Q1 2019 watch - if under 3.0% - where is Trump’s economic miracle - can Trump beat O’s 2.9% ever?

Toddsterpatriot, post: 22164598,
Can Trump beat Obama's 1.6%?

He would still have to beat Obama’s 2.9 and he has not?

He doesn't need to break 2.9% to beat Obama's 1.6% average.

Moved_Goalposts_Poster.jpg
 
He will crush it if congress approves his trade deals

What trade deals? NAFTA 2.0 is the only one's he's done. Canada was the big winner in that one. The US got nothing.

Um, Canada got screwed with the USMCA deal...

You just proved you do not have nary a clue what is actually in the deal.

'Prime Minister Justin Trudeau. There might not be a lot of love lost between Trump and Trudeau, but in the end, Trudeau didn’t cave much on his key issues: dairy and Chapter 19, the treaty’s dispute resolution mechanism. Trudeau held out and got what he wanted: Canada’s dairy supply management system stays mostly intact, and Chapter 19 remains in place, a win for the Canadian lumber sector. On dairy, Canada is mainly giving U.S. farmers more ability to sell milk protein concentrate, skim milk powder and infant formula. On top of the substantive issues, Trump went out of his way to criticize the Canadian negotiating team in the final days of deliberations, which Trudeau can play up as a sign of just how hard his staff fought on this deal.'

Winners and losers of the ‘USMCA’ trade deal


PLUS, it looks like Canada will not even ratify it.

Bloomberg - Are you a robot?


I suggest you stick to whatever the hell it is you do know.

Because USMCA AIN'T it.

Have a nice day.

Canadian Economy Halts – GDP Growth Drops to 0.1 Percent, and No-One Is Talking About Why…

Within the new USMCA the critically important NAFTA loophole was closed.

Over the past three decades both Canada and Mexico structured key parts of their independent trade agreements to take advantage of their unique access to the U.S. market. Under the existing NAFTA, Mexico and Canada generate billions in economic activity through exploiting the NAFTA loophole.

China, Asia (writ large), and the EU enter into trade agreements with Mexico and Canada as back-doors into the U.S. market. So long as corporations can avoid U.S. tariffs (and rules of origin that pertain to those tariffs), by going through Canada and Mexico they would continue to exploit this approach.

By shipping parts to Mexico and/or Canada; and by deploying satellite assembly facilities in Canada and/or Mexico; China, Asia and to a lesser extent EU corporations exploited a NAFTA loophole for rules of origin on finished goods.

Through a process of building, assembling or partially manufacturing their products in Mexico/Canada those foreign corporations could skirt U.S. trade tariffs and direct U.S. trade agreements. The finished foreign products entered the U.S. under NAFTA rules.

Why deal with the U.S. when you can just deal with Mexico, and use NAFTA rules to ship your product directly into the U.S. market?

This exploitative approach, a backdoor to the U.S. market, was the primary reason for massive foreign investment in Canada and Mexico; it was also the primary reason why candidate Donald Trump, now President Donald Trump, wanted to shut down that loophole and renegotiate NAFTA.

At the conclusion of Round #6, just before giving up on Chrystia Freeland for good, this was the direct issue at the heart of a very frustrated U.S.T.R. Lighthizer’s strongly worded response to Canada:

[…] In another proposal, Canada reserved the right to treat the United States and Mexico even worse than other countries if they enter into future agreements. Those other countries may, in fact, even include China, if there is an agreement between China and [Canada]. This proposal, I think if the United States had made it, would be dubbed a “poison pill.” We did not make it, though. Obviously, this is unacceptable to us, and my guess is it is to the Mexican side also. (read full remarks)

This loophole was the primary reason U.S. manufacturers relocated operations to Mexico. Corporations within the U.S. Auto-Sector could enhance profits by building in Mexico or Canada using cheap parts imported from Asia/China. The labor factor was not as big a part of the overall cost consideration as cheaper machined parts and imported raw materials.

If the U.S. applied the same tariffs to Canada and Mexico we apply to all trade nations, then the benefit of using Canada and Mexico -by those trade nations- is lost.

Corporations will no longer have any advantage, and many are likely to just deal directly with the U.S. This was the reason Trump, Lighthizer and Ross to retained Steel and Aluminum tariffs on Canada and Mexico until they agreed to the new USMCA rules.

When Trump took away the flawed NAFTA market access; and when Trump removed the ability of Mexico and Canada to broker themselves for economic benefit; there was no longer a financial benefit behind corporations investing in Canada. Under a binding trade pact between the USMCA partners, the NAFTA flaw is closed.

As a direct outcome billions of investment dollars are now being removed from any future consideration into Canada.

That’s the overarching reason for the Canadian GDP to halt.

Here’s the proverbial $64,000 question: Can Canada re-engineer their economy and actually begin to “make” products again, not just simply “assemble” foreign products from other nations?

  • Can Canada reverse three-decades of specifically structured economic policy decisions that were centered around this “assembly” (brokered) economy?
  • Can the environmentalists be put back into a box while heavy manufacturing and raw material development are reconstituted?
  • Can the environmentalists allow natural resource development? Oil development, mining operations, lowered overall energy costs, etc?
  • Can Canada somehow lower national energy costs so that Heavy manufacturing might consider restarting? (NOTE: heavy manufacturing requires massive energy use.)
  • Can Canada find any industrial development investors who would be willing to take a chance on all the above?
See the problem?

The Canadian economy is not likely going to get better without a radical shift in Canadian political perspectives and outlook(s).

Then again, perhaps that’s really why Justin and Chrystia were so damned set on protecting their “cultural industries” (ie. media) from competition.

Think about it.

Canadian Economy Halts – GDP Growth Drops to 0.1 Percent, and No-One Is Talking About Why…
 
Toddsterpatriot, post: 22164598,
Can Trump beat Obama's 1.6%?

He would still have to beat Obama’s 2.9 and he has not?

He doesn't need to break 2.9% to beat Obama's 1.6% average.

Wow you are a total partisan asshole.

Why the hell else would you compare 2009 middle of recession economy Obama was handed off to what Trump was given?

Middle of recession? The recession ended in June 2009.
Feel free to subtract Q1 2009 and Q2 2009 and get back to me with Obama's performance.
 
Toddsterpatriot, post: 22164598,
Can Trump beat Obama's 1.6%?

He would still have to beat Obama’s 2.9 and he has not?

He doesn't need to break 2.9% to beat Obama's 1.6% average.

Wow you are a total partisan asshole.

Why the hell else would you compare 2009 middle of recession economy Obama was handed off to what Trump was given?

Middle of recession? The recession ended in June 2009.
Feel free to subtract Q1 2009 and Q2 2009 and get back to me with Obama's performance.

Feel free to go fuck yourself and your completely partisan bullshit.

Economy had to digest 8 trillion dollar loss at the end of the recession, what loss did economy need to get through in the past two years?

The growth pattern since Trump got into office is not very different from what we’ve had under Obama, which is in total contradiction what Trump was promising when he ran and pushed for 1.5 Trillion dollar tax-cut stimulus.
 
Last edited:
Here’s the record thru 2018:
View attachment 254781

U.S. - GDP growth by year 1990-2017 | Statista

Trump and Obama are tied a 2.9 Best full year of GDP growth.

Do you think Trump’s Q1 this year will break the tie and boost Trump to 3.0 or more?

Do you believe Trump will ever get a full year of GDP growth this high?

View attachment 254787

Some experts - The liberal fake news WSJ is forecasting 1.4% for Q1.


Trump supporters tell us your forecast?

What happens if Trump’s third year ends (GDP-wise) anywhere below Obama’s 2.9% in 2015?

According to Trump 2.9 is anemic and weak.

"Obama is the first president in modern history not to have a single year of 3 percent growth," Trump said during an Oct. 28 campaign rally in Manchester, N.H.

Trump's claim about Obama's weak economic growth is limited

Do you think Trump will be the second president in modern history not to have a single year of 3 percent growth,"

What does an “anemic” Trump do for Obama’s legacy?
  • Moving forward, there are reasons to believe that growth will continue to be slower than was originally hoped. Annual U.S. GDP growth exceeding 3.0 percent, as experienced in the mid- to late 1990s and mid-2000s, is not expected to be attainable over the coming decade.
The U.S. economy to 2022: settling into a new normal : Monthly Labor Review: U.S. Bureau of Labor Statistics

Are we settling into a new normal that is not so horrible without 3% sustained GDP growth?

You fools are pathetic.

We have a great economy, UE the lowest its been sinc 69 and jobs, jobs and more jobs around the country. Yet all you pathetic little shits can do is bring up a GDP??

You sure are whinny little shits without one ounce of common sense.

Pathetic.
You think GDP doesn’t matter dumbass? Talk about stupid shits

Of course it matters dumbass. And the fact that its not what was wanted isn't important. Shit happens and always will no matter who is in the WH.

You sure are a whinny little shit.
 
He will crush it if congress approves his trade deals

What trade deals? NAFTA 2.0 is the only one's he's done. Canada was the big winner in that one. The US got nothing.

Um, Canada got screwed with the USMCA deal...

You just proved you do not have nary a clue what is actually in the deal.

'Prime Minister Justin Trudeau. There might not be a lot of love lost between Trump and Trudeau, but in the end, Trudeau didn’t cave much on his key issues: dairy and Chapter 19, the treaty’s dispute resolution mechanism. Trudeau held out and got what he wanted: Canada’s dairy supply management system stays mostly intact, and Chapter 19 remains in place, a win for the Canadian lumber sector. On dairy, Canada is mainly giving U.S. farmers more ability to sell milk protein concentrate, skim milk powder and infant formula. On top of the substantive issues, Trump went out of his way to criticize the Canadian negotiating team in the final days of deliberations, which Trudeau can play up as a sign of just how hard his staff fought on this deal.'

Winners and losers of the ‘USMCA’ trade deal


PLUS, it looks like Canada will not even ratify it.

Bloomberg - Are you a robot?


I suggest you stick to whatever the hell it is you do know.

Because USMCA AIN'T it.

Have a nice day.

Canadian Economy Halts – GDP Growth Drops to 0.1 Percent, and No-One Is Talking About Why…

Within the new USMCA the critically important NAFTA loophole was closed.

Over the past three decades both Canada and Mexico structured key parts of their independent trade agreements to take advantage of their unique access to the U.S. market. Under the existing NAFTA, Mexico and Canada generate billions in economic activity through exploiting the NAFTA loophole.

China, Asia (writ large), and the EU enter into trade agreements with Mexico and Canada as back-doors into the U.S. market. So long as corporations can avoid U.S. tariffs (and rules of origin that pertain to those tariffs), by going through Canada and Mexico they would continue to exploit this approach.

By shipping parts to Mexico and/or Canada; and by deploying satellite assembly facilities in Canada and/or Mexico; China, Asia and to a lesser extent EU corporations exploited a NAFTA loophole for rules of origin on finished goods.

Through a process of building, assembling or partially manufacturing their products in Mexico/Canada those foreign corporations could skirt U.S. trade tariffs and direct U.S. trade agreements. The finished foreign products entered the U.S. under NAFTA rules.

Why deal with the U.S. when you can just deal with Mexico, and use NAFTA rules to ship your product directly into the U.S. market?

This exploitative approach, a backdoor to the U.S. market, was the primary reason for massive foreign investment in Canada and Mexico; it was also the primary reason why candidate Donald Trump, now President Donald Trump, wanted to shut down that loophole and renegotiate NAFTA.

At the conclusion of Round #6, just before giving up on Chrystia Freeland for good, this was the direct issue at the heart of a very frustrated U.S.T.R. Lighthizer’s strongly worded response to Canada:

[…] In another proposal, Canada reserved the right to treat the United States and Mexico even worse than other countries if they enter into future agreements. Those other countries may, in fact, even include China, if there is an agreement between China and [Canada]. This proposal, I think if the United States had made it, would be dubbed a “poison pill.” We did not make it, though. Obviously, this is unacceptable to us, and my guess is it is to the Mexican side also. (read full remarks)

This loophole was the primary reason U.S. manufacturers relocated operations to Mexico. Corporations within the U.S. Auto-Sector could enhance profits by building in Mexico or Canada using cheap parts imported from Asia/China. The labor factor was not as big a part of the overall cost consideration as cheaper machined parts and imported raw materials.

If the U.S. applied the same tariffs to Canada and Mexico we apply to all trade nations, then the benefit of using Canada and Mexico -by those trade nations- is lost.

Corporations will no longer have any advantage, and many are likely to just deal directly with the U.S. This was the reason Trump, Lighthizer and Ross to retained Steel and Aluminum tariffs on Canada and Mexico until they agreed to the new USMCA rules.

When Trump took away the flawed NAFTA market access; and when Trump removed the ability of Mexico and Canada to broker themselves for economic benefit; there was no longer a financial benefit behind corporations investing in Canada. Under a binding trade pact between the USMCA partners, the NAFTA flaw is closed.

As a direct outcome billions of investment dollars are now being removed from any future consideration into Canada.

That’s the overarching reason for the Canadian GDP to halt.

Here’s the proverbial $64,000 question: Can Canada re-engineer their economy and actually begin to “make” products again, not just simply “assemble” foreign products from other nations?

  • Can Canada reverse three-decades of specifically structured economic policy decisions that were centered around this “assembly” (brokered) economy?
  • Can the environmentalists be put back into a box while heavy manufacturing and raw material development are reconstituted?
  • Can the environmentalists allow natural resource development? Oil development, mining operations, lowered overall energy costs, etc?
  • Can Canada somehow lower national energy costs so that Heavy manufacturing might consider restarting? (NOTE: heavy manufacturing requires massive energy use.)
  • Can Canada find any industrial development investors who would be willing to take a chance on all the above?
See the problem?

The Canadian economy is not likely going to get better without a radical shift in Canadian political perspectives and outlook(s).

Then again, perhaps that’s really why Justin and Chrystia were so damned set on protecting their “cultural industries” (ie. media) from competition.

Think about it.

Canadian Economy Halts – GDP Growth Drops to 0.1 Percent, and No-One Is Talking About Why…

The Last Refuge is a joke of a site. They make FoxNews look like the Washington Post. Whatever they say means NOTHING to me.

'In review, The Last Refuge (Conservative Treehouse) reports news with a strong right wing bias with all stories favoring the right and denigrating the left.'

'Overall, The Last Refuge (Conservative Treehouse) far right biased and borderline questionable based on multiple failed fact checks. This source is one failed fact check from moving to the Questionable list.'

The Last Refuge (Conservative Treehouse) - Media Bias/Fact Check


I suggest you get a source that is UNBIASED...because if this is where you get your 'facts' - you are learning NOTHING.

Have a nice day.
 
Toddsterpatriot, post: 22164598,
Can Trump beat Obama's 1.6%?

He would still have to beat Obama’s 2.9 and he has not?

He doesn't need to break 2.9% to beat Obama's 1.6% average.

Try 2.17% (no one in there right mind counts his first FY as he inherited GWB's GR).

The Strange Ups and Downs of the U.S. Economy Since 1929

So far Trump has averaged only 2.55%. Plus, he is sending the deficit SKYROCKETING. Right now, the deficit is on pace for a $1.3 TRILLION dollar deficit. During a growth period? That is absolutely pathetic.

https://www.fiscal.treasury.gov/files/reports-statements/mts/mts.pdf

Plus the trade deficit is MUCH worse now then when Trump took office (so much for Trump and his trade 'brilliance' - he is a joke on trade).

https://www.census.gov/foreign-trade/Press-Release/current_press_release/exh1.pdf

Plus the DOW has been flat for over a year and 2018 was the first down year for it since the GR.


Your messiah is a macroeconomic loser.
 
Last edited:
Toddsterpatriot, post: 22164598,
Can Trump beat Obama's 1.6%?

He would still have to beat Obama’s 2.9 and he has not?

He doesn't need to break 2.9% to beat Obama's 1.6% average.

Wow you are a total partisan asshole.

Why the hell else would you compare 2009 middle of recession economy Obama was handed off to what Trump was given?

Middle of recession? The recession ended in June 2009.
Feel free to subtract Q1 2009 and Q2 2009 and get back to me with Obama's performance.

Feel free to go fuck yourself and your completely partisan bullshit.

Economy had to digest 8 trillion dollar loss at the end of the recession, what loss did economy need to get through in the past two years?

The growth pattern since Trump got into office is not very different from what we’ve had under Obama, which is in total contradiction what Trump was promising when he ran and pushed for 1.5 Trillion dollar tax-cut stimulus.

Weakest recovery since WWII, but Obama had no responsibility?
What a twat.
 
Jitss617, post: 22164600
He will crush it if congress approves his trade deals

Maybe, but he is rowing against the strong current of not enough workers to keep up with increased opportunities for growth, Baby Boomers retiring, trillion dollar annual deficits, trade deficit growing,

Maybe it’s time to think things through a little better and not make it so much about it all being about him and hie smart and tough he is.
We have many Americans for the job
 
He will crush it if congress approves his trade deals

LOL...really?

Exactly which trade deals are you talking about and where is your link to unbiased, factual proof that to implement these 'trade deals' will radically ('crush') alter the Real GDP Growth?

This should be good for a laugh because I have read some of your posts and you appear COMPLETELY clueless about macroeconomic matters.
I just listen to EXPERTS . Are you a expert? My roommate graduated from Harvard,, economics major.. do you know more then him?
 
He will crush it if congress approves his trade deals

LOL...really?

Exactly which trade deals are you talking about and where is your link to unbiased, factual proof that to implement these 'trade deals' will radically ('crush') alter the Real GDP Growth?

This should be good for a laugh because I have read some of your posts and you appear COMPLETELY clueless about macroeconomic matters.
I just listen to EXPERTS . Are you a expert? My roommate graduated from Harvard,, economics major.. do you know more then him?

LOL...yeah, and I am the Postmaster General. Nice spin, pal.

I will ask again...

exactly which trade deals are you talking about and where is your link to unbiased, factual proof that to implement these 'trade deals' will radically alter ('crush') the Real GDP Growth?
 
He will crush it if congress approves his trade deals

LOL...really?

Exactly which trade deals are you talking about and where is your link to unbiased, factual proof that to implement these 'trade deals' will radically ('crush') alter the Real GDP Growth?

This should be good for a laugh because I have read some of your posts and you appear COMPLETELY clueless about macroeconomic matters.
I just listen to EXPERTS . Are you a expert? My roommate graduated from Harvard,, economics major.. do you know more then him?

LOL...yeah, and I am the Postmaster General. Nice spin, pal.

I will ask again...

exactly which trade deals are you talking about and where is your link to unbiased, factual proof that to implement these 'trade deals' will radically alter ('crush') the Real GDP Growth?
If you don’t know the trade deals I’m talking about,, why would I waste my time with a low iq person?? Bro turn on your internet or tv lol you are information deprived
 
Here’s the record thru 2018:
View attachment 254781

U.S. - GDP growth by year 1990-2017 | Statista

Trump and Obama are tied a 2.9 Best full year of GDP growth.

Do you think Trump’s Q1 this year will break the tie and boost Trump to 3.0 or more?

Do you believe Trump will ever get a full year of GDP growth this high?

View attachment 254787

Some experts - The liberal fake news WSJ is forecasting 1.4% for Q1.


Trump supporters tell us your forecast?

What happens if Trump’s third year ends (GDP-wise) anywhere below Obama’s 2.9% in 2015?

According to Trump 2.9 is anemic and weak.

"Obama is the first president in modern history not to have a single year of 3 percent growth," Trump said during an Oct. 28 campaign rally in Manchester, N.H.

Trump's claim about Obama's weak economic growth is limited

Do you think Trump will be the second president in modern history not to have a single year of 3 percent growth,"

What does an “anemic” Trump do for Obama’s legacy?
  • Moving forward, there are reasons to believe that growth will continue to be slower than was originally hoped. Annual U.S. GDP growth exceeding 3.0 percent, as experienced in the mid- to late 1990s and mid-2000s, is not expected to be attainable over the coming decade.
The U.S. economy to 2022: settling into a new normal : Monthly Labor Review: U.S. Bureau of Labor Statistics

Are we settling into a new normal that is not so horrible without 3% sustained GDP growth?

You fricken loons are, if nothing else, quite entertaining. You piss and moan month after month for the last couple of years, resisting everything and anything possible. Then you want to whine about GDP numbers not reaching a certain level. Why the hell don't ya try contributing for once in your stinkin life.

Moron, what the fuck makes you think we don’t contribute?

You are just making up bullshit because you know you can’t defend Trump selling 4-5% growth and talking about “best economy Eva!!!” while reality is that it’s same ol’ 2.X% growth he was blasting under Obama.

You do realize Obama had a ZERO percent interest rate, right? Dumbass.
 
Here’s the record thru 2018:
View attachment 254781

U.S. - GDP growth by year 1990-2017 | Statista

Trump and Obama are tied a 2.9 Best full year of GDP growth.

Do you think Trump’s Q1 this year will break the tie and boost Trump to 3.0 or more?

Do you believe Trump will ever get a full year of GDP growth this high?

View attachment 254787

Some experts - The liberal fake news WSJ is forecasting 1.4% for Q1.


Trump supporters tell us your forecast?

What happens if Trump’s third year ends (GDP-wise) anywhere below Obama’s 2.9% in 2015?

According to Trump 2.9 is anemic and weak.

"Obama is the first president in modern history not to have a single year of 3 percent growth," Trump said during an Oct. 28 campaign rally in Manchester, N.H.

Trump's claim about Obama's weak economic growth is limited

Do you think Trump will be the second president in modern history not to have a single year of 3 percent growth,"

What does an “anemic” Trump do for Obama’s legacy?
  • Moving forward, there are reasons to believe that growth will continue to be slower than was originally hoped. Annual U.S. GDP growth exceeding 3.0 percent, as experienced in the mid- to late 1990s and mid-2000s, is not expected to be attainable over the coming decade.
The U.S. economy to 2022: settling into a new normal : Monthly Labor Review: U.S. Bureau of Labor Statistics

Are we settling into a new normal that is not so horrible without 3% sustained GDP growth?
I'm not quite sure who this "Statistica" is that your numbers are relying on, or where they get THEIR information from, but I get my information from the US Commerce Dept, Bureau of Econmic Analysis.

And they say that the average GDP growth for 2015 was 2.0% not 2.9%.

united-states-gdp-growth.png


I don't know where you're getting those numbers because the bureau of economic analysis original estimated growth for 2015 was 2.6%. However by the end of the year it was revised up to 2.9%.

The BEA never said growth was 2% in 2015.

Here's the info from the BEA:

2015 economic growth strongest since 2005 - Reuters

The Bureau of Economic Analysis, the government agency that compiles gross domestic product data, said the economy grew 2.9 percent in 2015, an upward revision from the 2.6 percent it had estimated earlier. That was the strongest growth since 2005.
 
You can argue all day long over how Obama did his job, what you cant argue about is the over welling worst mess in 75 years that Obama was handed on day one.
how Trump has handled things from day one is now where the conversation go's.
 
Given trump is spending like we are in a recession we need a lot more growth than we are getting. Deficits are huge.

Yep, so what the heck resist. If you're not part of the solution you're part of the problem....I'm sure you've heard that before.
He's done everything republicans said would lead to great growth. So far it's just great deficits.

And liberals/democrats have done everything they could to hamper any growth.
Which was about nothing the first two years. Repubs had full control. But it's funny you still try to blame dems. Partisans are so very dumb.
False Pubs. And so many more. You Progs had total massive control the first two years of Obama. Somehow we ended up with the bastardization of Obamacare passed near Christmas of 2009 when they were on their way out. And the expansion of the tyranny Patriot Act and other right removal laws. At least they did it. Repubs did nothing when they were on they were on their way out before the last election.




Obamacare wasn't passed in 2009. It passed on March 23, 2010.

No one was out the door in 2009. The election that changed the congress didn't happen that year, it was in 2010.

No one was even thinking about being out the door in 2009 or March 2010. The election was in November 2010 so no one was "on their way out the door" in 2009.

Learn when we have elections.

Learn how to post without lying.
 

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