Trump boom - 2.3% growth for 2017, slowest job growth in 6 years

The economy grew at a 2.6 percent rate to end 2017, the Department of Commerce reported...For all of 2017, GDP growth was 2.3 percent

GDP growth slowed to 2.6 percent to end 2017


Dang! That Trump fella sure turned things around! :rolleyes:
That's not what these Dept of Commerce stats show (from TradingEconomics.com)

And even a 2.3% is a lot better than the 1.2% that Obama left office with, in January 2017.

united-states-gdp-growth.png
 
The economy grew at a 2.6 percent rate to end 2017, the Department of Commerce reported...For all of 2017, GDP growth was 2.3 percent

GDP growth slowed to 2.6 percent to end 2017


Dang! That Trump fella sure turned things around! :rolleyes:
That's not what these Dept of Commerce stats show (from TradingEconomics.com)

And even a 2.3% is a lot better than the 1.2% that Obama left office with, in January 2017.

united-states-gdp-growth.png

Dummy, Q1 includes the following months - Jan, Feb, March. It was two-thirds+ on Trump's term.

Trump promised 4-5% growth and he has yet to post even a SINGLE quarter like that (Obama had a few). He also promised way more job growth than Obama, so far he has had slower growth.
 
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Dummy, Q1 includes the following months - Jan, Feb, March. It was two-thirds+ during Trump's term.
The first quarter of any new presidents term is a reflection of the PAST, outgoing president. Even elementary school kids know that. Point is, you said "For all of 2017, GDP growth was 2.3 percent" This Trading economics graph shows different. Taking away the first (Obama) quarter, it shows GDP growth at 3.1% for 3/4 of the year.

united-states-gdp-growth.png

And as I said, in Obama's last 3 quarters GDP growth was FALLING badly. In Trump's actual first 3 quarters, it was rising nicely. Big victory for Trump.
 
The economy grew at a 2.6 percent rate to end 2017, the Department of Commerce reported...For all of 2017, GDP growth was 2.3 percent

GDP growth slowed to 2.6 percent to end 2017


Dang! That Trump fella sure turned things around! :rolleyes:
That's not what these Dept of Commerce stats show (from TradingEconomics.com)

And even a 2.3% is a lot better than the 1.2% that Obama left office with, in January 2017.

united-states-gdp-growth.png
Wait just a minute there Slick, if Obama owns Tramp's first quarter as president GDP, then he owns the Q1 stock market, and UE rate, etc.
 
Trump promised 4-5% growth and he has yet to post even a SINGLE quarter like that (Obama had a few). He also promised way more job growth than Obama, so far he has had slower growth.
"Yet to post" ? LOL. I don't think Trump promised that he would give us a 4-5% growth in his first 15 months. His term of 4 years is less than 1/3 done, so his promise is still well intact.

And as for slower growth, no, he brought us back from Obama's dreadful FALL of GDP growth from 3.3 down to 1.2, before Trump stepped in, and raised back up to 3.2.
 
Dummy, Q1 includes the following months - Jan, Feb, March. It was two-thirds+ during Trump's term.
The first quarter of any new presidents term is a reflection of the PAST, outgoing president. Even elementary school kids know that.
Now wait just a minute there Slick, Tramp was claiming the stock marker, UE rate, etc, for himself from the point where he won the election.
So you are admitting Tramp is a worthless liar taking credit for Obama's suddenly great economy.
 
Dummy, Q1 includes the following months - Jan, Feb, March. It was two-thirds+ during Trump's term.
The first quarter of any new presidents term is a reflection of the PAST, outgoing president.

Bullshit, the reasonable standard is 1 year, you don't just get to make up whatever suits your immediate argument.

Trump didn't do anything that would be already be reflected in 2017 economy.
 
Bullshit, the reasonable standard is 1 year, you don't just get to make up whatever suits your immediate argument.

Trump didn't do anything that would be already be reflected in 2017 economy.
LOL. Of course he did. he did quite a number of things. Lowering the corporate tax (a lot). Putting tariffs on foreign goods coming here, abolishing catch & release, and getting rid of illegal alien pillagers of our economy ($138 Billion/year remittances$$), encouraging businesses to move back to the USA, reducing business regulation enormously, ...to name a bunch.

