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Trump and GOP promised economic growth much better than Obama’s. That’s not what happened
CNBC ^
| 2/28/2019
| CNBC
Posted on 02/28/2019 8:37:38 AM PST by mikelets456
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To: Hojczyk
Correction: This story was revised to correct a summary that should have said the Bureau of Economic Analysis measured 2018 growth at 2.9 percent, matching the peak Obama enjoyed in 2015. It also was updated to reflect other measures of GDP growth. I looked at the article again, but this time noticed the note at the bottom saying the numbers are wrong. Also peak the Obama "enjoyed" followed a quarter of negative economic growth. Going from negative to positive economic growth overstates the growth in the following quarter and distorts that annual average. Still, the article appears to me to be unchanged, as does the headline, even thought they know the main premise is wrong. To me, it's still a blatant case of fake news.
41
posted on
02/28/2019 1:50:58 PM PST
by
econjack
To: mikelets456
that’s funny. Another article said the 2.9 was only in the last three months of 2018. This article says all of 2018. I think this article lies.
42
posted on
02/28/2019 1:52:50 PM PST
by
blueplum
( "...this moment is your moment: it belongs to you... " President Donald J. Trump, Jan 20, 2017)
To: mikelets456
Yes, it did - in the real world inhabited by non-leftist non-journalists - except for the sabotage by the Fed.
43
posted on
02/28/2019 5:31:48 PM PST
by
YogicCowboy
("I am not entirely on anyone's side, because no one is entirely on mine." - J. R. R. Tolkien)
To: mikelets456
Hassett explained on Varney’s show today that the growth was 2.9% 4th quarter over 4th quarter, but 3.0%—or was it 3.1%?—on a year over year basis.
And that he media of course were choosing to run with the lower number.
To: mikelets456
and i'm sure that interest rate hike and accompanying market crash had nothing to do with it...
45
posted on
02/28/2019 7:47:14 PM PST
by
Chode
( WeÂ’re America, Bitch!)
To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; cardinal4; ColdOne; ...
NeverTrumper Shill sez. Gee, better raise taxes! Thanks mikelets456.
46
posted on
02/28/2019 11:22:39 PM PST
by
SunkenCiv
(and btw -- https://www.gofundme.com/for-rotator-cuff-repair-surgery)
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