Navigation
Install the app
How to install the app on iOS
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature currently requires accessing the site using the built-in Safari browser.
More options
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
MAGA! Atlanta FED boosts 2nd quarter GDP forecast,TRIPLE the growth under Obama
- Thread starter Preacher
- Start date
Siete
Platinum Member
- May 19, 2014
- 34,325
- 3,988
- 1,130
Trump adds $9.5 TRILLION $$$ to the deficit - unstoppable.
Rexx Taylor
Platinum Member
- Banned
- #4
unstoppable? you mean like Joe Bidens fingers?
- Apr 12, 2011
- 3,821
- 761
- 130
The 'deficit' now is much less than it's averaged over the previous two presidential terms--Trump adds $9.5 TRILLION $$$ to the deficit - unstoppable.
--and even then it never even topped $1.4T.
Trump adds $9.5 TRILLION $$$ to the deficit - unstoppable.
Sorry far left drone, Obama is no longer in Office, although most of you believed Bush was still office the 8 years of Obama!
Dana7360
Diamond Member
- Aug 6, 2014
- 15,147
- 13,596
- 2,405
That's not triple of what Obama did when he was president.
Here's our GDP by year. What one quarter does is averaged into the year.
We need to wait until the full year is over for what it will be for 2018.
However Obama had it at 4.56% in 2010. He had it at 4.32% in 2013, 4.33% in 2014.
Even though Obama was handed negative .92% growth by the bush boy at the end of 2008. By the end of 2010 Obama had it in a positive number and climbed it.
US GDP Growth Rate by Year
So trump is just continuing what Obama handed him. But taking credit for all of it.
EvilCat Breath
Diamond Member
- Sep 23, 2016
- 76,999
- 53,103
- 2,645
Really
That's not triple of what Obama did when he was president.
Here's our GDP by year. What one quarter does is averaged into the year.
We need to wait until the full year is over for what it will be for 2018.
However Obama had it at 4.56% in 2010. He had it at 4.32% in 2013, 4.33% in 2014.
Even though Obama was handed negative .92% growth by the bush boy at the end of 2008. By the end of 2010 Obama had it in a positive number and climbed it.
US GDP Growth Rate by Year
So trump is just continuing what Obama handed him. But taking credit for all of it.
Did Obama never have a whole year of 3% economic growth?
Crepitus
Diamond Member
- Mar 28, 2018
- 72,815
- 62,937
- 3,615
These same people predicted 5% for the first quarter and we got 2.
They also predicted close to 5% several times towards the end of the Obama administration and the end of 2017. That didn't happen either.
- Apr 1, 2011
- 170,026
- 47,214
- 2,180
Obama never had over 3.0% growth for an entire year. Your statistics are bullshit.
That's not triple of what Obama did when he was president.
Here's our GDP by year. What one quarter does is averaged into the year.
We need to wait until the full year is over for what it will be for 2018.
However Obama had it at 4.56% in 2010. He had it at 4.32% in 2013, 4.33% in 2014.
Even though Obama was handed negative .92% growth by the bush boy at the end of 2008. By the end of 2010 Obama had it in a positive number and climbed it.
US GDP Growth Rate by Year
So trump is just continuing what Obama handed him. But taking credit for all of it.
deanrd
Gold Member
- May 8, 2017
- 29,411
- 3,635
- 290
Thinker101
Diamond Member
- Mar 25, 2017
- 24,397
- 14,351
- 1,415
Yeah, I'm not seeing that 3% GDP, during the Obama years, on your chart there Champ.
AntonToo
Diamond Member
- Jun 13, 2016
- 30,629
- 8,856
- 1,340
Newflash for polticos who don't know what they are reading: Atlanta Fed early forecasts are right about WORTHLESS
2018 Q1 forecast was initially 5+%, was acually 2.2%
Now it maybe that this broken clock will show the right time, THIS TIME, but you really can't count on anything untill BEA Q2 numbers come out on July 27th
Last edited:
Timmy
Gold Member
- Oct 2, 2015
- 22,432
- 2,836
- 290
Fake numbers . 100 million are out of work.
AntonToo
Diamond Member
- Jun 13, 2016
- 30,629
- 8,856
- 1,340
Obama never had over 3.0% growth for an entire year.
Thats wrong.
Obama never had a calendar year 3+% growth, but he did have a full continious year of 3+% GDP growth: 3.7%
2014 Q2 - 4.6%
2014 Q3 - 5.2%
2014 Q4 - 2.0%
2015 Q1 - 3.2%
deanrd
Gold Member
- May 8, 2017
- 29,411
- 3,635
- 290
- Banned
- #16
Me neither. Course, Obama was president for 8 years.
Yeah, I'm not seeing that 3% GDP, during the Obama years, on your chart there Champ.
FACT CHECK: Trump Claims GDP Never Hit 3% Under Obama
Although the economy never reached annual growth of 3 percent under Obama, quarterly growth did surpass 3 percent eight times during his presidency. The highest growth recorded was 5.2 percent in the third quarter of 2014.
----------
Wow, under Obama it even went up to 5.2%? I didn't know that.
deanrd
Gold Member
- May 8, 2017
- 29,411
- 3,635
- 290
- Banned
- #17
Trump did such a good job, he's helping China create jobs at a company that stole technology from the US. What a forgiving guy.
Fake numbers . 100 million are out of work.
Did Trump Vow to Help a Chinese Phone Maker After China Approved Money for a Trump Project?
Thinker101
Diamond Member
- Mar 25, 2017
- 24,397
- 14,351
- 1,415
Me neither. Course, Obama was president for 8 years.
Yeah, I'm not seeing that 3% GDP, during the Obama years, on your chart there Champ.
FACT CHECK: Trump Claims GDP Never Hit 3% Under Obama
Although the economy never reached annual growth of 3 percent under Obama, quarterly growth did surpass 3 percent eight times during his presidency. The highest growth recorded was 5.2 percent in the third quarter of 2014.
----------
Wow, under Obama it even went up to 5.2%? I didn't know that.
Certainly suggests some really sucky quarters would be required to offset the 5.2%.
Dana7360
Diamond Member
- Aug 6, 2014
- 15,147
- 13,596
- 2,405
Obama never had over 3.0% growth for an entire year.
Thats wrong.
Obama never had a calendar year 3+% growth, but he did have a full continious year of 3+% GDP growth: 3.7%
2014 Q2 - 4.6%
2014 Q3 - 5.2%
2014 Q4 - 2.0%
2015 Q1 - 3.2%
It's very convenient to say a president didn't have a certain growth for the whole year.
Growth increases and decreases depending on many factors.
One quarter you'll have great growth. The next not so great.
The way it's usually measured is an average of the 4 quarters. That's for all presidents. Not just those people like.
The truth is that Obama was handed negative growth. He turned it around so now trump has the benefit of Obama's work.
Growth for the year 2010 was 4.56%. In fact Obama had 7 years of growth above 3%. The only time growth was below 3% was the horrible mess of our economy that the bush boy handed to him in 2009. It took Obama 1 year to turn it around.
All that's happening now is a continuation of what Obama started.
I'm curious to see how things are going to be in a year or two after the full effect of the trade war and those irresponsible tax cuts hit the economy.
That will be the real test and outcome of the changes trump and republicans have made to our economy. Those changes don't happen over night. It takes time for their full effect to be seen in the economy.
Similar threads
- Replies
- 12
- Views
- 170
- Replies
- 7
- Views
- 596
- Replies
- 9
- Views
- 323
- Replies
- 68
- Views
- 4K
Forum List
-
-
-
-
-
Political Satire 8087
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
ObamaCare 781
-
-
-
-
-
-
-
-
-
-
-
Member Usernotes 471
-
-
-
-
-
-
-
-
-
-