And call it how you wish. Obama's economy was SINKING. Trump brought a recovery, and I just showed how. :biggrin:
 
Now wait just a minute there Slick, Tramp was claiming the stock marker, UE rate, etc, for himself from the point where he won the election.
So you are admitting Tramp is a worthless liar taking credit for Obama's suddenly great economy.
Obama's economy was in free fall. Are you OK ?

I'm off the computer right now. Have an actual life going on. Will return (much) later.
 
Bullshit, the reasonable standard is 1 year, you don't just get to make up whatever suits your immediate argument.

Trump didn't do anything that would be already be reflected in 2017 economy.
LOL. Of course he did. he did quite a number of things. Lowering the corporate tax (a lot). Putting tariffs on foreign goods coming here, abolishing catch & release, and getting rid of illegal alien pillagers of our economy ($138 Billion/year remittances$$), encouraging businesses to move back to the USA, reducing business regulation enormously, ...to name a bunch.

And call it how you wish. Obama's economy was SINKING. Trump brought a recovery, and I just showed how. :biggrin:

Wrong, Trump tax cut is for 2018 income, tariffs were also in 2018 and "remittances$$" were alive in well in 2017.

You are seriously clueless.
 
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Now wait just a minute there Slick, Tramp was claiming the stock marker, UE rate, etc, for himself from the point where he won the election.
So you are admitting Tramp is a worthless liar taking credit for Obama's suddenly great economy.
Obama's economy was in free fall. Are you OK ?
If by free fall you mean Obama's unemployment rate, then you would be correct.
 
Dummy, Q1 includes the following months - Jan, Feb, March. It was two-thirds+ during Trump's term.
The first quarter of any new presidents term is a reflection of the PAST, outgoing president.

Bullshit, the reasonable standard is 1 year, you don't just get to make up whatever suits your immediate argument.

Trump didn't do anything that would be already be reflected in 2017 economy.
I remember when Tramp's Q1 GDP came back as 1.2%, the Right said it was due to the severe winter weather, but now that they are trying to hang Tramp's Q1 GDP around Obama's neck, it was Obama policies and not the weather.
 
What is most frightening about the low US economy is the massive Federal deficits required to maintain it.

But for these massive Federal deficits the US would be in a deep recession still.

So anemic growth is better than no growth at all.
 
2017 was Obama's last year of economic influence.
Trump's years begin in 2018
with the tax reform and the revocation of Obama's executive orders.
So Obama's stock market was 26,616 and Tramp's is now 24,777, and Obama's UE rate was 4.1% and Tramp's is now 3.9%.
 
2017 was Obama's last year of economic influence.
Trump's years begin in 2018
with the tax reform and the revocation of Obama's executive orders.
So Obama's stock market was 26,616 and Tramp's is now 24,777, and Obama's UE rate was 4.1% and Tramp's is now 3.9%.
The Obama stimulus could not last forever.

And it was incredibly expensive.

The Trump stimulus will be expensive too.

Don't look a gift horse in the mouth.

We are lucky with what we have got.

But Obama and Trump know they need/needed to stimulate the economy to get re-elected.

In Trumps case it will be for the benefit of Pres. Pence however -- after the impeachment.
 
2017 was Obama's last year of economic influence.
Trump's years begin in 2018
with the tax reform and the revocation of Obama's executive orders.
So Obama's stock market was 26,616 and Tramp's is now 24,777, and Obama's UE rate was 4.1% and Tramp's is now 3.9%.
The Obama stimulus could not last forever.

And it was incredibly expensive.

The Trump stimulus will be expensive too.

Don't look a gift horse in the mouth.

We are lucky with what we have got.

But Obama and Trump know they need/needed to stimulate the economy to get re-elected.

In Trumps case it will be for the benefit of Pres. Pence however -- after the impeachment.

Obama stimulus was passed during Great Recession. That was 870 billion dollars.

Trump's tax-cuts add up to 1.5 Trillion in revenue loss at a time when we have full employment and growing deficits as far as the eye can see.

One of those makes a whole lot less sense.
 
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Wrong, Trump tax cut is for 2018 income, tariffs were also in 2018 and "remittances$$" were alive in well in 2017.

You are seriously clueless.
1. Tax cuts promise is what spurred economic growth, not the cuts themselves. They were promised in 2016.

2. Tariffs promise is what spurred economic growth, not the tariffs themselves. They were promised in 2016.

3. Remittances declined in 2017, because of Trump's abolition of catch & release, and the subsequent increase in deportations.

4. Nice try, though. You are seriously clueless. :biggrin:

 

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