https://www.cnbc.com/2017/10/27/tru...s-3-percent-goal-even-without-tax-reform.html
#SuckItLibs #FuckTheLeft #MAGA #Hail
#SuckItLibs #FuckTheLeft #MAGA #Hail
U.S economy reaching goal of 3 percent growth even though we voted for Trump
- Thread starter Jack Davenport
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Re: I.S economy reaching goal of 3 percent growth even though we voted for Trump
I.S. = Investment States
I.S. = Investment States
Re: I.S economy reaching goal of 3 percent growth even though we voted for Trump
Obama too had good numbers on the economy. But what people were angry at is that the numbers were good but their day to day life did not improved, they were still struggling to make ends meet.
Now the question is : After 10 monthes of President Trump in the Oval Office, are people in Wisconsin, Ohio, Iowa, Pennslvania, etc. better off now than they were a year ago when they choosed to vote for Trump ?
Obama too had good numbers on the economy. But what people were angry at is that the numbers were good but their day to day life did not improved, they were still struggling to make ends meet.
Now the question is : After 10 monthes of President Trump in the Oval Office, are people in Wisconsin, Ohio, Iowa, Pennslvania, etc. better off now than they were a year ago when they choosed to vote for Trump ?
Re: I.S economy reaching goal of 3 percent growth even though we voted for Trump
Yes. Across the board. Obama never did one fucking thing to improve the economy. A tanked economy like in 2008 was going to rebound regardless.
If anything, Obama’s bullshit regulation and cap and trade impeded growth.
Fuck that sorry piece of shit.
Yes. Across the board. Obama never did one fucking thing to improve the economy. A tanked economy like in 2008 was going to rebound regardless.
If anything, Obama’s bullshit regulation and cap and trade impeded growth.
Fuck that sorry piece of shit.
Re: I.S economy reaching goal of 3 percent growth even though we voted for Trump
Hey, I'm actually rooting for him. I like having a stronger economy.
But 3.0 is party time? LOL
When Obama hit 2.9 in 2015 Republicans railed about it being part of an ongoing disaster.
And to even reach that annual rate of 3.0 for this year Trump will need a last quarter of 4.6 or above.
PS: Wasn't he promising GDPs in the fives?
Hey, I'm actually rooting for him. I like having a stronger economy.
But 3.0 is party time? LOL
When Obama hit 2.9 in 2015 Republicans railed about it being part of an ongoing disaster.
And to even reach that annual rate of 3.0 for this year Trump will need a last quarter of 4.6 or above.
PS: Wasn't he promising GDPs in the fives?
Rane1071
For the EMPEROR!!
Re: I.S economy reaching goal of 3 percent growth even though we voted for Trump
You mean like, Russian Investments?
You mean like, Russian Investments?
Re: I.S economy reaching goal of 3 percent growth even though we voted for Trump
Yep, as in uranium.
Re: I.S economy reaching goal of 3 percent growth even though we voted for Trump
Uranium One is fake, just like the Niger Uranium scandal was.
Uranium One is fake, just like the Niger Uranium scandal was.
How does it feel to have to go through life with defending as fake any criticism of everything you believe in?
I don't know.
Can you tell me, you're much more an expert than me on this
Righhhht!
Update: I was wrong about 3 percent growth.
It has been revised to 3.3 percent.
https://www.bloomberg.com/news/arti...rter-growth-revised-up-to-3-3-three-year-high
Obama never sniffed that in 8 years and Trump achieved it in 10 months.
Well, you stepped in it pretty deep this time.
In fact, Obama had nine quarters of 3 percent or more growth.
And that's what we (and the article) are referencing here, quarterlies...being as Trump, 10 months in, hasn't recorded an annual rate as yet.
Kinda hard to imagine you wouldn't know that. Oh well.
His first three quarters have come in at 1.2, 3.1 and 3.3 (revised from 3.1). If a full year consisted of three instead of four quarters, Trump's annual GDP growth rate for 2017 would be 2.5
He's going to need a big fourth quarter (4.4) to reach an annual of 3. Let's hope it happens.
He's going to need a big fourth quarter (4.4) to reach an annual of 3. Let's hope it happens.
Obama never had an annual GDP of 3 percent or higher. And Trump is going to achieve it in his first year. And his 4th quarter won’t end for two more months.
That’s what I should have said.
Correct you are on point one.
2.9 was Obama's best.
But as I mentioned above, Trump is going to need a big 4th quarter (4.4) to reach an annual of 3.0 for 2017.
2.9 was Obama's best.
But as I mentioned above, Trump is going to need a big 4th quarter (4.4) to reach an annual of 3.0 for 2017.
I bet he gets there by January 20th.
I hope so. Much as I can't stand the guy I hope the best for our country.
But as I mentioned upthread, I seem to recall him promising annuals in the 5 range.
I guess we're really going to need them to offset increases in defense spending and possible tax reform that would significantly reduce federal income.
But as I mentioned upthread, I seem to recall him promising annuals in the 5 range.
I guess we're really going to need them to offset increases in defense spending and possible tax reform that would significantly reduce federal income.
Re: I.S economy reaching goal of 3 percent growth even though we voted for Trump
Your are quite misinformed - there was NO 'Cap and Trade" legislation - it never passed. It did not impede growth as it was non-existent!
Likewise, you are mistaken on regulations, too. More and more coal operators have announced closures in 2017 (and what remains will shift to metallurgical coal). Actually, coal production has increased slightly (much for export) while coal jobs have continued their decrease, both driven by automation and market pressure. The free market is working as it should be. Soon, a coal miner will be as quaint as a blacksmith - such is the power of the free market and of automation. And even international coal exports are continuing their decline. This has not the slightest thing to do with regulations or a federal "cap and trade" that does not exist.
Your are quite misinformed - there was NO 'Cap and Trade" legislation - it never passed. It did not impede growth as it was non-existent!
Likewise, you are mistaken on regulations, too. More and more coal operators have announced closures in 2017 (and what remains will shift to metallurgical coal). Actually, coal production has increased slightly (much for export) while coal jobs have continued their decrease, both driven by automation and market pressure. The free market is working as it should be. Soon, a coal miner will be as quaint as a blacksmith - such is the power of the free market and of automation. And even international coal exports are continuing their decline. This has not the slightest thing to do with regulations or a federal "cap and trade" that does not exist.
Actually you are wrong. I never said it was legislation, it was piece meal distribution through the executive branch to the industries he wanted to help and to smother the ones he wanted to smother.
In your eagerness to correct me, you corrected things I never said.
Also, I never mentioned coal specifically, however, the only reason it is an industry facing more closures due to the very snuffing out that the Democrats seek to achieve.
You are all over the place and in the process didn’t make one valid point. It read as talking points.
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