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re: Trump's 1st economic report card: Slowest growth in 3 years
Posted on 4/28/17 at 8:42 am to The First Cut
Posted on 4/28/17 at 8:42 am to The First Cut
quote:
C'mon, awwnt. You're a liberal but not a dummy. The market can react far quicker than the economy of a nation. Markets rose on HOPE of regulatory rollback.
I'll give you that. Markets react more quickly than the overall economy. However, Trump supporters took credit for jobs reports over the past few months, so they're still cherry picking.
2
Posted on 4/28/17 at 8:43 am to TN Bhoy
quote:
You were crediting him for every job gained after the election...
You obviously confuse me with someone else.
Posted on 4/28/17 at 8:46 am to a want
You are so fricking disappointing.
Being intellectually dishonest while throwing a tantrum is no way to go through life.
Being intellectually dishonest while throwing a tantrum is no way to go through life.
Posted on 4/28/17 at 8:46 am to The First Cut
quote:Odds are he has.
You think he can change the direction of the economy in less than 100 days?
Posted on 4/28/17 at 8:48 am to UHTiger
quote:
So bad news for Americans is now good news for trump because you think it helps his questionable agenda? We can't survive 4 years of this "winning"
Actually, it's good news for America because it means Trump has leverage to get his pro-growth policies passed.
Posted on 4/28/17 at 8:48 am to a want
quote:Without question.
Did you give him credit when the market went up?
Do you understand why the markets went up?
Do you understand that fact is disparate from your OP?
Posted on 4/28/17 at 8:51 am to a want
Obama is the only President in the history of our country to never reach 3% growth in GDP. Think about that for a minute while you scoff at Trumps economic report card.
Posted on 4/28/17 at 8:52 am to The First Cut
quote:
You think he can change the direction of the economy in less than 100 days?
You did with obama
Posted on 4/28/17 at 8:52 am to The First Cut
quote:
You think he can change the direction of the economy in less than 100 days?
No. But he took credit for job growth in his first three months. Though I don't he'll claim this one.
Posted on 4/28/17 at 8:53 am to a want
quote:
Did you give him credit when the market went up?
Please tell me you aren't talking about the stock market. You are smarter/better than this.
Posted on 4/28/17 at 8:53 am to a want
From your link:
Weak consumer spending was the main culprit for the anemic growth, which has become routine for the US economy since the Great Recession ended in 2009. Since then, the US has averaged about 2% annual growth.
Who entered office in 2009? I can't remember.
ETA:
Also
Additionally, job gains remain solid, gas prices are low and wage growth has been picking up after years of dormancy.
One key difference this year is that consumer and business confidence have shot up partly because of President Trump's election victory and his promises for tax cuts and deregulation.
"Consumption growth will rebound in the second quarter," says Paul Ashworth, chief US economist at Capital Economics, a research firm.
It's important to caution that the first estimate for economic growth to start the year has been unusually low in recent years and has been later revised upward.
ALL of these from your link. Thanks for supporting President Trump!
Weak consumer spending was the main culprit for the anemic growth, which has become routine for the US economy since the Great Recession ended in 2009. Since then, the US has averaged about 2% annual growth.
Who entered office in 2009? I can't remember.
ETA:
Also
Additionally, job gains remain solid, gas prices are low and wage growth has been picking up after years of dormancy.
One key difference this year is that consumer and business confidence have shot up partly because of President Trump's election victory and his promises for tax cuts and deregulation.
"Consumption growth will rebound in the second quarter," says Paul Ashworth, chief US economist at Capital Economics, a research firm.
It's important to caution that the first estimate for economic growth to start the year has been unusually low in recent years and has been later revised upward.
ALL of these from your link. Thanks for supporting President Trump!
This post was edited on 4/28/17 at 8:57 am
Posted on 4/28/17 at 8:54 am to cahoots
quote:
However, Trump supporters took credit for jobs reports over the past few months, so they're still cherry picking.
Posted on 4/28/17 at 8:56 am to a want
quote:
It was the slowest quarter of growth since the first quarter of 2014.
So Obama's last quarter was worst than his earlier one.
Idiot.
Posted on 4/28/17 at 8:56 am to a want
And yet Hillary is still taking longer & longer walks in the woods while POTUS Donald Trump will soon be nominating another strong conservative judge to the U.S. S. C. Obama was in office 8 yrs & never learned how to draw a real line in the sand in the Middle East. etc etc etc
Posted on 4/28/17 at 8:56 am to a want
I don't believe any information put out by the federal gov't. It's never correct and it ALWAYS gets revised one way or the other. Frankly, I question their ability to count.
Posted on 4/28/17 at 8:57 am to a want
quote:
Weak consumer spending was the main culprit for the anemic growth, which has become routine for the US economy since the Great Recession ended in 2009.
Consumer spending is cyclical. Also, bonus points for the "recession ended in 2009" joke.
quote:
Despite the slow growth, the US economy is in good shape overall. Unemployment is very low at 4.5%. It was as high as 10% in October 2009 after the Great Recession ended.
Blame Trump for the slow growth, but give Obama credit for the UE? Can't wait for the logic.
quote:
It's important to caution that the first estimate for economic growth to start the year has been unusually low in recent years and has been later revised upward.
The last sentence makes the entire article moot. Nice.
Posted on 4/28/17 at 8:57 am to the LSUSaint
Posted on 4/28/17 at 8:57 am to a want
quote:
:inb4Obamasfault:
Um, i think Trump gets at least 7 years of blaming Obama if we want to hold Trump to the same standard as Obama. Hell, you libs are still blaming Bush for Obama's failures.
And CNN....
Posted on 4/28/17 at 8:59 am to cahoots
quote:
I'll give you that. Markets react more quickly than the overall economy. However, Trump supporters took credit for jobs reports over the past few months, so they're still cherry picking.
Check out the rest of the article and tell us who is cherry picking.
Posted on 4/28/17 at 8:59 am to a want
RA'ING you in general for inundating the board with your drivel.
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