TrumpO will be the 2nd President in US history “not to have a single year of 3 percent growth”

Toddsterpatriot, post: 22625683
Trump's performance has been better than Obama's.

Not in the way TrumpO says we should be judging performance.m

I notice your choice of words ‘has been”


Have you realized TrumpO is becoming a ‘has been’ the past couple months.

I notice your choice of words ‘has been”

Of course, moron, no one can see the future.
 
Trump rescued America from the economic oblivion under Obama
Trump rescued America from the economic oblivion under Obama

Even in the midst of the economic boom America is enjoying under the stewardship of Donald Trump, Democratic candidates are suggesting we return to the failed policies of Barack Obama. Since President Trump took office two years ago, the national economic engine has been roaring, generating widespread prosperity across every corner of the country.

Our unemployment rate stands at 3.8 percent, a remarkable figure most presidents never achieve during their time in office. The unemployment rate during the first 26 months of the Trump administration averaged 4.1 percent, the lowest rate of any administration since the Bureau of Labor Statistics started tracking the statistic in 1948. The labor market continues growing stronger every month, consistently beating the expectations of all the skeptical establishment economists who continue to forecast an impending recession. The country added a solid 196,000 jobs last month, which comfortably exceeded the predicted increase of 170,000 jobs.

During the first 26 months of the Obama administration, on the other hand, the unemployment rate spiked all the way to 10 percent, and then stayed stubbornly above 9 percent. While those discouraging numbers were in large part a product of the Great Recession, job creation had remained unfortunately sluggish throughout the remainder of his time in office. The official unemployment rate also masked the severity of economic misery under President Obama because a modest increase in part time jobs took attention away from the loss of full time employment opportunities. The result was widespread underemployment, which forced many working families to simply make do with lower incomes.

Under President Trump, full time jobs have rapidly replaced part time jobs, providing workers with the sort of financial stability they need to provide for their families and make long term plans such as saving or college or buying a home. This is no modest achievement, nor is the economic growth over the past two years. In 2016, the final year under President Obama, real gross domestic product grew by just 1.6 percent, which was also the average growth rate during all of his eight years in office. Under President Trump, growth increased to 2.2 percent in 2017, jumped again to 2.9 percent in 2018, and rose to an incredible 3.2 percent earlier this year.

By adopting policies that put our nation first, such as cutting taxes to make businesses more competitive and allow workers to keep more of their paychecks, eliminating wasteful regulations, and protecting our workers from unfair foreign competition by renegotiating outdated trade deals, President Trump has been the polar opposite of his predecessor. President Obama heavily regulated the financial industry in an attempt to reduce economic risk, but this strategy of punishing bankers only ended up dragging down growth. He also championed poorly negotiated trade deals that put our workers at a disadvantage, such as the Trans Pacific Partnership that President Trump wisely scrapped after taking office.

The results of these wildly different approaches speak for themselves. After enduring a moribund “recovery” for eight years under President Obama, the economy shifted into high gear after President Trump took office, and domestic growth has only continued to accelerate ever since. With the 2020 election rapidly turning into a referendum on socialism, it is important to remember that the free market policies of President Trump are what rescued us from the economic calamity brought on by the big government liberalism that the Democrats are still pushing to this day
 
Economic Boom: Media Rewrite History To Credit Obama Instead Of Trump
Economic Boom: Media Rewrite History To Credit Obama Instead Of Trump

.......We seem to recall that the economy was stagnating in 2016 after the weakest recovery from a recession since the Great Depression.
In fact, The New York Times itself described Obama's economy this way in August 2016: "For three quarters in a row, the growth rate of the economy has hovered around a mere 1%. In the last quarter of 2015 and the first quarter of 2016, the economy expanded at feeble annual rates of 0.9% and 0.8%, respectively. The initial reading for the second quarter of this year, released on Friday, was a disappointing 1.2%."

GDP growth decelerated in each of the last three quarters of 2016. And on January 27, 2017, after the government reported that GDP growth for all 2016 was a mere 1.6% — the weakest in five years — the Times announced that "President Trump's target for economic growth just got a little more distant."

That same month, the nonpartisan Congressional Budget Office forecast growth this year would be just 1.9%
........

====================================================================

But under Trump we reached over 3.2% GDP. This thread OP is straight bullshit.


Annual economic growth hits 3 percent, defying predictions of Trump critics
sourcelink

The White House is touting new economic numbers that famous economists once predicted would never happen under President Trump.

The conflicting predictions came early in 2017, when Trump and his official budget proposal forecasted more than 3 percent annual economic growth under his presidency.

The data are in and the economy grew at a 3.1 percent rate from the fourth quarter of 2017 to the fourth quarter of 2018, one measure of annual growth, according to the Bureau of Economic Analysis. That is the first time in 13 years that it’s been over 3 percent, the White House notes. The administration attributes the gains to tax cuts, deregulation and other pro-growth policies.
 
