Donald Trump created a bogus economy ... U.S. Growth Slowest Since 2016, Complicating Trump’s pitch

It's very arguable that the spike in 2017 through to early 2018 was a continuation of Obama's economy.

Trump even achieved a low of 1.1% in q3 2018.

Everything about Trump is bogus. He inherited his wealth and supplemented it with Russian mob money when he faced bankruptcy.

Trump inherited a healthy growing economy from Obama and expert economic consensus is that Trump will cause a recession.

The only thing growing under Trump's dead hand is the government debt which is growing at record rates. It's 'yooj' and burgeoning as debt growth is > 2.5 x GDP growth. This is unsustainable and Donald Trump's bogus casino economy is headed for a bust.

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch
Boeing’s troubles, trade disruption and a tight job market held back growth last year, and a more subdued expansion appears to lie ahead.


By Patricia Cohen

  • Jan. 30, 2020
The government’s latest economic scorecard arrived on Thursday, offering fresh evidence that the economy continues to grow, but at a frustratingly slow pace.

As the nation heads toward a presidential election, the question is whether voters will view steady but unspectacular growth as a sign that President Trump’s handling of the economy has succeeded or stumbled.

Gross domestic product, which measures the value of goods and services produced inside the United States, grew at a 2.1 percent annual rate between October and December, the same as the previous three months, according to preliminary data released by the Commerce Department. As for 2019 as a whole, the report shows that the economy turned in a weaker annual showing than it did in 2017 and 2018.

In previous decades, growth that consistently fell below 3 percent would have been seen as distressing. Now most economists — at least those outside the administration — see normal growth circling the 2 percent mark.
Our President said that American companies that moved offshore are coming back. Does anyone know who? Black & Decker? Craftsman? I hear that even John Deere is laying off/cutting back even with the millions of $ in government subsidies to farmers cut off by tariffs.

Mafia, Cosa Nostra, and Triads are coming back since Donald Trump deregulated crime.
That’s NY Governor Andrew Cuomo who has removed over 80 categories of assault and burglary from being crimes.
 
I presume most major cities are not suffering from this slowdown.
Must be rural towns.
 
It's very arguable that the spike in 2017 through to early 2018 was a continuation of Obama's economy.

Trump even achieved a low of 1.1% in q3 2018.

Everything about Trump is bogus. He inherited his wealth and supplemented it with Russian mob money when he faced bankruptcy.

Trump inherited a healthy growing economy from Obama and expert economic consensus is that Trump will cause a recession.

The only thing growing under Trump's dead hand is the government debt which is growing at record rates. It's 'yooj' and burgeoning as debt growth is > 2.5 x GDP growth. This is unsustainable and Donald Trump's bogus casino economy is headed for a bust.

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch
Boeing’s troubles, trade disruption and a tight job market held back growth last year, and a more subdued expansion appears to lie ahead.


By Patricia Cohen

  • Jan. 30, 2020
The government’s latest economic scorecard arrived on Thursday, offering fresh evidence that the economy continues to grow, but at a frustratingly slow pace.

As the nation heads toward a presidential election, the question is whether voters will view steady but unspectacular growth as a sign that President Trump’s handling of the economy has succeeded or stumbled.

Gross domestic product, which measures the value of goods and services produced inside the United States, grew at a 2.1 percent annual rate between October and December, the same as the previous three months, according to preliminary data released by the Commerce Department. As for 2019 as a whole, the report shows that the economy turned in a weaker annual showing than it did in 2017 and 2018.

In previous decades, growth that consistently fell below 3 percent would have been seen as distressing. Now most economists — at least those outside the administration — see normal growth circling the 2 percent mark.
Our President said that American companies that moved offshore are coming back. Does anyone know who? Black & Decker? Craftsman? I hear that even John Deere is laying off/cutting back even with the millions of $ in government subsidies to farmers cut off by tariffs.

Mafia, Cosa Nostra, and Triads are coming back since Donald Trump deregulated crime.
/—-/ Actually NY Gov and the NYC mayor deregulated crime s and its up 19% this year.
 
It's very arguable that the spike in 2017 through to early 2018 was a continuation of Obama's economy.

Trump even achieved a low of 1.1% in q3 2018.

Everything about Trump is bogus. He inherited his wealth and supplemented it with Russian mob money when he faced bankruptcy.

Trump inherited a healthy growing economy from Obama and expert economic consensus is that Trump will cause a recession.

The only thing growing under Trump's dead hand is the government debt which is growing at record rates. It's 'yooj' and burgeoning as debt growth is > 2.5 x GDP growth. This is unsustainable and Donald Trump's bogus casino economy is headed for a bust.

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch
Boeing’s troubles, trade disruption and a tight job market held back growth last year, and a more subdued expansion appears to lie ahead.


By Patricia Cohen

  • Jan. 30, 2020
The government’s latest economic scorecard arrived on Thursday, offering fresh evidence that the economy continues to grow, but at a frustratingly slow pace.

As the nation heads toward a presidential election, the question is whether voters will view steady but unspectacular growth as a sign that President Trump’s handling of the economy has succeeded or stumbled.

Gross domestic product, which measures the value of goods and services produced inside the United States, grew at a 2.1 percent annual rate between October and December, the same as the previous three months, according to preliminary data released by the Commerce Department. As for 2019 as a whole, the report shows that the economy turned in a weaker annual showing than it did in 2017 and 2018.

In previous decades, growth that consistently fell below 3 percent would have been seen as distressing. Now most economists — at least those outside the administration — see normal growth circling the 2 percent mark.

It's very arguable that the spike in 2017 through to early 2018 was a continuation of Obama's economy.

Obama's 2016 only had 1.6% real GDP growth.

debt growth is > 2.5 x GDP growth.

What was debt growth under Obama?

Budget deficit was decreasing under Obama.
 
It's very arguable that the spike in 2017 through to early 2018 was a continuation of Obama's economy.

Trump even achieved a low of 1.1% in q3 2018.

Everything about Trump is bogus. He inherited his wealth and supplemented it with Russian mob money when he faced bankruptcy.

Trump inherited a healthy growing economy from Obama and expert economic consensus is that Trump will cause a recession.

The only thing growing under Trump's dead hand is the government debt which is growing at record rates. It's 'yooj' and burgeoning as debt growth is > 2.5 x GDP growth. This is unsustainable and Donald Trump's bogus casino economy is headed for a bust.

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch
Boeing’s troubles, trade disruption and a tight job market held back growth last year, and a more subdued expansion appears to lie ahead.


By Patricia Cohen

  • Jan. 30, 2020
The government’s latest economic scorecard arrived on Thursday, offering fresh evidence that the economy continues to grow, but at a frustratingly slow pace.

As the nation heads toward a presidential election, the question is whether voters will view steady but unspectacular growth as a sign that President Trump’s handling of the economy has succeeded or stumbled.

Gross domestic product, which measures the value of goods and services produced inside the United States, grew at a 2.1 percent annual rate between October and December, the same as the previous three months, according to preliminary data released by the Commerce Department. As for 2019 as a whole, the report shows that the economy turned in a weaker annual showing than it did in 2017 and 2018.

In previous decades, growth that consistently fell below 3 percent would have been seen as distressing. Now most economists — at least those outside the administration — see normal growth circling the 2 percent mark.

It's very arguable that the spike in 2017 through to early 2018 was a continuation of Obama's economy.

Obama's 2016 only had 1.6% real GDP growth.

debt growth is > 2.5 x GDP growth.

What was debt growth under Obama?

Budget deficit was decreasing under Obama.
It’s a sad reality that managing a nation’s infrastructure costs money.
Uniondale, NY is benefiting greatly from this spending.
 
It's very arguable that the spike in 2017 through to early 2018 was a continuation of Obama's economy.

Trump even achieved a low of 1.1% in q3 2018.

Everything about Trump is bogus. He inherited his wealth and supplemented it with Russian mob money when he faced bankruptcy.

Trump inherited a healthy growing economy from Obama and expert economic consensus is that Trump will cause a recession.

The only thing growing under Trump's dead hand is the government debt which is growing at record rates. It's 'yooj' and burgeoning as debt growth is > 2.5 x GDP growth. This is unsustainable and Donald Trump's bogus casino economy is headed for a bust.

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch
Boeing’s troubles, trade disruption and a tight job market held back growth last year, and a more subdued expansion appears to lie ahead.


By Patricia Cohen

  • Jan. 30, 2020
The government’s latest economic scorecard arrived on Thursday, offering fresh evidence that the economy continues to grow, but at a frustratingly slow pace.

As the nation heads toward a presidential election, the question is whether voters will view steady but unspectacular growth as a sign that President Trump’s handling of the economy has succeeded or stumbled.

Gross domestic product, which measures the value of goods and services produced inside the United States, grew at a 2.1 percent annual rate between October and December, the same as the previous three months, according to preliminary data released by the Commerce Department. As for 2019 as a whole, the report shows that the economy turned in a weaker annual showing than it did in 2017 and 2018.

In previous decades, growth that consistently fell below 3 percent would have been seen as distressing. Now most economists — at least those outside the administration — see normal growth circling the 2 percent mark.
Our President said that American companies that moved offshore are coming back. Does anyone know who? Black & Decker? Craftsman? I hear that even John Deere is laying off/cutting back even with the millions of $ in government subsidies to farmers cut off by tariffs.

Mafia, Cosa Nostra, and Triads are coming back since Donald Trump deregulated crime.

That’s NY Governor Andrew Cuomo who has removed over 80 categories of assault and burglary from being crimes.

Was he wearing an orange wig?
 
It's very arguable that the spike in 2017 through to early 2018 was a continuation of Obama's economy.

Trump even achieved a low of 1.1% in q3 2018.

Everything about Trump is bogus. He inherited his wealth and supplemented it with Russian mob money when he faced bankruptcy.

Trump inherited a healthy growing economy from Obama and expert economic consensus is that Trump will cause a recession.

The only thing growing under Trump's dead hand is the government debt which is growing at record rates. It's 'yooj' and burgeoning as debt growth is > 2.5 x GDP growth. This is unsustainable and Donald Trump's bogus casino economy is headed for a bust.

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch
Boeing’s troubles, trade disruption and a tight job market held back growth last year, and a more subdued expansion appears to lie ahead.


By Patricia Cohen

  • Jan. 30, 2020
The government’s latest economic scorecard arrived on Thursday, offering fresh evidence that the economy continues to grow, but at a frustratingly slow pace.

As the nation heads toward a presidential election, the question is whether voters will view steady but unspectacular growth as a sign that President Trump’s handling of the economy has succeeded or stumbled.

Gross domestic product, which measures the value of goods and services produced inside the United States, grew at a 2.1 percent annual rate between October and December, the same as the previous three months, according to preliminary data released by the Commerce Department. As for 2019 as a whole, the report shows that the economy turned in a weaker annual showing than it did in 2017 and 2018.

In previous decades, growth that consistently fell below 3 percent would have been seen as distressing. Now most economists — at least those outside the administration — see normal growth circling the 2 percent mark.

It's very arguable that the spike in 2017 through to early 2018 was a continuation of Obama's economy.

Obama's 2016 only had 1.6% real GDP growth.

debt growth is > 2.5 x GDP growth.

What was debt growth under Obama?

Budget deficit was decreasing under Obama.


What was debt growth under Obama?
 
It's very arguable that the spike in 2017 through to early 2018 was a continuation of Obama's economy.

