NO GDP above 3% entire TERM OF PRESIDENT OBAMA...FIRST TIME IN HISTORY!

[sealybobo]

A

The American economy is so gigantic that 3% growth is an unimaginable volume. In any case, at 3% per year the economy would double in around 20 years. Does anyone seriously believe the American economy can double? Perhaps if the rest of the world's population and countries disappear...

And yet China has grown double digits in recent years.

Rapidly growing state investment plays a significant role in China and India’s economic expansion, while private investment is either growing very slowly or declining. In contrast, the slowly growing Western economies rely on private investment with no rapid growth of state investment.

Why Are China and India Growing So Fast? State Investment | The Huffington Post

Now you know.

 

[sealybobo]

from January to June 2016, state-owned fixed-asset investment had grown by 23.5 percent over the same period last year, but private fixed asset investment growth had decelerated to 2.8 percent.

the year-on-year increase of India’s state investment was 21 percent while private investment actually fell by 1.4 percent.

In other words, the world’s two fastest growing major economies, China and India, are both being driven by rapidly rising state investment, with private investment playing a less significant role.

 

[sealybobo]

In China and India, the low growth rate of private investment is offset by rapidly growing state investment of over 20 percent; whereas in the U.S., state investment only rose by 1.2 percent up to Q2 of 2016.

 

[sealybobo]

Therefore, the correlation between rapid increase of state investment and fast economic growth in China and India, and slow increase of state investment and slow economic growth in the U.S., is factually clear.

 

[gipper]

A

The American economy is so gigantic that 3% growth is an unimaginable volume. In any case, at 3% per year the economy would double in around 20 years. Does anyone seriously believe the American economy can double? Perhaps if the rest of the world's population and countries disappear...

And yet China has grown double digits in recent years.

Rapidly growing state investment plays a significant role in China and India’s economic expansion, while private investment is either growing very slowly or declining. In contrast, the slowly growing Western economies rely on private investment with no rapid growth of state investment.

Why Are China and India Growing So Fast? State Investment | The Huffington Post

Now you know.

WTF!!!Your Messiah just got done doubling the debt while spending wildly on all sorts of shit and you post this. Damn.

 

[sealybobo]

A

The American economy is so gigantic that 3% growth is an unimaginable volume. In any case, at 3% per year the economy would double in around 20 years. Does anyone seriously believe the American economy can double? Perhaps if the rest of the world's population and countries disappear...

And yet China has grown double digits in recent years.

Rapidly growing state investment plays a significant role in China and India’s economic expansion, while private investment is either growing very slowly or declining. In contrast, the slowly growing Western economies rely on private investment with no rapid growth of state investment.

Why Are China and India Growing So Fast? State Investment | The Huffington Post

Now you know.

WTF!!!Your Messiah just got done doubling the debt while spending wildly on all sorts of shit and you post this. Damn.

Obama had to blow his wad on water to put out the fire Bush started. We did no infrastructure spending. Bailing out the banks did not stimulate growth did it?

Anyways, Trump isn't going to achieve his growth goals. Not with Paul Ryan and Mitch McConnell holding the purse strings.

Trump talked about infrastructure constantly on the campaign trail, vowing to build roads, trains, and airports. As a brash outsider, Trump promised, he could force such a program through Congress. And as a real estate developer, he insisted he was uniquely qualified to design and implement what was basically a huge construction program. But it wasn’t until two weeks before Election Day that Trump finally released a proposal with some policy details. And it didn’t line up with what he’d been describing on the campaign trail. His previous rhetoric had made it sound like Trump wanted to be another FDR, borrowing massive amounts of money in order to finance a building binge that would put people back to work. But then in a December interview with The New York Times, Trump confessed that he was still figuring out exactly what he wanted to do ― and that he hadn’t realized FDR-style infrastructure building might alienate conservatives. “That’s not a very Republican thing ― I didn’t even know that, frankly.”

Soon, administration officials began hinting that infrastructure might not be a first 100 days program, as Trump had promised. And since then, the whole idea has slipped farther and farther down on the political agenda. Trump still mentions it in public appearances, but the two legislative leaders he needs to get an infrastructure bill through Congress, House Speaker Paul Ryan (R-Wis.) and Senate Majority Leader Mitch McConnell (R-Ky.) have made clear they are ambivalent at best, about the whole project.

 

[sealybobo]

A

The American economy is so gigantic that 3% growth is an unimaginable volume. In any case, at 3% per year the economy would double in around 20 years. Does anyone seriously believe the American economy can double? Perhaps if the rest of the world's population and countries disappear...

And yet China has grown double digits in recent years.

Rapidly growing state investment plays a significant role in China and India’s economic expansion, while private investment is either growing very slowly or declining. In contrast, the slowly growing Western economies rely on private investment with no rapid growth of state investment.

Why Are China and India Growing So Fast? State Investment | The Huffington Post

Now you know.

WTF!!!Your Messiah just got done doubling the debt while spending wildly on all sorts of shit and you post this. Damn.

But experts we spoke with still note that the debt cannot be pinned on just Obama. For one thing, Congress signs off on spending and taxation.

And, reining in government spending during the recession would have been a bad idea, economists told us.