Terri4Trump, post: 22630380
After enduring a moribund “recovery” for eight years under President Obama, the economy shifted into high gear after President Trump took office, and domestic growth has only continued to accelerate ever since.

Can you provide specific data that supports and defines what the hell “shifted into high gear” and “domestic growth has only continued to accelerate“ means.

50A08CE1-6B69-4C61-8E45-ACE48AE566E7.jpeg


I’d like to see the data ttat shows TrumpO's economy hitting some GDP quarters as high as Obama’s

From all the quarterly numbers I’ve seen the economy shifted into a much higher gear under Obama than it did under TrumoO.

The normal way to measure domestic is GDP by quarter and year.

You posted an opinion piece that declares that since TrumpO took office “domestic growth has only continued to accelerate ever since”

That statement makes no sense because it is etched stone that Obama had 2.9 % GDP in 2015 and TrumpO had a high at 2.9 %!in 2018.

I see why your opinion writer does not mention hard data.

TumpO’s economy when looking at overall growth, is no different or better than Obama’s.

You have thus posted political propaganda meant to falsely demean Obama and glorify TrumpO.

So if you understand what is meant by
“high gear” and “domestic growth” and it is based on something other than GDP I exoect you would reply in your own words as to what exactly it is that makes TumpO’s 2.9 better than Obama’s 2.9.
 
Economic Boom: Media Rewrite History To Credit Obama Instead Of Trump
Economic Boom: Media Rewrite History To Credit Obama Instead Of Trump

.......We seem to recall that the economy was stagnating in 2016 after the weakest recovery from a recession since the Great Depression.
In fact, The New York Times itself described Obama's economy this way in August 2016: "For three quarters in a row, the growth rate of the economy has hovered around a mere 1%. In the last quarter of 2015 and the first quarter of 2016, the economy expanded at feeble annual rates of 0.9% and 0.8%, respectively. The initial reading for the second quarter of this year, released on Friday, was a disappointing 1.2%."

GDP growth decelerated in each of the last three quarters of 2016. And on January 27, 2017, after the government reported that GDP growth for all 2016 was a mere 1.6% — the weakest in five years — the Times announced that "President Trump's target for economic growth just got a little more distant."

That same month, the nonpartisan Congressional Budget Office forecast growth this year would be just 1.9%
........

====================================================================

But under Trump we reached over 3.2% GDP. This thread OP is straight bullshit.


Annual economic growth hits 3 percent, defying predictions of Trump critics
sourcelink

The White House is touting new economic numbers that famous economists once predicted would never happen under President Trump.

The conflicting predictions came early in 2017, when Trump and his official budget proposal forecasted more than 3 percent annual economic growth under his presidency.

The data are in and the economy grew at a 3.1 percent rate from the fourth quarter of 2017 to the fourth quarter of 2018, one measure of annual growth, according to the Bureau of Economic Analysis. That is the first time in 13 years that it’s been over 3 percent, the White House notes. The administration attributes the gains to tax cuts, deregulation and other pro-growth policies.
means nothing if it is all being financed.
 
Terri4Trump, post: 22631140
But under Trump we reached over 3.2% GDP. This thread OP is straight bullshit.

...............The data are in and the economy grew at a 3.1 percent rate from the fourth quarter of 2017 to the fourth quarter of 2018, one measure of annual growth, according to the Bureau of Economic Analysis.

The “fourth quarter of 2017 to the fourth quarter of 2018” is not real GDP annual growth. It is not the calculation that I have referenced in this thread.
If the OP on this thread is bullshit tell us that you are certain that the following chart is not based upon BEA data.

5FB76783-1433-479A-AA62-0F43B64781BE.jpeg



If you can’t you are a freakin liar and nothing else.

Give us some kind of sign that you understand the difference between

  • A fourth quarter of 2017 to the fourth quarter of 2018 calculation.
And
  • Real Annual GDP Growth as published by the Bureau of Economic Analysis.

This thread is about the latter.

TrumpO 2.9 2018. Obama 2.9 2015

No bullshit in those numbers.

TrumpO is no better than Obama on Real Annual GDP growth as published by the Bureau of Economic Analysis.
 
Last edited:
Terri4Trump, post: 22630380
After enduring a moribund “recovery” for eight years under President Obama, the economy shifted into high gear after President Trump took office, and domestic growth has only continued to accelerate ever since.

Can you provide specific data that supports and defines what the hell “shifted into high gear” and “domestic growth has only continued to accelerate“ means.

View attachment 267016

I’d like to see the data ttat shows TrumpO's economy hitting some GDP quarters as high as Obama’s

From all the quarterly numbers I’ve seen the economy shifted into a much higher gear under Obama than it did under TrumoO.

