NotfooledbyW
Gold Member
- Jul 9, 2014
- 24,352
- 4,766
- 245
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
So what is all the right wing fuss about TrumpO bringing the greatest economy ever to America.?
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
So what is all the right wing fuss about TrumpO bringing the greatest economy ever to America.?
Last edited: