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

Oldstyle, post: 22611713
Gee, Not Fooled...how do you think Barry's economy would have fared if the Fed hadn't given him near 0% interest rates for most of his two terms in office? Now contrast THAT with the 8 rate increases that Trump has had to absorb since he was elected!

The Fed did what it is supposed to do when dealing with a recession.

Did TrumpO come into office during the worst recession since the Great Depression? No, that was Obama.

TrumpO followed over six years of steady economic growth when he took office.

TrumpO had to know that the Fed needs to raise rates when the economy is growing with low unemployment.

Didn’t he? Or is he stupid about what he the Fed does?

When TrumpO said his tax cuts would produce 4% - 6% GDP thus putting Obama’s economy to shame, he must have known the Fed was doing their quantitative tightening,

TrumpO never qualified in his forecasts time that his promised tax cut economic growth boom required the Fed to cut rates during a period of growth, low unemployment and low inflation.

But never mind all that. Could you please explain why TrumpO’s 2.9% GDP full year is so much better growth than Obama’s 2.9% GDP full year.

How can that be?

I’d really like to get an explanation,
 
Toddsterpatriot, post: 22612096,
Trump's growth is better. Now go get your shine box.

Not according to TrumpO.

TrumpO essentially said Obama’s full year of GDP growth in 2015 sucked at 2.9%

Now you are saying TrumpO’s full year in 2018 at 2.9% is better than Obama’s 2.9%.

Are you really that retarded?

Yes, Trump's growth is better.
 
Oldstyle, post: 22611713
Gee, Not Fooled...how do you think Barry's economy would have fared if the Fed hadn't given him near 0% interest rates for most of his two terms in office? Now contrast THAT with the 8 rate increases that Trump has had to absorb since he was elected!

The Fed did what it is supposed to do when dealing with a recession.

Did TrumpO come into office during the worst recession since the Great Depression? No, that was Obama.

TrumpO followed over six years of steady economic growth when he took office.

TrumpO had to know that the Fed needs to raise rates when the economy is growing with low unemployment.

Didn’t he? Or is he stupid about what he the Fed does?

When TrumpO said his tax cuts would produce 4% - 6% GDP thus putting Obama’s economy to shame, he must have known the Fed was doing their quantitative tightening,

TrumpO never qualified in his forecasts time that his promised tax cut economic growth boom required the Fed to cut rates during a period of growth, low unemployment and low inflation.

But never mind all that. Could you please explain why TrumpO’s 2.9% GDP full year is so much better growth than Obama’s 2.9% GDP full year.

How can that be?

I’d really like to get an explanation,

The Fed did what it is supposed to do when dealing with a recession.

The recession ended in June 2009. They kept rates at 0%-0.25% until Dec 2015.
It's almost like they saw everything else he did to damage the economy.

TrumpO had to know that the Fed needs to raise rates when the economy is growing with low unemployment.

That must be why they didn't raise for 7 years under Obozo and his weak economy.
 
73299CD7-0A96-4340-89D5-DC1AF882705C.png
 
Toddsterpatriot, post: 22613376
The recession ended in June 2009.

So the recession ended eight years before TrumpO cut taxes in order to produce robust economic growth above 4%.

So far removed from the Great Bush recession.

Obama started the longest record breaking economic expansion in US history as a gift to TrumpO.

So when is TrumpO going to be the President that gets a full year of GDP growth above 3%?.

When will TrumpO move the economy above Obama’s 2.9?

GDP is forecast at 1.9% for the second quarter this year. Not even halfway to 4%.

TrumpO better get his fat ass off the golf course and start figuring out how he’s going to get a full year of GDP above the 2.9’% that Obama did.
 
Oldstyle, post: 22611713
Gee, Not Fooled...how do you think Barry's economy would have fared if the Fed hadn't given him near 0% interest rates for most of his two terms in office? Now contrast THAT with the 8 rate increases that Trump has had to absorb since he was elected!

The Fed did what it is supposed to do when dealing with a recession.

Did TrumpO come into office during the worst recession since the Great Depression? No, that was Obama.

TrumpO followed over six years of steady economic growth when he took office.

TrumpO had to know that the Fed needs to raise rates when the economy is growing with low unemployment.

Didn’t he? Or is he stupid about what he the Fed does?

When TrumpO said his tax cuts would produce 4% - 6% GDP thus putting Obama’s economy to shame, he must have known the Fed was doing their quantitative tightening,

TrumpO never qualified in his forecasts time that his promised tax cut economic growth boom required the Fed to cut rates during a period of growth, low unemployment and low inflation.

But never mind all that. Could you please explain why TrumpO’s 2.9% GDP full year is so much better growth than Obama’s 2.9% GDP full year.

How can that be?

I’d really like to get an explanation,

I have no problem at all with the Fed raising interest rates to cool down an economy that was growing at such a fast rate that they were concerned about inflation. That's their job. As for why Trump's numbers are "better" than Obama's? That he's been able to do what he has with the Fed raising it's rate 8 times is nothing short of amazing. It shows what the American economy can do when you have a President who isn't looking to punish success and the making of profits.
 
