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re: Q2 GDP predicted to soar to +4.6%
Posted on 6/2/25 at 3:32 pm to The Pirate King
Posted on 6/2/25 at 3:32 pm to The Pirate King
Will Roger get his 4-wheeler now?
Posted on 6/2/25 at 3:37 pm to LSU Patrick
quote:
We just have to win the executive and legislative branches each election for the next 20 years.
That would be tremendously beneficial to say the least and frankly the Democratic Party doesn’t deserve to be back in power any coming decade soon.
Unfortunately, never underestimate the collective hamster-type memory of the American voting public.
And that’s the ones who can even be motivated/bothered to vote.
I’ll be interested to see the overall voter participation percentages once DJT exits the stage.
Posted on 6/2/25 at 3:54 pm to loogaroo
quote:It's not.
. I wonder if it’s possible to grow ourselves out of deficit spending.
Posted on 6/2/25 at 4:04 pm to ksayetiger
quote:
would be higher than that if Trump wasn't doing illegal things. This is obviously the result of Biden policies
Nah it's obvious how this all worked out now
Good numbers are a result of trump and bad numbers are a result of Biden.
Posted on 6/2/25 at 4:10 pm to Big Scrub TX
quote:
It's not.
It is theoretically possible. It might not be practically possible because it would require Congress and the President to hold spending steady in real dollars. Neither has shown signs of doing that.
Posted on 6/2/25 at 6:28 pm to The Pirate King
That’s expected. Imports rose drastically Q1 as businesses built inventory due to tariffs causing the decline in Q1 GDP. Q2 was always poised to be big gains as imports slowed way down due to tariffs and those inventories sold off.
Averages out to a modest 2.15 overall gain in first half of the year if that 4.6 is realized in actuality.
Q3 will really show which way the economy is headed with Trumps policies
Averages out to a modest 2.15 overall gain in first half of the year if that 4.6 is realized in actuality.
Q3 will really show which way the economy is headed with Trumps policies
Posted on 6/2/25 at 6:30 pm to loogaroo
quote:
I wonder if it’s possible to grow ourselves out of deficit spending.
It’s possible with sound economic and tax policy long term. And you need another industry boom like the dot.com boom of the 90s. AI could be it.
Posted on 6/3/25 at 7:28 am to deltaland
Then Q3 will roll around and there will be a new cope for why the economy hasn't crashed yet but next Q4 will be the real test.
Posted on 6/3/25 at 5:50 pm to The Pirate King
Setting Trump up for the sucker punch..."Well below expectations."
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