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Atlanta Fed: GDP growth forecast for Q2 eases to 4.5%
www.fxstreet.com ^ | 06/28/2018 | By Eren Sengezer

Posted on 06/27/2018 9:25:53 AM PDT by Red Badger

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To: Vaden
Due to demographics and slowing innovation, the U.S. (and no other advanced economy) will likely ever see 4-5% growth again.

The 2nd largest economy in the world is China, with a GDP of 7%, so don't let facts get in the way of your opinion.

41 posted on 06/29/2018 3:53:40 AM PDT by USS Alaska (Kill all mooselimb, terrorist savages, with extreme prejudice! Deus Vult!)
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To: Red Badger

At one point during the first quarter I believe GDPNow forecast a growth rate over 5.5%. Actual growth for the quarter was around 2.5%. Impressive, but considerably lower than the highest prediction.


42 posted on 06/29/2018 3:56:00 AM PDT by DoodleDawg
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To: DoodleDawg

They are probably ‘purposely’ OVER-Estimating so that they can say, “Trump’s Economy is crashing!”...................


43 posted on 06/29/2018 6:09:11 AM PDT by Red Badger (July 2018 - the month the world discovered the TRUTH......Q Anon)
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To: Red Badger
They are probably ‘purposely’ OVER-Estimating so that they can say, “Trump’s

No. The Atlanta Feds GDPNow tool is a snapshot it time. A current read of projected growth on a particular day given the economic information that was released that day. It's been used for years and has always shown results like this. Unless the various administration agencies are skewing their economic data for political purposes then there is no way the GDPNow could be used for political purposes.

44 posted on 06/29/2018 6:31:44 AM PDT by DoodleDawg
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To: DoodleDawg
Unless the various administration agencies are skewing their economic data for political purposes ...

Gee, No way a Washington, DC Deep State bureaucrat would do that! Right?...........

45 posted on 06/29/2018 6:34:13 AM PDT by Red Badger (July 2018 - the month the world discovered the TRUTH......Q Anon)
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To: Red Badger
Gee, No way a Washington, DC Deep State bureaucrat would do that! Right?...........

It's Trump's administration and the President's chairman at the Fed, Are you saying they're all working against him?

46 posted on 06/29/2018 6:37:01 AM PDT by DoodleDawg
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To: DoodleDawg

Rosenstein is still at the FBI.

Obama and Jarette converted a huge number of what were previously ‘Political Appointee’ jobs to ‘Civil Service’ jobs just so that they could not be fired by the next POTUS. They are still entrenched, and still working for Obama..................


47 posted on 06/29/2018 6:40:53 AM PDT by Red Badger (July 2018 - the month the world discovered the TRUTH......Q Anon)
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To: Red Badger
Rosenstein is still at the FBI.

DOJ. And Trump appointed him to that post in April of 2017. Trump can fire him anytime he wants.

Obama and Jarette converted a huge number of what were previously ‘Political Appointee’ jobs to ‘Civil Service’ jobs just so that they could not be fired by the next POTUS. They are still entrenched, and still working for Obama..................

LOL! Did they now? Down to the economist and accountant level?

48 posted on 06/29/2018 6:51:33 AM PDT by DoodleDawg
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To: DoodleDawg

Probably especially, since the economy is what drives their base.

Obama Administration Intends to Purge Republicans From the Civil Service: November 12, 2009

https://www.redstate.com/diary/Erick/2009/11/12/obama-administration-intends-to-purge-republicans-from-the-civil-service/


49 posted on 06/29/2018 7:02:19 AM PDT by Red Badger (July 2018 - the month the world discovered the TRUTH......Q Anon)
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To: DoodleDawg

78 Obama appointees ‘burrowed’ into career jobs, watchdog finds:

https://www.washingtontimes.com/news/2017/sep/27/78-obama-appointees-burrowed-career-jobs-watchdog-/


50 posted on 06/29/2018 7:03:20 AM PDT by Red Badger (July 2018 - the month the world discovered the TRUTH......Q Anon)
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To: DoodleDawg

Obama’s plan to make the administrative state permanent:10.19.2016

http://netrightdaily.com/2016/10/obamas-plan-make-administrative-state-permanent/


51 posted on 06/29/2018 7:06:15 AM PDT by Red Badger (July 2018 - the month the world discovered the TRUTH......Q Anon)
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