Trump's GDP Growth as bad as Obama's

[easyt65]

NO President's GDP Growth was EVER as bad as Obama's. He is the 1st President NEVER to get to 3% GDP Growth.

Except for the 8 times he had quarterly GDP growth of 3% or greater, including one over 5%. Tramp has never had even one quarter even near 5%.

Ummm, NO:

ONLY US President SINCE THE GREAT DEPRESSION not to hit 3% GDP Growth...

Obama First President Since Great Depression Not to See 3% GDP Growth

 

[easyt65]

'Trump's GDP Growth as bad as Obama's'

NO President's GDP Growth was EVER as bad as Obama's. He is the 1st President NEVER to get to 3% GDP Growth.

The OP should be ashamed of himself.

Bush had negative GDP for five straight quarters

That is much worse than Obama

YOU are DUMB! Here is the graph! Can't you read!
There never were 5 STRAIGHT quarters under GWB that were negative! GEEZ can't you read?

According to the Bureau of Economic Analysis, the percentage change in GDP growth during the third and fourth quarters of the last year of Obama’s final term was 3.5 percent and 1.9 percent, respectively, resulting in an average growth rate of 1.6 percent for 2016.
News Release: Gross Domestic Product
View attachment 171216

ONLY US President SINCE THE GREAT DEPRESSION not to hit 3% GDP Growth...

Obama First President Since Great Depression Not to See 3% GDP Growth

 

[healthmyths]

NO President's GDP Growth was EVER as bad as Obama's. He is the 1st President NEVER to get to 3% GDP Growth.

Except for the 8 times he had quarterly GDP growth of 3% or greater, including one over 5%. Tramp has never had even one quarter even near 5%.

Then dispute with Politifact!

 

[bripat9643]

NO President's GDP Growth was EVER as bad as Obama's. He is the 1st President NEVER to get to 3% GDP Growth.

Except for the 8 times he had quarterly GDP growth of 3% or greater, including one over 5%. Tramp has never had even one quarter even near 5%.

 

[edthecynic]

NO President's GDP Growth was EVER as bad as Obama's. He is the 1st President NEVER to get to 3% GDP Growth.

Except for the 8 times he had quarterly GDP growth of 3% or greater, including one over 5%. Tramp has never had even one quarter even near 5%.

Ummm, NO:

ONLY US President SINCE THE GREAT DEPRESSION not to hit 3% GDP Growth...

Obama First President Since Great Depression Not to See 3% GDP Growth

Learn to read!!!

 

[bripat9643]

NO President's GDP Growth was EVER as bad as Obama's. He is the 1st President NEVER to get to 3% GDP Growth.

Except for the 8 times he had quarterly GDP growth of 3% or greater, including one over 5%. Tramp has never had even one quarter even near 5%.

Ummm, NO:

ONLY US President SINCE THE GREAT DEPRESSION not to hit 3% GDP Growth...

Obama First President Since Great Depression Not to See 3% GDP Growth

Learn to read!!!

He never reached a yearly GDP growth of 3%, nimrod. You're spewing quarterly figures.

 

[NYcarbineer]

NO President's GDP Growth was EVER as bad as Obama's. He is the 1st President NEVER to get to 3% GDP Growth.

Except for the 8 times he had quarterly GDP growth of 3% or greater, including one over 5%. Tramp has never had even one quarter even near 5%.

That's a funny chart given that Reagan had a 16 month recession within his first term.

 

[easyt65]

NO President's GDP Growth was EVER as bad as Obama's. He is the 1st President NEVER to get to 3% GDP Growth.

Except for the 8 times he had quarterly GDP growth of 3% or greater, including one over 5%. Tramp has never had even one quarter even near 5%.

Politifact has been proven to be bias, busted in the past...

 

[bripat9643]

NO President's GDP Growth was EVER as bad as Obama's. He is the 1st President NEVER to get to 3% GDP Growth.

Except for the 8 times he had quarterly GDP growth of 3% or greater, including one over 5%. Tramp has never had even one quarter even near 5%.

That's a funny chart given that Reagan had a 16 month recession within his first term.

This chart shows that his recession was over by the end of his 2nd year:

 

[easyt65]

again, NO PRESIDENT THIS SIDE OF THE GREAT DEPRESSION HAD A WORSE GDP RECORD THAN OBAMA....

"ONLY US President SINCE THE GREAT DEPRESSION not to hit 3% GDP Growth...
- Obama First President Since Great Depression Not to See 3% GDP Growth"

'Nuff said.

 

[healthmyths]

NO President's GDP Growth was EVER as bad as Obama's. He is the 1st President NEVER to get to 3% GDP Growth.

Except for the 8 times he had quarterly GDP growth of 3% or greater, including one over 5%. Tramp has never had even one quarter even near 5%.

That's a funny chart given that Reagan had a 16 month recession within his first term.

So you blame GWB for obama enduring a recession BUT NOT Carter for having these factors?

 

[bripat9643]

again, NO PRESIDENT THIS SIDE OF THE GREAT DEPRESSION HAD A WORSE GDP RECORD THAN OBAMA....

"ONLY US President SINCE THE GREAT DEPRESSION not to hit 3% GDP Growth...
- Obama First President Since Great Depression Not to See 3% GDP Growth"

'Nuff said.

You and NYCARBINEER are comparing apples and oranges. You are talking about GDP growth by year, and he is talking about GDP growth by quarter. Changing the subject without you knowing about it is a way snowflakes lie.

 

[LordBrownTrout]

What happened to that "over 3%" crap?

News Release: Gross Domestic Product

The latest estimate is 2.6% for average GDP growth.

Average of Real GDP and Real GDI … 2.9 2.6

You're reading this all wrong.. The INCREASE you're citing is a PERCENTAGE increase -- quarter to quarter.

