trillion) because you’re starting with a smaller base number ($8 Trillion), yet on the whole, the economy still hasn’t actually recovered to where it was in Year 1. Because of Covid, forced lockdowns of businesses across the U.S. led to a huge decrease in GDP and jobs. So now just by allowing businesses to re-open, we have “growth.” Joe Biden – our job-creating hero! 🙄
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