Toddsterpatriot, post: 22613376
The recession ended in June 2009.

So the recession ended eight years before TrumpO cut taxes in order to produce robust economic growth above 4%.

So far removed from the Great Bush recession.

Obama started the longest record breaking economic expansion in US history as a gift to TrumpO.

So when is TrumpO going to be the President that gets a full year of GDP growth above 3%?.

When will TrumpO move the economy above Obama’s 2.9?

GDP is forecast at 1.9% for the second quarter this year. Not even halfway to 4%.

TrumpO better get his fat ass off the golf course and start figuring out how he’s going to get a full year of GDP above the 2.9’% that Obama did.

Obama started the longest record breaking economic expansion in US history

Yes, Obama's very weak recovery, the weakest since WWII, was very long.
 
Oldstyle, post: 22613923
As for why Trump's numbers are "better" than Obama's? That he's been able to do what he has with the Fed raising it's rate 8 times is nothing short of amazing.

So you understand that 2.9 equals 2.9 and that TrumpO’s economy is in reality no better than Obama’s, but you make excuses for suffering victim TrumpO because he has been so severely disadvantaged and unfairly treated. You also give the Great White MAGA Hope a pass when you know he outright LIES that his economy is the greatest economy ever.

So bold outright lying is fine with you.

Have you lost all your integrity and respect for the truth.
 
A fact: Obama started the longest record breaking economic expansion in US history

Yes, Obama's very weak recovery, the weakest since WWII, was very long.

Yes Bush put the world into the worst recession since prior to WWII and Obama pulled us out of it with the longest expansion in US history.,

Obama’s five years of expansion that immediately preceded TrumpO had GDP growth at 2.2 in 2012; 2.5 in 2014; and 2.9 in 2015.

TrumpO had 2017 at 2.2 without any economic GOP economic policy passed and then 2.9 in 2018.

TrumpO’s economy is virtually identical to Obama’s.

If you call one weak you must call them both weak.

I say they are both equally good.


Current GDP:

Q2 forecast: 1.9 percent — June 26, 2019.

Another forecast due out today.

You must be hoping for a 4.0. being the idiot that you are.
 
Oldstyle, post: 22613923
As for why Trump's numbers are "better" than Obama's? That he's been able to do what he has with the Fed raising it's rate 8 times is nothing short of amazing.

So you understand that 2.9 equals 2.9 and that TrumpO’s economy is in reality no better than Obama’s, but you make excuses for suffering victim TrumpO because he has been so severely disadvantaged and unfairly treated. You also give the Great White MAGA Hope a pass when you know he outright LIES that his economy is the greatest economy ever.

So bold outright lying is fine with you.

Have you lost all your integrity and respect for the truth.

If one race horse is carrying 20 lbs of handicap weight and runs the same time as another horse that has no handicap weight at all...which horse is superior? All I'm pointing out is that Barack Obama's numbers were so weak that the Fed was always reluctant to raise interest rates. Donald Trump's numbers on the other hand are so strong that the Fed has felt comfortable raising them 8 times. What the Fed did then and does now isn't an "excuse"...it's irrefutable evidence that Trump's economy is much stronger than Barack Obama's was.
 
A fact: Obama started the longest record breaking economic expansion in US history

Yes, Obama's very weak recovery, the weakest since WWII, was very long.

Yes Bush put the world into the worst recession since prior to WWII and Obama pulled us out of it with the longest expansion in US history.,

Obama’s five years of expansion that immediately preceded TrumpO had GDP growth at 2.2 in 2012; 2.5 in 2014; and 2.9 in 2015.

TrumpO had 2017 at 2.2 without any economic GOP economic policy passed and then 2.9 in 2018.

TrumpO’s economy is virtually identical to Obama’s.

If you call one weak you must call them both weak.

I say they are both equally good.


Current GDP:

Q2 forecast: 1.9 percent — June 26, 2019.

Another forecast due out today.

You must be hoping for a 4.0. being the idiot that you are.

Yes Bush put the world into the worst recession since prior to WWII and Obama pulled us out of it

You're lying.....again.

Obama’s five years of expansion that immediately preceded TrumpO had GDP growth at 2.2 in 2012; 2.5 in 2014; and 2.9 in 2015.

That's only three years. LOL!
 
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.?
Poor butthurt loser.
 
Ah, now some retarded moron is whining because Trump hasn't been relying on yet another big giant debt Bubble and passing it off as a 'Boom'. lol TDS.
 
Toddsterpatriot, post: 22616102
That's only three years. LOL!

So? What is your point?

Just in:

Latest forecast: 1.5 percent — June 28, 2019
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2019 is 1.5 percent on June 28, down from 1.9 percent on June 26.

TrumpO’s downturn is well on its way as we speak.
 
Toddsterpatriot, post: 22616102
That's only three years. LOL!

So? What is your point?

Just in:

Latest forecast: 1.5 percent — June 28, 2019
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2019 is 1.5 percent on June 28, down from 1.9 percent on June 26.

TrumpO’s downturn is well on its way as we speak.

So? What is your point?

You don't know how to count.
Post all five of Obama's last years in office.
 

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