The normal way to measure domestic is GDP by quarter and year.

You posted an opinion piece that declares that since TrumpO took office “domestic growth has only continued to accelerate ever since”

That statement makes no sense because it is etched stone that Obama had 2.9 % GDP in 2015 and TrumpO had a high at 2.9 %!in 2018.

I see why your opinion writer does not mention hard data.

TumpO’s economy when looking at overall growth, is no different or better than Obama’s.

You have thus posted political propaganda meant to falsely demean Obama and glorify TrumpO.

So if you understand what is meant by
“high gear” and “domestic growth” and it is based on something other than GDP I exoect you would reply in your own words as to what exactly it is that makes TumpO’s 2.9 better than Obama’s 2.9.

Again?

2019-04-06-X2.jpg
 
Terri4Trump, post: 22630380
After enduring a moribund “recovery” for eight years under President Obama, the economy shifted into high gear after President Trump took office, and domestic growth has only continued to accelerate ever since.

Can you provide specific data that supports and defines what the hell “shifted into high gear” and “domestic growth has only continued to accelerate“ means.

View attachment 267016

I’d like to see the data ttat shows TrumpO's economy hitting some GDP quarters as high as Obama’s

From all the quarterly numbers I’ve seen the economy shifted into a much higher gear under Obama than it did under TrumoO.

The normal way to measure domestic is GDP by quarter and year.

You posted an opinion piece that declares that since TrumpO took office “domestic growth has only continued to accelerate ever since”

That statement makes no sense because it is etched stone that Obama had 2.9 % GDP in 2015 and TrumpO had a high at 2.9 %!in 2018.

I see why your opinion writer does not mention hard data.

TumpO’s economy when looking at overall growth, is no different or better than Obama’s.

You have thus posted political propaganda meant to falsely demean Obama and glorify TrumpO.

So if you understand what is meant by
“high gear” and “domestic growth” and it is based on something other than GDP I exoect you would reply in your own words as to what exactly it is that makes TumpO’s 2.9 better than Obama’s 2.9.

Again?

2019-04-06-X2.jpg

That’s the right chart. It shows that TrumpO and Obama each have one year Annual GDP Growth.

Can we stop the TrumpOroidal delusion that TrumpO’s economy has grown more than Obama’s

2.9 to 2.9 is a tie.

Thanks Maybe Terry4 will get it now.
 
Last edited:
Terri4Trump, post: 22630380
. Under President Trump, growth increased to 2.2 percent in 2017, jumped again to 2.9 percent in 2018, and rose to an incredible 3.2 percent earlier this year.

Read what you posted , idiot.

Specifically this.

jumped again to 2.9 percent in 2018“

Read the OP again.

I cite 2.9 right.

You posted an opinion piece that confirms the truth of my OP and all my subsequent posts.

Yet you call my OP bullshit.’

You are an idiot.

Btw you also posted this: “rose to an incredible 3.2 percent earlier this year.”

That’s one quarter you idiot.

It’s not incredible at all idiot:

Trump is crowing about his 4.1% GDP figure — but he still gets his economic math wrong

The bar on the right is TrumpO.

The taller bars to the left are all Obama’s

21AA4C18-163F-4DBA-BE28-7A0C046CFA09.jpeg
 
Last edited:
Terri4Trump, post: 22630380
. Under President Trump, growth increased to 2.2 percent in 2017, jumped again to 2.9 percent in 2018, and rose to an incredible 3.2 percent earlier this year.

Read what you posted , idiot.

Specifically this.

jumped again to 2.9 percent in 2018“

Read the OP again.

I cite 2.9 right.

You posted an opinion piece that confirms the truth of my OP and all my subsequent posts.

Yet you call my OP bullshit.’

You are an idiot.

Btw you also posted this: “rose to an incredible 3.2 percent earlier this year.”

That’s one quarter you idiot.

It’s not incredible at all idiot:

Trump is crowing about his 4.1% GDP figure — but he still gets his economic math wrong

The bar on the right is TrumpO.

The taller bars to the left are all Obama’s

View attachment 267076

Then you're proud to claim ALL those lower ones too along with those below ZERO.
 
Markle, post: 22633535
hen you're proud to claim ALL those lower ones too along with those below ZERO.

Whats wrong with those?.Obama hit real annual GDP of 2.9% and other high marks with those in the BEA calculations.

TrumpO has only hit 2.9 too. He is still no better than Obama. He still will be the second president never to have a single year GDP growth above 3.0%.

They lower bars were offset by the taller bars which was to the point.

Terry4T posted ttat TrumpO’s 3.2 % GDP FIR Q1 2019 was incredible.

Terri4Trump, post: 22630380,
Under President Trump, growth increased to 2.2 percent in 2017, jumped again to 2.9 percent in 2018, and rose to an incredible 3.2 percent earlier this year.