Trump even achieved a low of 1.1% in q3 2018.

Everything about Trump is bogus. He inherited his wealth and supplemented it with Russian mob money when he faced bankruptcy.

Trump inherited a healthy growing economy from Obama and expert economic consensus is that Trump will cause a recession.

The only thing growing under Trump's dead hand is the government debt which is growing at record rates. It's 'yooj' and burgeoning as debt growth is > 2.5 x GDP growth. This is unsustainable and Donald Trump's bogus casino economy is headed for a bust.

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch
Boeing’s troubles, trade disruption and a tight job market held back growth last year, and a more subdued expansion appears to lie ahead.


By Patricia Cohen

  • Jan. 30, 2020
The government’s latest economic scorecard arrived on Thursday, offering fresh evidence that the economy continues to grow, but at a frustratingly slow pace.

As the nation heads toward a presidential election, the question is whether voters will view steady but unspectacular growth as a sign that President Trump’s handling of the economy has succeeded or stumbled.

Gross domestic product, which measures the value of goods and services produced inside the United States, grew at a 2.1 percent annual rate between October and December, the same as the previous three months, according to preliminary data released by the Commerce Department. As for 2019 as a whole, the report shows that the economy turned in a weaker annual showing than it did in 2017 and 2018.

In previous decades, growth that consistently fell below 3 percent would have been seen as distressing. Now most economists — at least those outside the administration — see normal growth circling the 2 percent mark.
Our President said that American companies that moved offshore are coming back. Does anyone know who? Black & Decker? Craftsman? I hear that even John Deere is laying off/cutting back even with the millions of $ in government subsidies to farmers cut off by tariffs.

Mafia, Cosa Nostra, and Triads are coming back since Donald Trump deregulated crime.

That’s NY Governor Andrew Cuomo who has removed over 80 categories of assault and burglary from being crimes.

Was he wearing an orange wig?
I see you have issues finding information on the web that doesn’t align with your ideology.
 
It's very arguable that the spike in 2017 through to early 2018 was a continuation of Obama's economy.

Trump even achieved a low of 1.1% in q3 2018.

Everything about Trump is bogus. He inherited his wealth and supplemented it with Russian mob money when he faced bankruptcy.

Trump inherited a healthy growing economy from Obama and expert economic consensus is that Trump will cause a recession.

The only thing growing under Trump's dead hand is the government debt which is growing at record rates. It's 'yooj' and burgeoning as debt growth is > 2.5 x GDP growth. This is unsustainable and Donald Trump's bogus casino economy is headed for a bust.

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch
Boeing’s troubles, trade disruption and a tight job market held back growth last year, and a more subdued expansion appears to lie ahead.


By Patricia Cohen

  • Jan. 30, 2020
The government’s latest economic scorecard arrived on Thursday, offering fresh evidence that the economy continues to grow, but at a frustratingly slow pace.

As the nation heads toward a presidential election, the question is whether voters will view steady but unspectacular growth as a sign that President Trump’s handling of the economy has succeeded or stumbled.

Gross domestic product, which measures the value of goods and services produced inside the United States, grew at a 2.1 percent annual rate between October and December, the same as the previous three months, according to preliminary data released by the Commerce Department. As for 2019 as a whole, the report shows that the economy turned in a weaker annual showing than it did in 2017 and 2018.

In previous decades, growth that consistently fell below 3 percent would have been seen as distressing. Now most economists — at least those outside the administration — see normal growth circling the 2 percent mark.

It's very arguable that the spike in 2017 through to early 2018 was a continuation of Obama's economy.

Obama's 2016 only had 1.6% real GDP growth.

debt growth is > 2.5 x GDP growth.

What was debt growth under Obama?

Budget deficit was decreasing under Obama.


What was debt growth under Obama?
You know dunce is not going to answer.
 
It's very arguable that the spike in 2017 through to early 2018 was a continuation of Obama's economy.

