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

[NotfooledbyW]

This thread OP is sheer fantasy, ignorance, and flat out lies.

Trump has set economic growth on fire. Here is how he did it
Source CNBC

During his time in office, the economy has achieved feats most experts thought impossible. GDP is growing at a 3 percent-plus rate. The unemployment rate is near a 50-year low. Meanwhile, the stock market has jumped 27 percent amid a surge in corporate profits.

Friday brought another round of good news: Nonfarm payrolls rose by a better-than-expected 201,000 and wages, the last missing piece of the economic recovery, increased by 2.9 percent year over year to the highest level since April 2009. That made it the best gain since the recession ended in June 2009.

What’s it doing in Q2 2019?

 

[Terri4Trump]

I repeat:

Gross Domestic Product, First Quarter 2019 (Third Estimate); Corporate Profits, First Quarter 2019 (Revised Estimate)
Bureau of Economic Analysis

Real gross domestic product (GDP) increased at an annual rate of 3.1 percent in the first quarter of 2019 (table 1), according to the "third" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2018, real GDP increased 2.2 percent.

 

[Camp]

Once again:

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

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 .

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 th e first time in 13 years that it’s been over 3 percent, the White House notes. The administrpresidencyation attributes the gains to tax cuts, deregulation and other pro-growth policies.

sourcelink

You are missing, and changing the topic of the thread. Annual GDP is based on an average of four quarters. So, the OP has proven his point with established factual data. You are using speculative and opinionated partisan data. In order for you to call the OP a liar or contest his analysis, you must show a full calendar year of GDP growth for making the point you are trying to make. Calander year appears to be what you are not grasping.

 

[NotfooledbyW]

Terri4Trump, post: 22621996

I repeat:

Gross Domestic Product, First Quarter 2019 (Third Estimate); Corporate Profits, First Quarter 2019 (Revised Estimate)
Bureau of Economic Analysis

Real gross domestic product (GDP) increased at an annual rate of 3.1 percent in the first quarter of 2019 (table 1), according to the "third" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2018, real GDP increased 2.2 percent.

Idiots repeat their own stupidity.

Unlike you here’s why:

If you want to prostrate yourself before TrumpO for a 3.1 qtr moment then you must do the same for Obama.

Obama 2ea 3.2. plus 1ea 3.3 3.6 4.9. 5.1


See how that works. TrumpO will never beat Obama using your methodology.


So you can quit wasting your time posting headlines and reports that expose your ignorance on the subject quite well.

 

[NotfooledbyW]

Terri4Trump, post: 22621975,

This thread OP is sheer fantasy, ignorance, and flat out lies.

I’m still waiting for you to quite explicitly and specifically point to a lie or even a minor error in my data, criteria or explanations or this quote from TrumoO hinself:

"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


This thread is based on a direct quote from TrumpO.

Are you disputing that he never said that or meant something other than my reading of it.

I think it’s clear.

What lies?

Don’t run.

 

[Terri4Trump]

US GDP estimate for Q3 revised up further, to 3.5 percent - economy

 

[Terri4Trump]

US economy beats 3Q expectations with 3 percent GDP growth

 

[NotfooledbyW]

Once again:

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

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 .

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 th e first time in 13 years that it’s been over 3 percent, the White House notes. The administrpresidencyation attributes the gains to tax cuts, deregulation and other pro-growth policies.

sourcelink

You are missing, and changing the topic of the thread. Annual GDP is based on an average of four quarters. So, the OP has proven his point with established factual data. You are using speculative and opinionated partisan data. In order for you to call the OP a liar or contest his analysis, you must show a full calendar year of GDP growth for making the point you are trying to make. Calander year appears to be what you are not grasping.

"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

Thank you for your excellent summary and explanation there.

I hope it’s not referred to as blah blah blah.

Just want to add that this thread is based upon the single year (calendar year) criteria based upon TrumpO's exact words:

"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

I’m accused of being hateful by some idiot for taking TrumpO up in his very own words.

It would be amusing if there were not so many of those idiots in our always great country.

 

[danielpalos]

Trump has set economic growth on fire. Here is how he did it
Source CNBC
During his time in office, the economy has achieved feats most experts thought impossible. GDP is growing at a 3 percent-plus rate. The unemployment rate is near a 50-year low. Meanwhile, the stock market has jumped 27 percent amid a surge in corporate profits.

