Posted on 07/29/2016 6:15:51 AM PDT by Red in Blue PA
Please see my #15. The prediction was 2.6, not 2.
Eliminate the capital gains tax, promise ZERO taxes in Baltimore, Detroit, even Ferguson and St. Louis. We’ll be all fixed up inside of 5 years.
But it won’t work.
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Just like Recovery Summer didn’t work.
Obama Care premiums are being counted as economic activity, not a tax, in these figures.
It is a tax, not consumer spending, just like the Social Security deductions from your paycheck is a tax.
Bingo, We have a Winner.
our current Budget Deficit is about 8%, if you subtract the funny money injected in to the Economy, you will see we have been going steadily down hill for over 30 years.
I think Economists are in the Tank just like Wall Street analysts. Economists publish a much rosier picture on GDP projections. They don't come home, Yellen doesn't raise rates, Wall Street celebrates and and the over inflated Stock Market keeps going up. The rich get richer, they are in on the scam.
Stock Market analysts lowball quarterly results estimates. Apple, Alphabet, Amazon, Facebook come out with blow out numbers versus estimate, Stocks go up 10% the next day. Rich get richer, Oligarchs like Bezos and lil Man boy over at Facebook net worth is up billions in an hour. We have a phony and IMO dangerous economy that could lead to civil unrest not seen before.
If you remove gun and ammo sales, what is the rate? Guns and ammo are about the only two sectors showing growth.
You are correct; I took the 2% from the article.
But according to Obama, it is the greatest economy in 40 years. Just ask him.
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If Clinton wins, they will continue to manipulate the numbers to make things look better than they are.
If Trump wins, they will broadcast how bad the economy is, all of the sudden, just because he won. They will show it going south by the end of the first quarter.
Hillary can do better.
She can hit at least 0.8%....................NEGATIVE.....................
Watch, I guarantee before its over they will try to blame Trump, saying his "dark" campaign rhetoric is bringing down consumer confidence and reducing economic growth....
I am a small business owner. The last 3 quarters have been terrible. I was expecting a positive direction but got the reverse. July is poor and my crystal ball for the remainder of the year is bad. I have a small profit to show but this may disappear. If that happens my family will be living on borrowings. My business plan includes spending reductions including layoffs.
It was the weather that caused it. Yeah. The weather. And hooligans. And capitalist wreckers. And saboteurs. And...
No doubt. Very safe bet.
Unlike the NYT I try to fact check what I write. :)
Dishonesty has become the norm in our society. I believe part of Trump’s appeal is that he seems to say things in an unfiltered way. He’s a refreshing change from the daily barrage of slick prevarication and pernicious propaganda we are subjected to.
If Trump wins, they will broadcast how bad the economy is
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The complicit media will immediately start looking for and highlighting people who are not doing well financially. There will be a steady and relentless barrage of this kind of propaganda to try to take down Trump. Conversely, any good economic progress will be ignored or twisted as evidence of failure of his policies. All of a sudden the our massive debt will become a crisis that is all his fault.
“Last quarter revised DOWN to .8%”
I thought 2 quarters in a row of below 2% growth is called a recession.
Only during Republican administrations.
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