Trump even achieved a low of 1.1% in q3 2018.

Everything about Trump is bogus. He inherited his wealth and supplemented it with Russian mob money when he faced bankruptcy.

Trump inherited a healthy growing economy from Obama and expert economic consensus is that Trump will cause a recession.

The only thing growing under Trump's dead hand is the government debt which is growing at record rates. It's 'yooj' and burgeoning as debt growth is > 2.5 x GDP growth. This is unsustainable and Donald Trump's bogus casino economy is headed for a bust.

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch
Boeing’s troubles, trade disruption and a tight job market held back growth last year, and a more subdued expansion appears to lie ahead.


By Patricia Cohen

  • Jan. 30, 2020
The government’s latest economic scorecard arrived on Thursday, offering fresh evidence that the economy continues to grow, but at a frustratingly slow pace.

As the nation heads toward a presidential election, the question is whether voters will view steady but unspectacular growth as a sign that President Trump’s handling of the economy has succeeded or stumbled.

Gross domestic product, which measures the value of goods and services produced inside the United States, grew at a 2.1 percent annual rate between October and December, the same as the previous three months, according to preliminary data released by the Commerce Department. As for 2019 as a whole, the report shows that the economy turned in a weaker annual showing than it did in 2017 and 2018.

In previous decades, growth that consistently fell below 3 percent would have been seen as distressing. Now most economists — at least those outside the administration — see normal growth circling the 2 percent mark.

Trump inherited Obamas economy and took credit for the spike when he did nothing to make it happen. But his base is so full of racism they were more than glad to give trump credit so they could keep denigrating Obama. We can't afford 4 more years of trump. Literally.
If Obama’s economy was sooooooooooooo great why did food stamps increase by a whopping 70%?
 
It's very arguable that the spike in 2017 through to early 2018 was a continuation of Obama's economy.

Trump even achieved a low of 1.1% in q3 2018.

Everything about Trump is bogus. He inherited his wealth and supplemented it with Russian mob money when he faced bankruptcy.

Trump inherited a healthy growing economy from Obama and expert economic consensus is that Trump will cause a recession.

The only thing growing under Trump's dead hand is the government debt which is growing at record rates. It's 'yooj' and burgeoning as debt growth is > 2.5 x GDP growth. This is unsustainable and Donald Trump's bogus casino economy is headed for a bust.

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch
Boeing’s troubles, trade disruption and a tight job market held back growth last year, and a more subdued expansion appears to lie ahead.


By Patricia Cohen

  • Jan. 30, 2020
The government’s latest economic scorecard arrived on Thursday, offering fresh evidence that the economy continues to grow, but at a frustratingly slow pace.

As the nation heads toward a presidential election, the question is whether voters will view steady but unspectacular growth as a sign that President Trump’s handling of the economy has succeeded or stumbled.

Gross domestic product, which measures the value of goods and services produced inside the United States, grew at a 2.1 percent annual rate between October and December, the same as the previous three months, according to preliminary data released by the Commerce Department. As for 2019 as a whole, the report shows that the economy turned in a weaker annual showing than it did in 2017 and 2018.

In previous decades, growth that consistently fell below 3 percent would have been seen as distressing. Now most economists — at least those outside the administration — see normal growth circling the 2 percent mark.

Trump inherited Obamas economy and took credit for the spike when he did nothing to make it happen. But his base is so full of racism they were more than glad to give trump credit so they could keep denigrating Obama. We can't afford 4 more years of trump. Literally.

If Obama’s economy was sooooooooooooo great why did food stamps increase by a whopping 70%?

Trump family discovering how to get caviar and champagne on food stamps?
 
It's very arguable that the spike in 2017 through to early 2018 was a continuation of Obama's economy.

Trump even achieved a low of 1.1% in q3 2018.

Everything about Trump is bogus. He inherited his wealth and supplemented it with Russian mob money when he faced bankruptcy.

