Eric Trump Gets Taken To School Over Economic Growth Boast
Eric Trump earned derision on Twitter Thursday for an out of context boast about the growth of the U.S. economy.
President Donald Trump’s son bragged about the 33.1% annual rate rise in the third quarter with this post:
Third Quarter GDP grew by 33.1%!
— Eric Trump (@EricTrump) October 29, 2020
Twitter users filled in the gaps.
Critics highlighted how the recovery from the economic crash caused by the coronavirus pandemic is far from complete — with the unemployment rate still at 7.9% ― and noted that the economy now appears to be weakening again as a third wave of the crisis sweeps across the country.
Yes it did BUT it lost 30% the quarter before. Looks like a 0% gain over two quarters. Booming economy
— Stephen Smith (@stphnsmth777) October 29, 2020
It's not really growth. We are still far from catching up
— LauraHubka USN. healthcare prof. #Resist (@LauraHubka) October 29, 2020
Second quarter contracted 33%
Net gain one tenth of one percent#EnoughIsEnoughhttps://t.co/83GqAFK2LA— Randi Rhodes (@RandiRhodes) October 30, 2020
Best con ever!!! A thief returns $50 of the $100 he stole and says you made a 50% profit! Sell this BS somewhere else
— Fire the Liar (@JayashreeNara14) October 29, 2020
And so where does that put us overall since Jan ‘17? Go ahead. We’ll wait.
— Rob Sand (@RobSandIA) October 29, 2020
Not so hard to do when it drops 40% Eric...
— USED TO BE G.O.P. (@Used_To_Be_GOP) October 29, 2020
Yes, but that does not help the folks still out of work, those small businesses are not suddenly re-opened. The virus is still out of control, the Senate went home doing nothing to help the people who need it, this is just regaining a small part of what we have lost. Vote Joe
— BOO Sue Voted BlackLivesMatter VOTE (@SueBanski) October 29, 2020
Hey Eric, if you lose $100Million but then gain back $50Million, are you UP by $50Million, or DOWN by $50Million?
— Vote Blue 2020! Keep fighting. (@speerwerfer) October 29, 2020
