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U.S. second-quarter GDP accelerates to 4.1% annual rate
Market Watch ^ | July 27, 2018

Posted on 07/27/2018 5:34:19 AM PDT by GonzoII

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To: GonzoII

Obama and Hillary said that 1.9% growth rate was the new normal. Setting such low expectations for the country is difficult to forgive.


61 posted on 07/27/2018 6:48:12 AM PDT by buffaloguy (Bond arms Cowboymsm)
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To: GonzoII

I think it’s time we brought back the term “It’s the economy STUPID!”. There’s no being nice with the left anymore.


62 posted on 07/27/2018 6:49:27 AM PDT by JerseyDvl ("If you're going through hell, keep going.")
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To: GonzoII

Wait for it....Wait for it.... Unexpected!


63 posted on 07/27/2018 6:50:06 AM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: GonzoII

Look like more Americans are doing the jobs Americans won’t do.


64 posted on 07/27/2018 6:50:48 AM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: 1Old Pro

Here in Miami, the CBS owned TV station is not carrying the President’s remarks.


65 posted on 07/27/2018 6:52:20 AM PDT by SoFloFreeper
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To: Freedom_Is_Not_Free

Lots of Freepers were saying that everything Obama was doing to grow government


PBS channel showing a documentary on Franklin D Roosevelt and Eleanor....

Yes he did some good things, but as you watch this it also shows the start of the “ big brother” state, and fluffs the connection with buying the minority vote by projects that were in some cases vastly overspent.

They even through in the Public Works Projects, the origins of the “ shovel ready” ruse that Obama was given a pass on.

Think the MSM would let Trump get by on that one.

Ironic thing is Jeff Imeldt former GE CEO is sitting next to him when he says that. Can guarantee you that a GE leader wouldn’t last long if they bombed a major investment that poorly...


66 posted on 07/27/2018 6:53:27 AM PDT by patriotspride
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To: Pravious

Guess the talking points went out this morning. Booming economy? WHAT booming economy?


I wonder what “sour puss” Neil Cavuto will have to say about this, or his Debbie Downer friend Charlie Gasparino.....


67 posted on 07/27/2018 6:55:18 AM PDT by patriotspride
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To: God luvs America

“inventories will have to be built back up which will help the GDP number next quarter...”

I was hoping that some growth would be accounted for in the next quarter, to pump up the last report before the election.


68 posted on 07/27/2018 6:55:37 AM PDT by BeauBo
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To: The Sons of Liberty

Typical stoner attitude, he couldn’t have cared less how the economy did, in fact probably would have done more to crash it if he could have without being too obvious.


69 posted on 07/27/2018 6:57:10 AM PDT by GnuThere
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To: GonzoII

Obama had four quarters of GDP growth of four percent or greater between 2011 and 2017, with one quarter (3Q14) hitting 5.2%. The difference is that Obama’s GDP growth had wild swings, with the 4% 4Q13 growth being followed by -0.9% growth in 1Q15 for example, while growth under Trump has been pretty stable and consistent.


70 posted on 07/27/2018 6:59:42 AM PDT by DoodleDawg
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To: Sacajaweau

No, he is brave and not afraid to shoot for the stars. It’s great to have a President who thinks that 4.2 could and should be 5% or 6% instead of “leaders” who say, “1.2%-2%” is the new normal and that’s where you should set your expectations. There is a reason why is a billionaire and these other pukes are raping the U.S treasuries for their benefit.


71 posted on 07/27/2018 7:00:30 AM PDT by wiseprince
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To: God luvs America
this is a quarterly number- not annual...

This is the quarterly growth rate multiplied by 4.

72 posted on 07/27/2018 7:01:14 AM PDT by BfloGuy ( Even the opponents of Socialism are dominated by socialist ideas.)
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To: GonzoII

Trump should remind everyone that the 2014 3rd quarter was withheld Obamacare spending dumped into that quarter.... it is a phony.... very phony number!!!


73 posted on 07/27/2018 7:02:00 AM PDT by Lagmeister ( false prophets shall rise, and shall show signs and wonders Mark 13:22)
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To: GonzoII

Jesus, Drudge way to throw ice water on the party
(5% my eye)

Oh, well, still good and getting better —

I’m Looking at YOU, China!!

Bwaa Haa Haa Haa


74 posted on 07/27/2018 7:06:36 AM PDT by CharleysPride (Peace, Freedom and Prosperity. Thank you, President Trump.)
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To: CurlyDave
You can thank Bill Clinton of that habit of data corruption in Government Economic data.

Clinton is the one who changed how the numbers were reported to hide his lackluster economic performance the 1st 2 years of his Presidency.

It just stunning when you look at the Clinton Presidency just how much it corrupted US Politics and US Society. Looking at the damage done to society and the US Government do by his mis-rule, Clinton wins, hands down, the worst President ever award. Bush reported honest numbers and then Obama when right to the Clinton model of shameless lying. It was the Presidency of Bill Clinton that established this "politics of personal destruction" and the utterly shameless habitual lying that dominates the current leadership of the Democrats

75 posted on 07/27/2018 7:06:50 AM PDT by MNJohnnie (2016: For the first time since 1984, I voted for a Rep President all other votes were anti Dem)
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To: Lagmeister

Everyone should remember it fraudulent to compere different quarters. Comparing q3 or q4 (normally strongest quarters) to q2 is an attempt to deliberately obfuscate and is extremely intellectually dishonest.


76 posted on 07/27/2018 7:09:03 AM PDT by MNJohnnie (2016: For the first time since 1984, I voted for a Rep President all other votes were anti Dem)
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To: patriotspride

Juan Williams - this is nothing more than “mid-term positioning” and says Obama deserves to share the credit (!). Others whine that this is nothing more than Trump taking a “victory lap.”

Clearly, each and every one of these people is our political enemy.


77 posted on 07/27/2018 7:09:18 AM PDT by Pravious
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To: GonzoII

Well from your chart, looks like Obama had an even better quarter in 2014.

The important thing is to see this GDP growth SUSTAINED. Too early to tell yet.


78 posted on 07/27/2018 7:17:14 AM PDT by SeekAndFind
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To: GonzoII

Some moron said PDJT said it would be 5.3%; no way in heck would he have made such a statement and not know. Fake news likely said he said that. 4.1% is awesome and it will go higher.


79 posted on 07/27/2018 7:22:15 AM PDT by CincyRichieRich (Break in my country, you are illegal. Break into my house, makes not you a homeowner.)
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To: TaxPayer2000

“Mark Levin says it should be even higher if it wasn’t for the evil tariff war started by President Trump...”

So I guess a 1% growth rate under Obama with no “tariffs” is better than a 4% growth rate under Trump with his focused tariffs to level the playing field for the US. Ok then.


80 posted on 07/27/2018 7:25:08 AM PDT by Shark24
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