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re: 1st quarter GDP: 3.2%

Posted on 4/26/19 at 7:49 am to
Posted by udtiger
Over your left shoulder
Member since Nov 2006
99131 posts
Posted on 4/26/19 at 7:49 am to
How about rather than slam 90 we all celebrate a damned strong number and appreciate the policies (and person) that are a main driver for it.

The fact Trump is not at 65% job approval is proof of the mendacity of the MSM and the stupidity of large swaths of the American public.
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 4/26/19 at 7:50 am to
quote:

we all enjoy substance

little evidence for that, to put it kindly

the guy trying to provide it consistently and in context gets shouted down. any substantive responses are exceedingly rare and are also rarely engaged with by the pack
Posted by oleheat
Sportsman's Paradise
Member since Mar 2007
13513 posts
Posted on 4/26/19 at 7:50 am to
Remember during the days following the election when all the leftists were claiming Trump's policies would "bankrupt" the economy?
Posted by BestBanker
Member since Nov 2011
17490 posts
Posted on 4/26/19 at 7:51 am to
quote:

we want to cheerlead

And some cheer for the wrong team.
Posted by TigerBait1971
PTC GA
Member since Oct 2014
14865 posts
Posted on 4/26/19 at 7:51 am to
Muh 2.4
Posted by Jyrdis
TD Premium Member Level III
Member since Aug 2015
12812 posts
Posted on 4/26/19 at 7:52 am to
It's great that GDP hit 3.2%, but some of the line items...eek.
Posted by KingOrange
Mayfair
Member since Aug 2018
8686 posts
Posted on 4/26/19 at 7:52 am to
Thank You Mr President!


To Bunyan:

Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 4/26/19 at 7:53 am to
quote:

Muh 2.4

2.4 was a good estimate given the data that was out at the time

a big contributor to this was state and local govt spending which is just hard to track
Posted by TigerBait1971
PTC GA
Member since Oct 2014
14865 posts
Posted on 4/26/19 at 7:53 am to
I'm just busting your balls, brother.
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 4/26/19 at 7:54 am to
quote:

It's great that GDP hit 3.2%, but some of the line items...eek.


before this morning i was just thinking about inventories & net exports dragging going forward. now the govt spending part could become a drag too

Posted by BugAC
St. George
Member since Oct 2007
52916 posts
Posted on 4/26/19 at 7:54 am to
quote:

2.4 was a good estimate


yet, it wasn't.
Posted by MeatCleaverWeaver
Member since Oct 2013
22175 posts
Posted on 4/26/19 at 7:55 am to
Muh obstructionist President
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134887 posts
Posted on 4/26/19 at 7:56 am to
Well, 90 is gonna be bummed for the weekend
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 4/26/19 at 7:56 am to
quote:

some cheer for the wrong team

unless you're cheering for Team Long-Term Fiscal Responsibility, you're cheering for the wrong team
Posted by KingOrange
Mayfair
Member since Aug 2018
8686 posts
Posted on 4/26/19 at 7:56 am to
quote:

a big contributor to this was state and local govt spending which is just hard to trac


Our Big Contributor IS THE FRIKIN ORANGE SAVAGE! Bend Thy Knee.
Posted by HubbaBubba
F_uck Joe Biden, TX
Member since Oct 2010
45851 posts
Posted on 4/26/19 at 7:56 am to
Had dinner with my sister-in-law last night. "The country is going into a recession and it's all Trump's fault!"

I just texted her this link.

Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 4/26/19 at 7:58 am to
quote:

yet, it wasn't

you gotta work with the data you got

i'll note, again, that this was a big beat in terms of what everyone expected, including anyone who was willing to sack up and lay down a number here
This post was edited on 4/26/19 at 7:59 am
Posted by FooManChoo
Member since Dec 2012
41746 posts
Posted on 4/26/19 at 7:59 am to
quote:

How about rather than slam 90 we all celebrate a damned strong number and appreciate the policies (and person) that are a main driver for it.
Why not both?
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 4/26/19 at 7:59 am to
quote:

The country is going into a recession

i think the late-quarter strength here has probably put that to bed for 2019, although this quarter's number may raise expectations for the rest of the year way too much
Posted by Bunyan
He/Him
Member since Oct 2016
20828 posts
Posted on 4/26/19 at 8:00 am to
quote:

we all celebrate a damned strong number and appreciate the policies (and person) that are a main driver for it.

Good point.

Thanks T!
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