It was not incredible.

Only idiots think thst. Are you one,
 
Terri4Trump, post: 22633720
Still lying your ass off.


What lie?

You can’t even respond to a specific post let alone cite what you think is a lie.

You posted a link to a report that cites the exact numbers that I’m using.

TrumoO and Obama each have one full year of GDP at 2.9%. It’s a tie.

You must think it’s true. Your source used it.

So, we know it is true that TrumpO said;

"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.

TrumpO peaked at 2.9. The economy is slowing down from a 2018 peak.

That means:

TrumpO will be the 2nd President in US history “not to have a single year of 3 percent growth”

The economy is good. It’s been good and growing for over nine years.

Why are you so offended by the reality that:

TrumpO will be the 2nd President in US history “not to have a single year of 3 percent growth.”

There’s nothing wrong with that.

Why would you call someone a liar for pointing out that in terms of economic growth Obama and Trump have recorded the longest economic expansion in US history when GDP did not exceed 3.0 for a single year?

 
Q2 2019 forecasts plus sub 2% growth in most longer term forecasts are telling us that TrumpO will be the 2nd President in US history “not to have a single year of 3 percent growth” therefore he and his base must eat his own words.

Trump and Obama are tied at 2.9 % best full year of GDP growth.*

Obama 2015 and TrumpO 2018.

*(actually Obama beats Trumpo for a single year when you count last two quarters in 2014 plus first two quarters of 2015.)

According to TrumpO having a single year at 2.9% or less GDP growth 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

Oooops for TrumpOroids: Q2 2019 is being forecast at 1.4 percent. It’s a long way to 3.0% avg for 2019. A really long way to 6% as TrumpO promised we were headed.

Latest forecast: 1.4 percent — June 7, 2019

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2019 is 1.4 percent on June 7, down from 1.5 percent on June 6.

GDPNow - Federal Reserve Bank of Atlanta


View attachment 264799

So what is all the right wing fuss about TrumpO bringing the greatest economy ever to America.?
Trump promised 4% annual growth.

Trump promised 4% plus & stated that 6% was doable.

What a POS con man.
 
Terri4Trump, post: 22633720
Still lying your ass off.

Can you find any recent headlines and proclamations to cut and paste here about the incredible spectacular amazing GDP the Great White MAGA Hope giveth to America.

Or has the rightwing propaganda machine gone silent due to thus?

  • percent — July 1, 2019
    The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2019 is 1.5 percent on July 1, unchanged from June 28.
Federal Reserve Bank Atlanta Update yesterday has the Second Quarter GDP coming in around 1.5%.

That quite a bit below 3.% dontcha think?
 
Terri4Trump, post: 22633720
Still lying your ass off.

Can you find any recent headlines and proclamations to cut and paste here about the incredible spectacular amazing GDP the Great White MAGA Hope giveth to America.

Or has the rightwing propaganda machine gone silent due to thus?

  • percent — July 1, 2019
    The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2019 is 1.5 percent on July 1, unchanged from June 28.
Federal Reserve Bank Atlanta Update yesterday has the Second Quarter GDP coming in around 1.5%.

That quite a bit below 3.% dontcha think?

Federal Reserve Bank Atlanta Update yesterday has the Second Quarter GDP coming in around 1.5%.

That quite a bit below 3.% dontcha think?


Remember when you were sure the first quarter wouldn't break 3%?

That was awesome!
 
Terri4Trump, post: 22633720
Still lying your ass off.

Can you find any recent headlines and proclamations to cut and paste here about the incredible spectacular amazing GDP the Great White MAGA Hope giveth to America.

Or has the rightwing propaganda machine gone silent due to thus?

  • percent — July 1, 2019
    The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2019 is 1.5 percent on July 1, unchanged from June 28.
Federal Reserve Bank Atlanta Update yesterday has the Second Quarter GDP coming in around 1.5%.

That quite a bit below 3.% dontcha think?

Federal Reserve Bank Atlanta Update yesterday has the Second Quarter GDP coming in around 1.5%.

That quite a bit below 3.% dontcha think?


Remember when you were sure the first quarter wouldn't break 3%?

That was awesome!
with an already upward trend. Proof, your guy owns the downturn?
 
Toddsterpatriot, post: 22645288,
Remember when you were sure the first quarter wouldn't break 3%?

No. I have been sure it was not going as high as it did in 2018. That means TrumpO will never have a single year of GDP above 3.0 or more than Obama’s 2.9.

If the second quarter holds at 1.5 as it is doing right now TrumpO can kiss his 3.0+ economy accomplishment goodbye.

His 4.0 prediction shows that what an inept lying ridiculous buffoon your cult master truly is.

You know it too don’t you TrumoOroid.
 

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