Good quarter, but lets keep the significance of a quarter's worth of GDP in perspective. It's a pretty small victory. Growth is pretty volatile quarter to quarter. I think the better stat for him is that the last 4 quarters have averaged 3.2%. We haven't had a run that good since 2014-15. Given that there are reasons to think it was a very temporal bump though, I'd really be looking to see if we can retain that rate in the coming 4 quarters.
It's amazing that Trump can't hit 50% approval for a "booming economy". Imagine when the bubble bursts.
one of the most intellectually dishonest hype by Traitor Trump business investment grew 9.8% in Q2, while in the last Qtr under Obama, it was 1.9% his advisers opted to not provide details of where that increased investment was spent on ! most of that increased spend is attributable to increase energy cost and buy back of co stock to artificially inflate the stock price. thanks to the much-lowered Corp tax rate, corp are buying back more co stock than ever before IIRC, energy cost was near a decade low when O left office that said, for team Trump, the GDP info is nice diversion to move the narrative away from the who leaked the Cohen tape, as well as the info that the Traitor had knowledge of Fredo's meeting w the Russians the CFO (who knows where all the financial bodies are buried) for the Trump Co will be subpoena by Mueller more findings / prosecutions by Mueller Russia
It's only one quarter... Looks like there was a rush to export... Investment actually went down... tax pkg didn't work for this Q.
[Premium Post] Trump is doing a fantastic job for the economy, despite the fact that interest rates are rising (makes growth harder). While the Democrats are stuck on stupid with their Russian fantasies, Trump is improving Americans' quality of life. Credit where it's due -- great job President Trump! It also illustrates how weak and ineffectual Obama was -- such anemic economic growth despite literally the most accommodating monetary policy in the history of the world (quantitative easing and 0% interest rates for pretty much his entire term in office. The guy was a great speech reader, but just an awful leader with awful policies. Thank goodness we have a real leader in charge who gets things done and makes things happen. GOOD DAY
what is the common thread that binds george and donald j together ? they're both traitors. traitor george publicizing his economic illiteracy when an economy is stable and growing, w more than 90 consecutive mo [~70 during Obama's watch, 15 under Trump] of job creation, in the realm of economic, public enemy #1 is inflation but that's just above your head are you too stupid to understand 37 prosecutions, 5 guilty pleads and one serving jail time? not the farmers, as evidenced by Traitor Trumps $12 billion bail out to the farmers the dizzying height of stupidity Obama inherited a cratered economy from the inept W the US economy was in a depression mo job loss > 100K the financial industry was bankrupt, necessitating a bail out W F**ked up the bail out attempt right off the bat, Obama successfully bailed out the financial industry, which added much needed stability to the economy, an then proceeded to generate 70 consecutive mo of job creation, avg over 100K this was the "cushy" state of the economy which Traitor Trump had inherited
[Educational Post] There was just so much bad information, misguided viewpoints, and just economic ignorance in your post, that I cannot hope to teach you all of these principles in one post. I'm good, but I'm not THAT good. Honestly, it would take you years upon years of rigorous, focused study on economics to realistically engage me in debate. Even then you'd lose handily. in the meantime, I'll focus on your ignorant quote above. Do you realize that none of these prosecutions or pleas actually involve collusion with Russia -- the entire premise of the Special Counsel's investigation? Instead, they are finding unrelated crimes to pin on Trump associates so that they can then squeeze these associates and hope to get information to "get Trump". That's why Manafort was charged with FARA violations and it's why Cohen will be charged with peddling influence and pay-for-play schemes. These crimes are intended to put pressure on the defendants so they then cough up information on Trump. What's the common theme? NONE of the crimes have to do with Russia at all. Because Trump did not collude with Russia. But that's beside the point. The point is that Trump has unquestionably extended the economic rally that loose monetary policy created. Obama was gifted 0% interest rates for 8 years and quantitative easing (money printing). This masked how bad his policies were for the economy. You can't argue that increased regulations (Obamacare), higher taxes, expanded union rights, more entitlements, and the green energy taxes were positive for the economy. You'd be laughed out of any board room in America if you thought those policies would help an economy grow. Trump was just what this economy needed -- a deregulating, tax cutting, job-focused President who has put America in the driver's seat of leading the global economy. You might hate Trump, but you have to acknowledge that he has increased prosperity in this country and he gets things done. GOOD DAY
