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Started By
Message
the economy is exploding
Posted on 12/18/17 at 9:46 am
Posted on 12/18/17 at 9:46 am
not sure why, but somethings got it going
LINK
LINK
quote:
N.Y. Fed raises U.S. fourth-quarter GDP growth view to near 4 percent
The New York Federal Reserve on Friday raised its estimate of U.S. gross domestic product growth for the fourth quarter of 2017 closer to 4 percent, based on revisions of prior data that suggested stronger economic activities.
The regional central bank’s “Nowcast” model calculated the economy was expanding at an annualized pace of 3.98 percent in the fourth quarter, quicker than the 3.92 percent rate calculated a week ago.
The New York Fed said its latest tracking estimate on GDP growth for the first three months of next year was 3.15 percent, compared with 3.12 percent from last week.
20
Posted on 12/18/17 at 9:47 am to KeyserSoze999
quote:
not sure why, but somethings got it going
Obama's brilliant economic policies are finally kicking in.
Posted on 12/18/17 at 9:49 am to KeyserSoze999
Obama' masterful plan finally coming to fruition. It took him 8 years to get it jump-started but it's finally here.
Posted on 12/18/17 at 9:50 am to KeyserSoze999
quote:
not sure why, but somethings got it going
Cash for Clunkers finally kickin' in? Either that or wind mills..they're real money makers.
Posted on 12/18/17 at 9:51 am to KeyserSoze999
it's amazing what happens with the economy when you have a president who realizes that all you need to do is just get the gov't the frick out of the way.
Posted on 12/18/17 at 9:51 am to FooManChoo
With tax reform, things should really start rolling along. If only we could get Obamacare repealed.
Posted on 12/18/17 at 9:51 am to KeyserSoze999
Things seem to be really hopping right now, but im concerned for the first quarter of next year due to transportation regulations (ELDs) being enacted today, started under Obama's DOT. I fear it is going to drastically inflate the cost of goods across the nation, but what do i know.
Alleviate my concerns.
Alleviate my concerns.
Posted on 12/18/17 at 9:53 am to KeyserSoze999
quote:
not sure why, but somethings got it going
Economic Responsibility:
1992-1999: Clinton Economy
1999-2001: Bush's fault
2001-2007: Clinton Economy back on track
2007-2016: Bush's fault
2017-present: Obama Economic Recovery
Posted on 12/18/17 at 9:56 am to KeyserSoze999
quote:
not sure why, but somethings got it going
Quarterly growth is quarterly growth. We had consecutive quarters of 4.6% and 5.2% in Q2 and Q3 of 2014. Those quarters were followed by more "normal" growth rates through the end of 2016 and into 2017. Consistency is what really matters.
Posted on 12/18/17 at 10:00 am to TigerCoon
quote:The question for the middle class is: what will the overall "trickle down" effect be from all this growth? It just depends on where the growth comes from. Outsourcing labor and growth in the tech market aren't necessarily a boon to the middle class. We shall see what happens.
it's amazing what happens with the economy when you have a president who realizes that all you need to do is just get the gov't the frick out of the way.
Posted on 12/18/17 at 10:01 am to 9th life
quote:
hings seem to be really hopping right now, but im concerned for the first quarter of next year due to transportation regulations (ELDs) being enacted today, started under Obama's DOT. I fear it is going to drastically inflate the cost of goods across the nation, but what do i know.
Honestly, Majority of the carriers have been ELD compliant for some time now. Prices have acclimated in my opinion. There might be a slight bump but most of it has already taken place
Posted on 12/18/17 at 10:14 am to KeyserSoze999
quote:But....but....but revoking net neutrality is going to crash the economy!
the economy is exploding
(For you big government types who trust the government over private enterprise, am I doing this right?
)
Posted on 12/18/17 at 10:23 am to KeyserSoze999
Posted on 12/18/17 at 10:27 am to 90proofprofessional
How much longer will you be able to die on this hill, dude? The economy is the strongest it has been since the 90s, both the data and the consumer sentiment polls show it
Posted on 12/18/17 at 10:28 am to PointsInCase
quote:
Outsourcing labor and growth in the tech market aren't necessarily a boon to the middle class.
Cheaper goods and better, more efficient technology aren't a boon to the middle class?
Despite the globalists throwing everything at it over the last 25 years, the United States is not merely a service economy, certainly not at the level anyone would call middle class.
Posted on 12/18/17 at 10:32 am to HailHailtoMichigan!
quote:
How much longer will you be able to die on this hill, dude?
what are you even talking about
quote:
The economy is the strongest it has been since the 90s
2004 & 2005 might beg to differ
quote:
both the data and the consumer sentiment polls show it
consumer sentiment means little except as a leading GDP indicator of dubious reliability
and "the data" has shown no such thing yet. certainly not as a whole
Posted on 12/18/17 at 10:34 am to HailHailtoMichigan!
Can you imagine the reaction of the mainstream media if all this was being accomplished under a Dimm president? They would have a permanent collective erection.
It will be interesting to see how many Dimms vote "yes" on the tax bill and how difficult it will be for them to explain their "no" vote in the next election cycle.
It will be interesting to see how many Dimms vote "yes" on the tax bill and how difficult it will be for them to explain their "no" vote in the next election cycle.
Posted on 12/18/17 at 10:35 am to KeyserSoze999
4% That's madness. You can't just wave a magic wand and get 4%. Everyone needs to be content with 1%
- Signed,
Community Organizer who doesn't know jack shite about business or the economy or much anything else
- Signed,
Community Organizer who doesn't know jack shite about business or the economy or much anything else
Posted on 12/18/17 at 10:35 am to PointsInCase
quote:This is correct whether the downvoters like it or not.
e had consecutive quarters of 4.6% and 5.2% in Q2 and Q3 of 2014.
Posted on 12/18/17 at 10:41 am to KeyserSoze999
Not possible
Forbes: World Bank: Trump GDP Growth Will Be Worse Than Obama's
LA Times: If Trump thinks he can get more than 3% economic growth, he's dreaming
(CBO) is now forecasting that America will never see 3.0% economic growth again
Forbes: World Bank: Trump GDP Growth Will Be Worse Than Obama's
LA Times: If Trump thinks he can get more than 3% economic growth, he's dreaming
(CBO) is now forecasting that America will never see 3.0% economic growth again
This post was edited on 12/18/17 at 10:45 am
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