Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Trump and GOP promised economic growth much better than Obamaís. Thatís not what happened
CNBC ^ | 2/28/2019 | CNBC

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 Department’s Bureau of Economic Analysis measured 2018 growth at 2.9 percent, matching the peak Obama enjoyed in 2015. For the rest of the president’s term, economic forecasters agree, that number will decline.

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


TOPICS: Business/Economy; Chit/Chat; Miscellaneous
KEYWORDS: cnbc; cnbcfakenews; dnctalkingpoint; dnctalkingpoints; economy; fakenews; harwood; incometaxes; johnharwood; lies; lol; medialies; mediawingofthednc; nbcfakenews; nobrainscollectively; obamalegacy; partisanmediashills; presstitutes; smearmachine; taxcutsandjobsact; taxreform; tcja; tds; trump
Navigation: use the links below to view more comments.
first 1-2021-4041-46 next last
I'm sure it will "unexpectedly" be raised at a later date....
1 posted on 02/28/2019 8:37:38 AM PST by mikelets456
[ Post Reply | Private Reply | View Replies]

To: mikelets456

Bama’s 2.9 was the result of some accounting sleight of hand.


2 posted on 02/28/2019 8:40:04 AM PST by GMMC0987
[ Post Reply | Private Reply | To 1 | View Replies]

To: mikelets456

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.


3 posted on 02/28/2019 8:40:11 AM PST by lodi90
[ Post Reply | Private Reply | To 1 | View Replies]

To: mikelets456

Obama also told us 19% unemployment and 1% growth were the new normal.


4 posted on 02/28/2019 8:40:29 AM PST by Blood of Tyrants (Being woke means you can be nasty, hateful and use racist slurs yet feel morally superior.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mikelets456

” 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.


5 posted on 02/28/2019 8:40:47 AM PST by Regulator
[ Post Reply | Private Reply | To 1 | View Replies]

To: mikelets456

Look at the drudge headline on this when in fact the GDP was higher than expected for the quarter. Trump surpassed expectations.


6 posted on 02/28/2019 8:41:20 AM PST by Williams (Stop Tolerating The Intolerant.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mikelets456

This is the typical article where they decide what they want to write then select facts to support that premise.


7 posted on 02/28/2019 8:42:51 AM PST by The_Media_never_lie ("The MSM is the enemy of the American people"...Democrat Pat Caddell)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mikelets456

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%).


8 posted on 02/28/2019 8:43:03 AM PST by econjack
[ Post Reply | Private Reply | To 1 | View Replies]

To: mikelets456

Yeah right.


9 posted on 02/28/2019 8:44:47 AM PST by EdnaMode
[ Post Reply | Private Reply | To 1 | View Replies]

To: mikelets456

failed to reach the 3 percent promised land, according to one major metric.


What metric is that? The commiedem wishful thinking metric?


10 posted on 02/28/2019 8:45:10 AM PST by VTenigma (The Democrat party is the party of the mathematically challenged)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Regulator

The Media are Domestic Enemies of the Republic.


11 posted on 02/28/2019 8:46:20 AM PST by rlmorel (If racial attacks were as common as the Left wants you to think, they wouldn't have to make them up.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: econjack

The article is BS..

.Presidents and Economic Growth
Annualized real GDP growth from first quarter in office to last quarter

Obama 2.1

Trump 2.9

Trump wanted 3 plus but he missed it because of the stock market pull back

https://www.bloomberg.com/opinion/articles/2018-08-01/ranking-presidents-economic-records-by-gdp-growth

List of all since IKE


12 posted on 02/28/2019 8:47:29 AM PST by Hojczyk
[ Post Reply | Private Reply | To 8 | View Replies]

To: mikelets456

Don’t believe your lying paycheck... just listen to us, your betters.


13 posted on 02/28/2019 8:47:35 AM PST by jimmygrace
[ Post Reply | Private Reply | To 1 | View Replies]

To: Blood of Tyrants

and that’s good for an halfrican state!


14 posted on 02/28/2019 8:47:45 AM PST by himno hero (had'nff)
[ Post Reply | Private Reply | To 4 | View Replies]

To: mikelets456
Trump and GOP promised economic growth much better than Obama’s. That’s not what happened

Any "growth" during the 0bama regime was due to expansion of government, not the real economy.

15 posted on 02/28/2019 8:48:56 AM PST by The Sons of Liberty ('DEPLORABLE' Charter Member of The Vast Right Wing Conspiracy - and DAMN Proud of it!.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mikelets456
I wonder if the Fed raising the interest rate last October just before the election, and now saying they are taking a wait and see on future rate moves after the December reaction, had anything to do with it?

-PJ

16 posted on 02/28/2019 8:50:28 AM PST by Political Junkie Too (The 1st Amendment gives the People the right to a free press, not CNN the right to the 1st question.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mikelets456

No because Obama’s leftover Q1 dragged the rest of the year down.


17 posted on 02/28/2019 8:51:14 AM PST by Harpotoo (Being a socialist is a lot easier than having to WORK like the rest of US:-))
[ Post Reply | Private Reply | To 1 | View Replies]

To: Hojczyk

Look at the interest rate hikes that Obama never saw.


18 posted on 02/28/2019 8:51:39 AM PST by ebshumidors
[ Post Reply | Private Reply | To 12 | View Replies]

To: mikelets456

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.


19 posted on 02/28/2019 8:51:49 AM PST by Rusty0604
[ Post Reply | Private Reply | To 1 | View Replies]

To: The Sons of Liberty

Exactly. Government spending on healthcare, etc.


20 posted on 02/28/2019 8:53:46 AM PST by Rusty0604
[ Post Reply | Private Reply | To 15 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-46 next last

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.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson