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- Oct 23, 2018
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- #41
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
The government’s latest economic scorecard arrived on Thursday, offering fresh evidence that the economy continues to grow, but at a frustratingly slow pace.
- Jan. 30, 2020
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.
You are evidently experienced in such matters. Thanks for sharing.