Positive update for 4th quarter GDP estimate: up to 3.2%

quote:

---

good thing to have three straight quarters

---

Not cool, dude.


"...three CONSECUTIVE quarters..." is more inclusive... no?

what's the magic # to get 3% for the year...4% for Q4?

Ok Dems, tell us all how this was Obama's doing.

Obama trying to steal credit wouldn't be so cringeworthy if he didn't boast that manufacturing jobs were never coming back.

He said manufacturing jobs were never coming back.

They end up coming back, and he pretends like it is because of him.

quote:

---

what's the magic # to get 3% for the year...4% for Q4?

---

Not 100% sure but it's a big number. Approximately 4.5%.

We started off the first quarter with a Obama era number of 1.4%. That really put us behind the 8 ball for a calendar year number of 3%.

The Fed spoke today. You should probably listen to that and make this post more in context with what they said. But that's just me.

quote:

---

Assuming that the 3.2% is correct, that would give Trump an average of 2.75% GDP growth in 2017. That is a good start especially since it is almost double BHO's average.

---

Look, I will agree that Obama's average was NOT good, but let's be at least a little bit honest.

From your own article:

quote:

---

It’s no secret Obama inherited a distressed economy. In December 2007, just two months before Obama officially took office, the Great Recession officially began and the U.S. economy shrank at a rate of 0.3%. During the recession, which ended in June 2009 according to economists, unemployment rates reached as high as 10%.

---

quote:

---

Or maybe this is a good example of how the "focus of the day" doesn't really matter.

---

I contest that it should though.

We need to see and hear this kind of news. And by we, I mean the media