Trump inherited a healthy growing economy from Obama and expert economic consensus is that Trump will cause a recession.

The only thing growing under Trump's dead hand is the government debt which is growing at record rates. It's 'yooj' and burgeoning as debt growth is > 2.5 x GDP growth. This is unsustainable and Donald Trump's bogus casino economy is headed for a bust.

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch
Boeing’s troubles, trade disruption and a tight job market held back growth last year, and a more subdued expansion appears to lie ahead.


By Patricia Cohen

  • Jan. 30, 2020
The government’s latest economic scorecard arrived on Thursday, offering fresh evidence that the economy continues to grow, but at a frustratingly slow pace.

As the nation heads toward a presidential election, the question is whether voters will view steady but unspectacular growth as a sign that President Trump’s handling of the economy has succeeded or stumbled.

Gross domestic product, which measures the value of goods and services produced inside the United States, grew at a 2.1 percent annual rate between October and December, the same as the previous three months, according to preliminary data released by the Commerce Department. As for 2019 as a whole, the report shows that the economy turned in a weaker annual showing than it did in 2017 and 2018.

In previous decades, growth that consistently fell below 3 percent would have been seen as distressing. Now most economists — at least those outside the administration — see normal growth circling the 2 percent mark.

It's very arguable that the spike in 2017 through to early 2018 was a continuation of Obama's economy.

Obama's 2016 only had 1.6% real GDP growth.

debt growth is > 2.5 x GDP growth.

What was debt growth under Obama?

Budget deficit was decreasing under Obama.
Denizen:

"Do not believe these silly rumors about The Earth being Round. Obama says it's flat and I am a believer."
Map-Here-be-Dragons.gif
 
Last edited:
It's very arguable that the spike in 2017 through to early 2018 was a continuation of Obama's economy.

Trump even achieved a low of 1.1% in q3 2018.

Everything about Trump is bogus. He inherited his wealth and supplemented it with Russian mob money when he faced bankruptcy.

Trump inherited a healthy growing economy from Obama and expert economic consensus is that Trump will cause a recession.

The only thing growing under Trump's dead hand is the government debt which is growing at record rates. It's 'yooj' and burgeoning as debt growth is > 2.5 x GDP growth. This is unsustainable and Donald Trump's bogus casino economy is headed for a bust.

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch
Boeing’s troubles, trade disruption and a tight job market held back growth last year, and a more subdued expansion appears to lie ahead.


By Patricia Cohen

  • Jan. 30, 2020
The government’s latest economic scorecard arrived on Thursday, offering fresh evidence that the economy continues to grow, but at a frustratingly slow pace.

As the nation heads toward a presidential election, the question is whether voters will view steady but unspectacular growth as a sign that President Trump’s handling of the economy has succeeded or stumbled.

Gross domestic product, which measures the value of goods and services produced inside the United States, grew at a 2.1 percent annual rate between October and December, the same as the previous three months, according to preliminary data released by the Commerce Department. As for 2019 as a whole, the report shows that the economy turned in a weaker annual showing than it did in 2017 and 2018.

In previous decades, growth that consistently fell below 3 percent would have been seen as distressing. Now most economists — at least those outside the administration — see normal growth circling the 2 percent mark.

It's very arguable that the spike in 2017 through to early 2018 was a continuation of Obama's economy.

Obama's 2016 only had 1.6% real GDP growth.

debt growth is > 2.5 x GDP growth.

What was debt growth under Obama?

Budget deficit was decreasing under Obama.
Denizen:

"Do not believe these silly rumors about The Earth being Round. Obama says it's flat and I am a believer."
Map-Here-be-Dragons.gif

You are one-dimensional, thick.
 
It's very arguable that the spike in 2017 through to early 2018 was a continuation of Obama's economy.

Trump even achieved a low of 1.1% in q3 2018.

