Posted on 07/27/2018 5:34:19 AM PDT by GonzoII
after today, that will be the ‘goal’ for Dems....................
Praise the Lord. 4% is terrific. I pray that this strength will continue for years to come.
Obama’s last quarter was a miserly 1.8% GDP growth in December 2016. The 2015 December quarter under Obama had an even more miserable 0,5 % GDP growth. . Trump’s lowest GDP growth was the March 2016 growth of 1.2 %. Not surprisingly, that is the one GDP growth that was due almost entirely to Obama.
Mueller, Pelosi and Schmuckie are trying to stop this.
They are ALL on the DNC Journo-list..................
The “Great” economist and “brilliant” businessman, Levin, needs to keep his yap shut.
Especially about things he has NO expertise in.
Who does he think he is? Joe Scarborough?
Mark Levin is untrustworthy. Ignore whatever he says. He’s still a never Trumper at heart.
Anyone have a link to the history of quarterly GDP revisions?
My memory says that for years Obola's GDP was revised downward every quarter, while President Trump's quarterly GDP numbers have always been revised up.
Almost like someone at the Fed doesn't want MY President to succeed.
This will be revised up to about 4.5%.
The tariff war will slow the imbalance of trade and keep the GDP growing.
To distract from the positive news expect Mueller leaks or indictments at about 4 pm today.
I don’t believe the 3rdQ GDP rate of 2014 is correct. Original estimate was 3.9 upped to 5.0 but all the sources I know say that the real GDP was 3.5.
hmmm, those not working vs. those that are tends to create a divide in equity! For those that have earned equity, good for them. The left just wants to destroy a system where everyone has the opportunity to gain wealth.
The fact is that “the poor” can’t get poorer if they already have nothing. Are there more of them? The unemployment rate suggests otherwise.
Maybe it’s CA policies that attract the homeless (aka addicts) so these liberals believe a problem is getting worse - which it is, but only for them.
“somehow, Obama’s supposed to get the credit for it.”
Obama put in place the very policies that Trump could use to produce this growth (by reversing them).
It would be much easier if he had support by the politicians of the country. Instead they are unilaterally lifting tariffs off China
But, but, but the commie Hussein 0bama told me that 2% was the tops, and THAT was the 'new normal', so get used to it. < /sarc >
“And who will be the first pundit to say this was a result of the policies Obama had started?”
I’ll say it. I think Obama’s wrong headed policies gave the US economy an unusual chance for growth. After years of rational business decisions to avoid investment and hiring, the preexisting marginal business opportunities are both untapped and less marginal.
MAGA, wonder how the Demoncrats will try to Poo-Poo this
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They’ll ignore it and only ask about Russians.
FNC already wildly spinning that this was “expected” and noting that the stock market isn’t reacting.
Great point. You put it so succinctly and I’m going to use your words every time I talk to an idiot liberal about the economy.
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