Skip to comments.Trump and GOP promised economic growth much better than Obamaís. Thatís not what happened
Posted on 02/28/2019 8:37:38 AM PST by mikelets456
Throughout the 2016 campaign and since, the president and his party have vowed to kick-start tepid Obama-era economic growth. New government data show that Trump, too, has failed to reach the 3 percent promised land, according to one major metric. The Commerce Departments Bureau of Economic Analysis measured 2018 growth at 2.9 percent, matching the peak Obama enjoyed in 2015. For the rest of the presidents term, economic forecasters agree, that number will decline.
(Excerpt) Read more at cnbc.com ...
Bama’s 2.9 was the result of some accounting sleight of hand.
LOL. That’s the best the kenyan did. They are just finishing up a new 7.5 mile road in my neighborhood of NE FL. Going to put 10,000 new homes/townhouse/apartments in that one neighborhood alone. No thanks to Barack Hussein Okenyan.
Obama also told us 19% unemployment and 1% growth were the new normal.
” economic forecasters agree “
You mean the editorial board of the New York Times?
Everything going on now is diversion from this one truth: Trumponomics works like gangbutsters.
Rat party don’t want anyone to notice.
Look at the drudge headline on this when in fact the GDP was higher than expected for the quarter. Trump surpassed expectations.
This is the typical article where they decide what they want to write then select facts to support that premise.
He’s cherry picking the stats, going with the low quarter figures and ignoring those quarters that were close to 4% (Q2, 2018 = 4.2%).
failed to reach the 3 percent promised land, according to one major metric.
What metric is that? The commiedem wishful thinking metric?
The Media are Domestic Enemies of the Republic.
The article is BS..
.Presidents and Economic Growth
Annualized real GDP growth from first quarter in office to last quarter
Trump wanted 3 plus but he missed it because of the stock market pull back
List of all since IKE
Don’t believe your lying paycheck... just listen to us, your betters.
and that’s good for an halfrican state!
Any "growth" during the 0bama regime was due to expansion of government, not the real economy.
No because Obama’s leftover Q1 dragged the rest of the year down.
Look at the interest rate hikes that Obama never saw.
Obama’s GDP probably consisted of more government consumption and spending, Trump’s most likely more private. I haven’t looked at the numbers, so I’m speculating. But when Obama spouted improving employment and growth numbers most of it was government employees a d healthcare costs.
Exactly. Government spending on healthcare, etc.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.