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Why Friday’s G.D.P. Number May Be a Size Too Big (major puke alert)
New York Slimes ^ | 7/26/2018 | Ben Casselman

Posted on 07/27/2018 2:58:39 PM PDT by Beave Meister

Prepare to be excited about a blockbuster economic report on Friday morning — but not too excited.

Preliminary data from the Commerce Department is expected to show that United States gross domestic product grew at an annual rate of more than 4 percent in April through June. Some economists think growth may have topped 5 percent — a figure reached only once in the eight years of the Obama administration as the economy recovered from the recession.

While he said he didn’t know the actual number, President Trump didn’t wait to herald the rosy news. At an event in Iowa on Thursday, he said he was expecting a very strong result, noting predictions that ran to 5 percent or higher. “It could be very close,” he said. “Could even happen.”

“We’ll take anything with a four in front,” he added.

Even a number starting with a four, though, will almost certainly be misleading. Several one-time factors — including a surge in exports tied, at least in part, to Mr. Trump’s trade policies — probably combined to pump up growth in the second quarter. Those effects won’t last, and economists expect growth to slow in the second half of the year. Pretty much no one outside the White House thinks a growth rate of 4 percent is sustainable in the long term.

(Excerpt) Read more at nytimes.com ...


TOPICS: Chit/Chat
KEYWORDS: djt; doanldtrump; fakenews; gdp; gop; liberallosers; mediabias; nyt; trump; trumpwinsagain; winning
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Under Trump, the GDP is higher than the unemployment rate: GDP: 4.1% UR:4.0%

But the liberal media won't have any of this. They will always find a way to hate Trump and hate good news for America. MAGA

1 posted on 07/27/2018 2:58:39 PM PDT by Beave Meister
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To: Beave Meister

Haters will be haters......


2 posted on 07/27/2018 2:59:12 PM PDT by cranked
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To: Beave Meister

Ben Casselman suckles at the anal orifice of Zero, the Brown Clown.


3 posted on 07/27/2018 3:00:37 PM PDT by kiryandil (Never pick a fight with an angry beehive)
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To: Beave Meister

Sour grapes sore losers.


4 posted on 07/27/2018 3:02:19 PM PDT by BenLurkin (The above is not a statement of fact. It is either satire or opinion. Or both.)
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To: Beave Meister

I heard this same “sour grapes” analysis on the radio today in the run-up to Trump’s announcement. It is obviously the party line.


5 posted on 07/27/2018 3:02:37 PM PDT by madprof98
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To: Beave Meister

“Some economists think growth may have topped 5 percent — a figure reached only once in the eight years of the Obama administration as the economy recovered from the recession.”

I didn’t think we ever bumped 2% with Barry in charge.


6 posted on 07/27/2018 3:02:43 PM PDT by bk1000 (I stand with Trump)
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To: Beave Meister
Casselman worked for FiveThirtyEight during the 2016 erection, and he was still bitter-clinging to the nipple of Felonia von Pantsuit at 9:00 pm EST

https://twitter.com/bencasselman/status/796168623643627521

You can safely say that little Bennie works for the DNC.

7 posted on 07/27/2018 3:06:46 PM PDT by kiryandil (Never pick a fight with an angry beehive)
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To: Beave Meister

It may be possible. I don’t think they factored in Trump’s magic wand.


8 posted on 07/27/2018 3:07:40 PM PDT by Raycpa
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To: bk1000

That is correct, we never came close to 2 1/2% under Barry. I think Ben just made that one up. And if you call him on it he’ll just say, “Oh that was a typo.”


9 posted on 07/27/2018 3:07:57 PM PDT by Beave Meister (Leave the gun. Take the cannoli....)
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To: Beave Meister

The Slimes and the rest of the Deep State are like the popular girl in high school who gets beat out for homecoming queen, and rather than accept defeat gracefully, is all hellbent to make everyone in school hate that other girl by sliming her with outlandish lies in effort to destroy her at any cost. Maybe not the best analogy, but isn’t that what we’re seeing playing out before us? The MSM, Democrats and NeverTrumpers are nothing but crybaby drama queens who want the throne but can’t get it!


10 posted on 07/27/2018 3:08:08 PM PDT by dowcaet
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To: BenLurkin
Check this out for a laff at little ben:

https://twitter.com/bencasselman/status/796168623643627521

He was still hoping at 9pm on November 8th, 2016 that the crippled felon was going to be able to pull it out...