Everything about Trump is bogus. He inherited his wealth and supplemented it with Russian mob money when he faced bankruptcy.

Trump inherited a healthy growing economy from Obama and expert economic consensus is that Trump will cause a recession.

The only thing growing under Trump's dead hand is the government debt which is growing at record rates. It's 'yooj' and burgeoning as debt growth is > 2.5 x GDP growth. This is unsustainable and Donald Trump's bogus casino economy is headed for a bust.

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch
Boeing’s troubles, trade disruption and a tight job market held back growth last year, and a more subdued expansion appears to lie ahead.


By Patricia Cohen

  • Jan. 30, 2020
The government’s latest economic scorecard arrived on Thursday, offering fresh evidence that the economy continues to grow, but at a frustratingly slow pace.

As the nation heads toward a presidential election, the question is whether voters will view steady but unspectacular growth as a sign that President Trump’s handling of the economy has succeeded or stumbled.

Gross domestic product, which measures the value of goods and services produced inside the United States, grew at a 2.1 percent annual rate between October and December, the same as the previous three months, according to preliminary data released by the Commerce Department. As for 2019 as a whole, the report shows that the economy turned in a weaker annual showing than it did in 2017 and 2018.

In previous decades, growth that consistently fell below 3 percent would have been seen as distressing. Now most economists — at least those outside the administration — see normal growth circling the 2 percent mark.

Trump inherited Obamas economy and took credit for the spike when he did nothing to make it happen. But his base is so full of racism they were more than glad to give trump credit so they could keep denigrating Obama. We can't afford 4 more years of trump. Literally.

If Obama’s economy was sooooooooooooo great why did food stamps increase by a whopping 70%?

Trump family discovering how to get caviar and champagne on food stamps?
Come back to USMB when you figure out how to extract your head from Obama's ass. The Lack of Oxygen is making you incoherent.
 
It's very arguable that the spike in 2017 through to early 2018 was a continuation of Obama's economy.

Trump even achieved a low of 1.1% in q3 2018.

Everything about Trump is bogus. He inherited his wealth and supplemented it with Russian mob money when he faced bankruptcy.

Trump inherited a healthy growing economy from Obama and expert economic consensus is that Trump will cause a recession.

The only thing growing under Trump's dead hand is the government debt which is growing at record rates. It's 'yooj' and burgeoning as debt growth is > 2.5 x GDP growth. This is unsustainable and Donald Trump's bogus casino economy is headed for a bust.

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch
Boeing’s troubles, trade disruption and a tight job market held back growth last year, and a more subdued expansion appears to lie ahead.


By Patricia Cohen

  • Jan. 30, 2020
The government’s latest economic scorecard arrived on Thursday, offering fresh evidence that the economy continues to grow, but at a frustratingly slow pace.

As the nation heads toward a presidential election, the question is whether voters will view steady but unspectacular growth as a sign that President Trump’s handling of the economy has succeeded or stumbled.

Gross domestic product, which measures the value of goods and services produced inside the United States, grew at a 2.1 percent annual rate between October and December, the same as the previous three months, according to preliminary data released by the Commerce Department. As for 2019 as a whole, the report shows that the economy turned in a weaker annual showing than it did in 2017 and 2018.

In previous decades, growth that consistently fell below 3 percent would have been seen as distressing. Now most economists — at least those outside the administration — see normal growth circling the 2 percent mark.

It's very arguable that the spike in 2017 through to early 2018 was a continuation of Obama's economy.

Obama's 2016 only had 1.6% real GDP growth.

debt growth is > 2.5 x GDP growth.

What was debt growth under Obama?

Budget deficit was decreasing under Obama.
Denizen:

"Do not believe these silly rumors about The Earth being Round. Obama says it's flat and I am a believer."
Map-Here-be-Dragons.gif

You are one-dimensional, thick.
080d30e055d58c11f721a8e642ecf5a5.jpg
 

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