Friday brought another round of good news: Nonfarm payrolls rose by a better-than-expected 201,000 and wages, the last missing piece of the economic recovery, increased by 2.9 percent year over year to the highest level since April 2009. That made it the best gain since the recession ended in June 2009.

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

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.

sourcelink

Gross Domestic Product, First Quarter 2019 (Third Estimate); Corporate Profits, First Quarter 2019 (Revised Estimate)
Bureau of Economic Analysis
Real gross domestic product (GDP) increased at an annual rate of 3.1 percent in the first quarter of 2019 (table 1), according to the "third" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2018, real GDP increased 2.2 percent.

Now, what was the OP saying?

It’s not.

You're just a hate-filled liar.

Trump has brought the economy back and that's why he will get re-elected.

How is Trump going to deal with this:
U.S. National Debt Clock : Real Time

 

[NotfooledbyW]

Terri4Trump, post: 22622258,

US economy beats 3Q expectations with 3 percent GDP growth

So you can’t tespond direct to my posts.

Did you read the one that showed Obama had a 5.1% quarter?

That beat expectation too.

Obama wins. TrumpO loses.

At least my way and TrumpO’s way the two president’s are tied and you think I’m hateful.

Keep going.

I like watching TrumpOroids make fools of themselves and then run.

 

[Camp]

Once again:

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

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 .

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 th e first time in 13 years that it’s been over 3 percent, the White House notes. The administrpresidencyation attributes the gains to tax cuts, deregulation and other pro-growth policies.

sourcelink

You are missing, and changing the topic of the thread. Annual GDP is based on an average of four quarters. So, the OP has proven his point with established factual data. You are using speculative and opinionated partisan data. In order for you to call the OP a liar or contest his analysis, you must show a full calendar year of GDP growth for making the point you are trying to make. Calander year appears to be what you are not grasping.

"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

Thank you for your excellent summary and explanation there.

I hope it’s not referred to as blah blah blah.

Just want to add that this thread is based upon the single year (calendar year) criteria based upon TrumpO's exact words:

"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

I’m accused of being hateful by some idiot for taking TrumpO up in his very own words.

It would be amusing if there were not so many of those idiots in our always great country.

Not worried about blah, blah, blah from a new member here who relies on nonsense and is unable to articulate a point without relying on nonsense talking points.

 

[Toddsterpatriot]

Toddsterpatriot, post: 22620886

Nah, my measure is average.

Yes because you are a dumbass.

You must recognize that TrumpO critisized Obama for having not one single year above 3.0..

And the truth that TrumpO has no single year above 2.9 forces you to pretend TrumpO never said what he said.

That’s because you are sucked into TrumpO’s cult.

The reality remains that by TrumpO’s clear and direct way to measure a president’s success or failure on the economy, leaves your cult master not one whit better than Obama.

TrumpO’s way. TrumpO is no better.

So you deny reality by inserting your own reality.

The ‘average’ American has one testicle and one mammary gland.

What does that average have to do with reality.

Think about it idiot.

You must recognize that TrumpO critisized Obama for having not one single year above 3.0..

I do. You must realize that Obama's GDP growth was really weak.

He had the weakest recovery since WWII.

And the truth that TrumpO has no single year above 2.9 forces you to pretend TrumpO never said what he said.

Why would I pretend? He said it.

No one needs to say that Trump's GDP growth has been better than Obama's, because it has.

But I'll say it anyway.

So you deny reality by inserting your own reality.

Irony is ironic.

 

[Toddsterpatriot]

SA

TrumpO has not improved GDP one iota above Obama’s.2.9.

You're lying. Obama's last year GDP was up 1.6%.
2017 was up 2.2%.
2018 was up 2.9%

It’s clear Obama’s ‘single years’ 2.2 or higher up to 2.9 is a total of five.

TrumpO has posted one 2.3 and one 2.9 and 2019 will not get to 3.0 as promised.

GDPNow - Federal Reserve Bank of Atlanta
Latest forecast: 1.5 percent — June 28, 2019 After this morning's personal income and outlays release from the U.S. Bureau of Economic Analysis (BEA), the nowcast of second-quarter real personal consumption expenditures growth decreased from 3.9 percent to 3.7 percent.

How is TrumpO’s economy any better than Obama’s when TrumpO’s GDP number are not better and the current quarter is coming in at 1.5%?

Please tell.

It’s clear Obama’s ‘single years’ 2.2 or higher up to 2.9 is a total of five.

