protectionist
Diamond Member
- Oct 20, 2013
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- #281
Ho HO HO.... EARTH TO FAUN - the BEA is a collection of Obama appointee-shills. They lowered Trump's numbers and raised Obama's repeatedly in 2018 and 2019. One example is 2nd quarter of 2018 Trump's GDP was 4.2%. Klunk. Next time you looked, for the same quarter suddenly it was only 3.4.LOLOL
Keep claiming it's 2.4% when it's really 2.0%. You expose your senility with every post.
And keep ignoring the BEA measure GDP growth by annualizing the data, not by averaging it.
And annualized real GDP growth under Trump was 1.3%, the lowest of any president since Hoover.
U.S. second-quarter GDP growth raised to 4.2 percent
U.S. economic growth was a bit stronger than initially thought in the second quarter, notching its best performance in nearly four years and putting the economy on track to hit the Trump administration's goal of 3 percent annual growth.

Evidence of this bias is the many changes all went in Obama's favor (up) and all to Trump's detriment (down). Law of averages don't settle for defeats like that. Sure, they have excuses all set up for each of their changes. Ho hum, Yawn***
Liberals cite numbers published by their people, and then refer to their numbers as proof of whatever. Yeah,


"Reports" of Trump's economy being bad are the biggest laughingstock ever known. So while you flounder around with the joke BEA, here's some real facts to review

TRUMP ECONOMY WAS BOOMING: Census Bureau Says U.S. Household Income Jumped 7% In 2019
Before the coronavirus hit the U.S. (and despite what the mainstream media seems to say daily, President Trump didn’t cause COVID-19), the economy was going gangbusters.
Income in American households rose dramatically in 2019, according to data published by the U.S. Census Bureau.
The “median household income increased 6.8 percent to $68,703 between 2018 and 2019,” before the coronavirus. (US Census). All races made heavy gains. Household income for whites grew 5.7%; Latino households gained 7.1%; black households gained 7.9%; and Asian households gained 10.6%. Blacks, Latinos, Asians, the disabled had their lowest unemployment rates in US history. N=media wage was highest in US history. Stock market jumped to record highs repeatedly.

TRUMP ECONOMY WAS BOOMING: Census Bureau Says U.S. Household Income Jumped 7% In 2019 | The Gateway Pundit | by Eric A. Blair
Before the coronavirus hit the U.S.

In the February 2020, the Trump economy was booming, with the lowest unemployment (3.5%) in over 50 years. Democrats and China knew they had to do something to sabatoge it , so in rolled the Coronavius, lockdowns and Pelosi blockading the Stimulus checks. Anybody can BS all this however they want. We all know what happened.

Trump Economy Roared In February. Lowest Unemployment In Over 50 Years.
Coronavirus or no coronavirus, President Trump’s economy weathered the storm in February and remained strong, as proven by data released by the Labor Department on Friday, showing the nation added 273,000 new jobs in February and the unemployment rate was an astonishingly low 3.5%, the lowest...
When President Trump took over, the Obama economy was stagnant and going backwards. (see the V-GRAPH) He immediately implemented policies that created jobs. He lowered the corporate taxes that allowed American companies to better compete with foreign companies and encouraged them to build at home. As a result, even with the poor performance in March 2020, due to the coronavirus, the US gained more than 6.3 million more jobs since Trump took office. The same could not be said for Obama. He lost over a million jobs in his respective first three plus years in office.
And while Trump was in office, more American were working than any time in US history. In April 2020, 22 Million more Americans were working than in 2010.

EXCLUSIVE: Despite China Coronavirus Crisis - Current Trump Economy Still Better that What He Inherited and Way Better than Obama At Same Respective Time Period | The Gateway Pundit | by Joe Hoft
Despite the China coronavirus nightmare and worldwide crisis, President Trump’s economy is still much better than what he inherited and way better than Obama’s economy at his respective time in office. The numbers are astounding.

Near the end of 2019, the United States’ poverty rate was the lowest it has been since the Clinton administration at 11.8%, according to the United States Census Bureau. It then decreased further to 10.5% in 2019. The Labor Participation rate increased to 83% among workers in their prime years in January of 2020, according to the Federal Reserve Bank of St. Louis.
And if anybody really must refer to the joke BEA, >> The American economy hit 3.1% real GDP growth two years early in 2018, according to the Bureau of Economic Analysis. In Trump’s first three years in office, real GDP growth averaged 2.5%, a quarter of a percent better than Obama’s average growth rate of 2.25%, as noted by the Wall Street Journal.

Trump’s Biggest Accomplishments Part 4: Unleashing The American Economy
Before the coronavirus pandemic, Donald Trump beat experts’ economic expectations and pursued policies that kicked the American economy into another gear.

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