NOT the actual GDP numbers for those quarters. Did you wreck that YOURSELF -- or get this bad advice from math/econ illiterate partisan talking points??

Dumbocrats aren't very good in math, because of common core. 1 + 1 to them equals 3. But hey, in common core, they get an average for trying....

Everybody gets a ribbon.

 

[edthecynic]

NO President's GDP Growth was EVER as bad as Obama's. He is the 1st President NEVER to get to 3% GDP Growth.

Except for the 8 times he had quarterly GDP growth of 3% or greater, including one over 5%. Tramp has never had even one quarter even near 5%.

Ummm, NO:

ONLY US President SINCE THE GREAT DEPRESSION not to hit 3% GDP Growth...

Obama First President Since Great Depression Not to See 3% GDP Growth

Learn to read!!!

He never reached a yearly GDP growth of 3%, nimrod. You're spewing quarterly figures.

Neither has Tramp! Tramp is spewing quarterly figures.

 

[NYcarbineer]

NO President's GDP Growth was EVER as bad as Obama's. He is the 1st President NEVER to get to 3% GDP Growth.

Except for the 8 times he had quarterly GDP growth of 3% or greater, including one over 5%. Tramp has never had even one quarter even near 5%.

That's a funny chart given that Reagan had a 16 month recession within his first term.

This chart shows that his recession was over by the end of his 2nd year:

And?

Looks to me like Reagan had a much bigger domestic industrial base to his benefit:

 

[The Derp]

NO President's GDP Growth was EVER as bad as Obama's. He is the 1st President NEVER to get to 3% GDP Growth.

Except for the 8 times he had quarterly GDP growth of 3% or greater, including one over 5%. Tramp has never had even one quarter even near 5%.

Ummm, NO:

ONLY US President SINCE THE GREAT DEPRESSION not to hit 3% GDP Growth...

Obama First President Since Great Depression Not to See 3% GDP Growth

Trump didn't hit 3% GDP annual growth in his first year.

 

[The Derp]

You and NYCARBINEER are comparing apples and oranges. You are talking about GDP growth by year, and he is talking about GDP growth by quarter. Changing the subject without you knowing about it is a way snowflakes lie.

Oh, so you want to talk GDP growth by quarter? Well, Obama had plenty of quarters above 3%:

I count at least 6 quarters with at least 4% GDP GROWTH, and another 5 or so with at least 3% GDP GROWTH

 

[healthmyths]

NO President's GDP Growth was EVER as bad as Obama's. He is the 1st President NEVER to get to 3% GDP Growth.

Except for the 8 times he had quarterly GDP growth of 3% or greater, including one over 5%. Tramp has never had even one quarter even near 5%.

Ummm, NO:

ONLY US President SINCE THE GREAT DEPRESSION not to hit 3% GDP Growth...

Obama First President Since Great Depression Not to See 3% GDP Growth

Trump didn't hit 3% GDP annual growth in his first year.

No question you are right. And NO president in history to my knowledge EVER had greater than 3% in their first Quarter!
But of course even dumbodemocrats at least understand this ....
The economy is like an oil tanker.
You don't turn an oil tanker around within 10 feet. 20 feet... it takes Big ships cannot stop on a dime. In fact, these ships may require as much as 5 miles to stop
Twenty Tanker Tips

So too with an economy.
And it doesn't help when a president makes anti-economy statements like these!
How can an economy grow if the President declares anyone building something will go bankrupt?
How can an economy grow if the President wants higher gas prices, or skyrocketing utility rates, or want the USA to be energy DEPENDENT!

 

[The Derp]

No question you are right. And NO president in history to my knowledge EVER had greater than 3% in their first Quarter!

I'm not talking quarterly, I'm talking annual.

Annually, Trump will not break 3% GDP growth for 2017.

Quarterly, he broke 3% in Q2 and Q3. Obama broke 3% quarterly growth about 11 times in 32 quarters. So about 1/3 of the time, Obama achieved quarterly growth above 3%.

But the annual growth for Q1-Q3 2017 was 2.5%.

 

[The Derp]

NO President's GDP Growth was EVER as bad as Obama's. He is the 1st President NEVER to get to 3% GDP Growth.

Except for the 8 times he had quarterly GDP growth of 3% or greater, including one over 5%. Tramp has never had even one quarter even near 5%.

Ummm, NO:

ONLY US President SINCE THE GREAT DEPRESSION not to hit 3% GDP Growth...

Obama First President Since Great Depression Not to See 3% GDP Growth

Trump didn't hit 3% GDP annual growth in his first year.

No question you are right. And NO president in history to my knowledge EVER had greater than 3% in their first Quarter!
But of course even dumbodemocrats at least understand this ....
The economy is like an oil tanker.
You don't turn an oil tanker around within 10 feet. 20 feet... it takes Big ships cannot stop on a dime. In fact, these ships may require as much as 5 miles to stop
Twenty Tanker Tips

So too with an economy.
And it doesn't help when a president makes anti-economy statements like these!
How can an economy grow if the President declares anyone building something will go bankrupt?
How can an economy grow if the President wants higher gas prices, or skyrocketing utility rates, or want the USA to be energy DEPENDENT!

View attachment 171241

I'm also sick and tired of Conservative excuse making. We are promised, time and again, that Conservative policy will serve as a "shot of adrenaline" into an economy. And we see, time and again, that Conservative policy doesn't deliver on that promise. For all his braying and bleating, Trump's annualized GDP growth is going to be no better than Obama's was for his last three or so years, while coming in at a lower rate of job creation. The lowest since 2010, in fact.

And now we have news that WalMart is closing virtually all of its Sam's Club stores, even though you all said that cutting their corporate tax rate would create jobs. Clearly, you're full of shit.