colfax_m
Diamond Member
- Nov 18, 2019
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4.1%, gosh sounds impressive. Almost as impressive as Obama's 5.5%. Trump hasn't even had a full year of 3% growth either. Missed it last year. Better luck next year because he sure as hell ain't going to do it this year.
Obama's 5.5? Lol uhm no
Q2 2014 real GDP growth was 5.5%. It's true.
Oh one quarter....what was Ear's overall GDP?
It doesn't matter I've already stated GDP is now a weak indicator of how an economy is doing. Under Trump the economy is booming.
It was one quarter as the previous poster pointed to Trump's best quarter which was substantially less than Obama's best quarter.
Where did you get the weird idea that service industry isn't included in the GDP? What you said is untrue.
Get educated....there are many different types of "services"
All types of services that provide economic value are included in our GDP.
Not sure you actually read the article you posted because it has nothing to do with what we're talking about. It's talking about factoring into ecological impact of economic activity.
I get it though. GDP growth during Obama was bad, now it's "irrelevant" under Trump because it's the same. Just like unemployment rates were supposedly falsified (or alternatively now "real") under Obama and now are the only thing that matters under Trump because unemployment kept falling at about the same pace it had for the previous 6 years.
The economy is about as good now as it was under Obama. Admit it and stop making up silly stories.