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re: LIBERAL MEDIA FLAT OUT LYING

Posted on 8/2/17 at 4:01 pm to
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123866 posts
Posted on 8/2/17 at 4:01 pm to
quote:

Do you think for 1 second people on this board will blame Trump

You are on this board, right?

As has been stated, Trump needs to pass Healthcare, or Taxes, or both. If he doesn't, recession may result. Trump's ineffectiveness in that instance would be at least in part to blame.

OTOH many, perhaps most experts were predicting a 2017 recession accompanying a Hillary Presidency. Post-election market performance draws distinction with those HRC-related predictions. So there is that in Trump's favor
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 8/2/17 at 4:14 pm to
quote:

Equally fair is the observation that most here don't apparently understand what a Q/Q growth of 4.6% following a -0.9% quarter actually means on an annualized basis.

Simply comparing Q12015 to Q12016 tells us more about the quarters in between than it does about Q12016. That's why the government reports Q/Q, so we can get some idea of the change in speed of activity within that quarter alone.

Don't get me wrong- this alternative metric used by this site you linked is useful as well- but it's not all that different from a simple annual figure.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123866 posts
Posted on 8/2/17 at 4:35 pm to
quote:

Don't get me wrong- this alternative metric used by this site you linked is useful as well- but it's not all that different from a simple annual figure.

Of course it isn't, but at least it's a more meaningful measure than posting a positive Q/Q growth rate following a dismal quarter.

That's why the dataset is much more appropriately indicative of obama's dismal economic performance.
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 8/2/17 at 7:47 pm to
Reminder: this thread is based on a 2.6% q/q figure touted by Trump

Which was preceded by an abysmal 1.2% quarter

Unsurprisingly given the way this thread has gone, the majority of Obama's 2.6%+ quarters were preceded by better than that
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