11 posted on 07/27/2018 3:09:55 PM PDT by kiryandil (Never pick a fight with an angry beehive)
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To: Beave Meister

Of course not. Trump “The Idiot” makes all of media and the left to be fools and they know it.


12 posted on 07/27/2018 3:13:04 PM PDT by eyedigress ((Old storm chaser from the west))
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To: eyedigress

3 Dec 2016: Weekly Standard: Media: If Trump’s Economy Is Good, Thank Obama
by Eric Felten
The Trump win was supposed to sink the economy. Instead, things—at least so far—seem to be looking up. And so a new media narrative has just been launched: If Donald Trump succeeds, it will be because President Barack Obama gave him such a great push. How else to explain the near simultaneous publication of two articles on Friday, one in Politico, the other at FiveThirtyEight...

The second, over at FiveThirtyEight, come from Ben Casselman and is headlined, “Trump Will Benefit From Obama’s Strong Job Market.” To Casselman’s credit (or that of his editor), the subhead is a bit more measured: “Donald Trump will inherit a job market that is strong but perhaps not quite firing on all cylinders.”...
So, just remember, if the economy surges in the coming year, it’s the Obama Boom. Should, however, growth and employment collapse, the poor will be living in Trumpville, natch.
https://www.weeklystandard.com/eric-felten/media-if-trumps-economy-is-good-thank-obama


13 posted on 07/27/2018 3:15:14 PM PDT by MAGAthon
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To: Beave Meister

Yes, we did. We’ve had lots of .gov spending under Obama. Trump is trying that and throwing in tax cuts. Getting rid of regulations helps as well.


14 posted on 07/27/2018 3:15:30 PM PDT by Theoria (I should never have surrendered. I should have fought until I was the last man alive)
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To: bk1000
I didn’t think we ever bumped 2% with Barry in charge.

They have "numbers" from 2014 that say we hit 5%, but I guarantee you the economy was not robust in any way.

15 posted on 07/27/2018 3:17:37 PM PDT by CatOwner
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To: Beave Meister

The numbers are wrong, the numbers are wrong, said Chicken Little.

Obama’s numbers were always adjusted after the fact and not in a good way.

Jobless claims would come out and then they would be adjusted up.

The funny thing is no matter how bad the numbers were, he never changed his policies. Weird, huh?

Obama was the frontrunner on F’ the People


16 posted on 07/27/2018 3:18:09 PM PDT by joshua c (To disrupt the system, we must disrupt our lives. Do nothing, they win and we lose.)
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To: MAGAthon

It is scary to read that crap.

The left will believe it as they have nothing else.
They refuse to believe they are the stupid ones, that cannot be!

Trump is mocking 30 years of BS from DC.


17 posted on 07/27/2018 3:19:29 PM PDT by eyedigress ((Old storm chaser from the west))
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To: Beave Meister
Using the "Trumplov's Retweets [modeled on Pavlov's Dogs]" method, Trump has got all the retarded Lefties on Twitter salivating and retweeting when they heard the Trump Tweet bell ring ("The United Sates"):

 ROFL face ROFL face face with tears of joy face with tears of joy face with tears of joy

They think they're mocking him - but all of them are retweeting the good economic news...

18 posted on 07/27/2018 3:20:58 PM PDT by kiryandil (Never pick a fight with an angry beehive)
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To: cranked; BenLurkin; madprof98; bk1000; Raycpa; dowcaet; eyedigress; MAGAthon; Theoria; CatOwner; ...
Using the "Trumplov's Retweets [modeled on Pavlov's Dogs]" method, Trump has got all the retarded Lefties on Twitter salivating and retweeting when they heard the Trump Tweet bell ring ("The United Sates"):

 ROFL face ROFL face face with tears of joy face with tears of joy face with tears of joy

They think they're mocking him - but all of them are retweeting the good economic news...

19 posted on 07/27/2018 3:23:09 PM PDT by kiryandil (Never pick a fight with an angry beehive)
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To: Theoria
Yes, we did. We’ve had lots of .gov spending under Obama. Trump is trying that and throwing in tax cuts. Getting rid of regulations helps as well.

Government spending produces nothing useful.

50,000 new bureaucrats surfing the net produce negative GNP.

20 posted on 07/27/2018 3:33:21 PM PDT by publius911 (Rule by Fiat-Obama's a Phone and a Pen)
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