![\"\"](\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/2017\/11\/RushCombat-Drive-Bys.jpg\")
<\/p>\nRUSH: There is also dramatically misleading economic news out there today. How many of you believe that the U.S. gross domestic product plunged 32.9% last quarter? (interruption) You read that? (interruption) You read that the U.S. GDP plunged 32.9% in the last quarter? (interruption) Well, except that\u2019s not true; 32.9% is the “annualized” number.<\/p>\n
<\/p>\n
If the economy performed that way for 12 consecutive months, that\u2019s what the plunge would be. It is a purposeful misleading of the data. NBC is a great example. They bury the truth in a paragraph way down: “32.9% annualized.” Now, how many people in NBC\u2019s audience understand the impact of that word? It didn\u2019t drop that much in one quarter. Don\u2019t misunderstand. It\u2019s not great, but it didn\u2019t plunge 32.9% in one quarter.<\/p>\n
This is a purposeful misrepresentation to make it as bad as possible. It\u2019s the same thing they\u2019re doing with COVID-19 cases that they\u2019re announcing. They want you to consider every case is an ultimate death, which is why the average American thinks that there have been 30 million COVID deaths in America so far when the number is 150,000 plus.<\/p>\n
BREAK TRANSCRIPT<\/p>\n
RUSH: Do you want to hear the joy in the voices of the Drive-By Media on CNN as they announce this record-breaking, devastating GDP? They\u2019re happy about it! They\u2019re happy about it, \u2019cause they think it\u2019s another nail in the coffin of the Trumpster.<\/p>\n
![\"\"](\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/2020\/07\/APP-Fake-News-Growth.jpg\")
<\/p>\n
ANNOUNCER: (dramatic music\/sound effects) This is CNN Breaking News!<\/p>\n
BERMAN: All right, we do have major breaking news! An historic and record-breaking plunge in the U.S. economy in the second quarter, all from the pandemic! CNN correspondent and anchor Julia Chatterley joins us now with the breaking numbers — 32.9%, Julia!<\/p>\n
RUSH: Wow.<\/p>\n
BERMAN: …32.9% contraction!<\/p>\n
RUSH: Wow.<\/p>\n
BERMAN: That is by far —<\/p>\n
RUSH: Oh.<\/p>\n
BERMAN: — the largest on record!<\/p>\n
RUSH: Oh.<\/p>\n
CHATTERLEY: (breathlessly) Record-breaking and devastating!<\/p>\n
RUSH: “Oh, be still my beating heart! Be still my pulsating groin! Oh, my goodness, 32.9%!” Except it wasn\u2019t 32.9% in one quarter. That is an annualized number. It\u2019s purposely being distorted — and again, I\u2019m telling you, it\u2019s not good. Don\u2019t misunderstand me. But they\u2019re lying to you and they\u2019re happy about it. Proving once again: Whatever\u2019s good for America is bad for the Democrats. Whatever\u2019s bad for Democrats is good for America.<\/p>\n
Speaking of happiness, did you see how happy the Drive-Bys were when they learned that Louie Gohmert had tested positive? They were overjoyed that Louie got it, \u2019cause Louie wasn\u2019t wearing a mask. Oh, that\u2019s all kinds of good for them — and then they said that Louie showed up at the Judiciary Committee hearing knowing that he had testified positive. It\u2019s an outright lie. Louie wasn\u2019t tested positive \u2019til after those hearings when he went to the White House.<\/p>\n","protected":false},"excerpt":{"rendered":"
RUSH: It wasn't 32.9% in one quarter. That is an annualized number. It's purposely being distorted… It's not good. Don't misunderstand me. But they're lying to you and they're happy about it.<\/p>\n","protected":false},"author":49,"featured_media":358057,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[12,1],"tags":[],"yoast_head":"\n