Four, not five.

How is TrumpO’s economy any better than Obama’s

Because Trump's average GDP growth is better. It's called math.

 

[NotfooledbyW]

Toddsterpatriot, post: 22622877,

No one needs to say that Trump's GDP growth has been better than Obama's, because it has.

Try again. How is TrumpO’s 2.9 better than Obama’s 2.9?

 

[Toddsterpatriot]

Toddsterpatriot, post: 22622877,

No one needs to say that Trump's GDP growth has been better than Obama's, because it has.

Try again. How is TrumpO’s 2.9 better than Obama’s 2.9?

How is Trump's average lower than Obozo's?

 

[Terri4Trump]

Toddsterpatriot, post: 22622877,

No one needs to say that Trump's GDP growth has been better than Obama's, because it has.

Try again. How is TrumpO’s 2.9 better than Obama’s 2.9?

View attachment 266889

How is Trump's average lower than Obozo's?

You can't argue with that dope. Look at his screen name. He is still obsessed with W.

LOL

 

[NotfooledbyW]

Toddsterpatriot, post: 22623177,

How is TrumpO’s economy any better than Obama’s

Because Trump's average GDP growth is better. It's called math.

TrumpO did not cite Obama’s average GDP.

"Obama is the first president in modern history not to have a single year of 3 percent growth,"

He cited ‘single year’ under 3.0 as being a failure.

Obama made it to 2.9 in 2015.

TrumpO made it to 2.9 in 2018.

How is TrumpO’s 2.9 ‘single year’ better than Obama’s ‘single year’ ?

In TrumpO own way of measuring presidential success or failure on the economy TrumoO is not one fraction of a percentage point better than Obama.

Why can’t you admit that?

 

[Toddsterpatriot]

Toddsterpatriot, post: 22623177,

How is TrumpO’s economy any better than Obama’s

Because Trump's average GDP growth is better. It's called math.

TrumpO did not cite Obama’s average GDP.

"Obama is the first president in modern history not to have a single year of 3 percent growth,"

He cited ‘single year’ under 3.0 as being a failure.

Obama made it to 2.9 in 2015.

TrumpO made it to 2.9 in 2018.

How is TrumpO’s 2.9 ‘single year’ better than Obama’s ‘single year’ ?

In TrumpO own way of measuring presidential success or failure on the economy TrumoO is not one fraction of a percentage point better than Obama.

Why can’t you admit that?

TrumpO did not cite Obama’s average GDP.

And I did. Trump's average is better than Obozo's.

Why can't you admit that?

 

[NotfooledbyW]

You can't argue with that dope. Look at his screen name. He is still obsessed with W.

How would you know that. You have not argued anything or is expressed what you think I’m lying about.

Nothing.

Funny you ducked behind TP and comment on my screen name but can’t defend your stupid crap posts celebrating TrumpO’s 3.1 quarter after I point out Obama had several quarters over 3.0 and over 4 and yes over 5.

So you are a dumbass proving that you are even dumber since your fellow Trump cultist TP has damn well conceded that TrumpO can’t beat Obama based on straight comparison to single year GDP. TP is off on an average GDP comparison.

The problem with that way is it is not based on what TrumoO said plus the fact that Obama’s average is over eight years and TrumpO is over two year.

Over that eight year span there were some slow downs. Of course there are. The economy ebbs and flows.

TrumpO’s slow down is in progress as we speak.

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.

We can’t know his final average until he is gone. A 1.5 for Q2 2019 certainly will bring TrumpO’s average GDP down.

TrumpO will never see 3.0 GDP SINGLE YEAR or higher ever.

Stay stupid and think he already had and will continue.

That’s where you are.

Stubbornly and blindly stupid and you dont mind proving it with every post.

 

[NotfooledbyW]

Toddsterpatriot, post: 22623841

Trump's average is better than Obozo's.

Why can't you admit that?

TrumpO’s average is not final.

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.

And TrumpO’s average does not include the impact of beginning his term winding down a huge recesssion with double digit unemployment.

Average means very little right now so we are going by a more exact measure.

TrumpO’s measure:

"Obama is the first president in modern history not to have a single year of 3 percent growth,"

If Obama had a weak record in the economy because of that - TrumpO set the bar at 3.0 and no matter his final average he still did no move the economy across his own bar.

He needs to STFU about having the greatest economy ever. It’s no better than Obama’s by his own criteria.