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re: 1st quarter GDP: 3.2%

Posted on 4/28/19 at 11:42 am to
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 4/28/19 at 11:42 am to
quote:

please explain to me the meaningful difference between 2.9 and 3.0

if by "meaningful" you mean "big", i don't believe there is one

failing to reach that threshold for an annual figure, despite getting 2.9, is merely a marker laid down frequently by obama critics, far as i can tell

so the fact that 2018 failed to reach it is only meaningful in those terms
This post was edited on 4/28/19 at 11:43 am
Posted by cajunangelle
Member since Oct 2012
148131 posts
Posted on 4/28/19 at 11:55 am to
Posted by BBONDS25
Member since Mar 2008
49043 posts
Posted on 4/28/19 at 11:57 am to
quote:

failing to reach that threshold for an annual figure, despite getting 2.9, is merely a marker laid down frequently by obama critics, far as i can tell


Perhaps because Obama said talking about 3.0 was irresponsible. He couldn’t do it even with QE.
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