The economy was in "free-fall" when Obama took office. In Arizona, the housing market crashed and key sector jobs, such as construction, dried up. "Tax revenues were plummeting, because incomes were falling, while spending had to go up (for unemployment benefits, Medicaid, and so on)," Buchanan said. "Had we tried to balance the budget during that time, it would have accelerated the downturn, and there could have been a depression."

But it is important to note that the debt cannot all be blamed on Obama. Congress has a role in approving spending. And, experts told us that money needed to be spent in a free-falling economy.

We rate Pence’s claim Mostly True.

Has our nation's debt nearly doubled under President Obama?

Now lets see if Trump doesn't double the debt.

 

[there4eyeM]

Water to put out the Bush fire. Damned expensive water, too.

 

[Markle]

We're spending the least on infrastructure, science and r&d at anytime of the past 80 years. Of course, I wouldn't expect a retarded like you to look up these facts.

Who's the driving force behind those changes? Did the failed stimulus plan NOT spend hundreds of millions on infrastructure? Why here in Tallahassee we were "blessed" with a $3.2 MILLION TURTLE TUNNEL under US 27 North.

Has the GDP reached a 3% increase during the term of Lame Duck President Barack Hussein Obama? A simple yes or no will suffice.

Even though BO has double the national debt, doofusses like Mattieboy decry spending on infrastructure, science, and r&d. He has not learned that government spending on just about anything is wasteful, ineffective, and operates much like racketeering aka Cosa Nostra.

Funny you said that. The only way trump has better growth is infrastructure spending and a lot of immigrants. Is that the plan?

Wishful thinking. It pains you to see the excitement and enthusiasm of consumers along with corporations increase in confidence to go forward and hire more employees and expand their business here in America.

 

[sealybobo]

We're spending the least on infrastructure, science and r&d at anytime of the past 80 years. Of course, I wouldn't expect a retarded like you to look up these facts.

Who's the driving force behind those changes? Did the failed stimulus plan NOT spend hundreds of millions on infrastructure? Why here in Tallahassee we were "blessed" with a $3.2 MILLION TURTLE TUNNEL under US 27 North.

Has the GDP reached a 3% increase during the term of Lame Duck President Barack Hussein Obama? A simple yes or no will suffice.

Even though BO has double the national debt, doofusses like Mattieboy decry spending on infrastructure, science, and r&d. He has not learned that government spending on just about anything is wasteful, ineffective, and operates much like racketeering aka Cosa Nostra.

Funny you said that. The only way trump has better growth is infrastructure spending and a lot of immigrants. Is that the plan?

Wishful thinking. It pains you to see the excitement and enthusiasm of consumers along with corporations increase in confidence to go forward and hire more employees and expand their business here in America.

I thought the economy was a mess? Thanks Obama for handing Trump a kick ass economy. No excuses when the middle class gets left behind. But corporate profits will be great the next 4 years.

 

[sealybobo]

We're spending the least on infrastructure, science and r&d at anytime of the past 80 years. Of course, I wouldn't expect a retarded like you to look up these facts.

Who's the driving force behind those changes? Did the failed stimulus plan NOT spend hundreds of millions on infrastructure? Why here in Tallahassee we were "blessed" with a $3.2 MILLION TURTLE TUNNEL under US 27 North.

Has the GDP reached a 3% increase during the term of Lame Duck President Barack Hussein Obama? A simple yes or no will suffice.

Even though BO has double the national debt, doofusses like Mattieboy decry spending on infrastructure, science, and r&d. He has not learned that government spending on just about anything is wasteful, ineffective, and operates much like racketeering aka Cosa Nostra.

Funny you said that. The only way trump has better growth is infrastructure spending and a lot of immigrants. Is that the plan?

Wishful thinking. It pains you to see the excitement and enthusiasm of consumers along with corporations increase in confidence to go forward and hire more employees and expand their business here in America.

Is that so?

GM will lay off 1,600 workers at 3 factories

Another 1,600 workers at three General Motors gm factories will be laid off indefinitely over the next few months as the company tries to control its inventory as U.S. sales slump.

 

[sealybobo]

We're spending the least on infrastructure, science and r&d at anytime of the past 80 years. Of course, I wouldn't expect a retarded like you to look up these facts.

Who's the driving force behind those changes? Did the failed stimulus plan NOT spend hundreds of millions on infrastructure? Why here in Tallahassee we were "blessed" with a $3.2 MILLION TURTLE TUNNEL under US 27 North.

Has the GDP reached a 3% increase during the term of Lame Duck President Barack Hussein Obama? A simple yes or no will suffice.

Even though BO has double the national debt, doofusses like Mattieboy decry spending on infrastructure, science, and r&d. He has not learned that government spending on just about anything is wasteful, ineffective, and operates much like racketeering aka Cosa Nostra.

Funny you said that. The only way trump has better growth is infrastructure spending and a lot of immigrants. Is that the plan?

Wishful thinking. It pains you to see the excitement and enthusiasm of consumers along with corporations increase in confidence to go forward and hire more employees and expand their business here in America.

So it has begun. I was kidding but now I'm starting to see its true

CSX to layoff 1,000 management positions

 

[sealybobo]

We're spending the least on infrastructure, science and r&d at anytime of the past 80 years. Of course, I wouldn't expect a retarded like you to look up these facts.

Who's the driving force behind those changes? Did the failed stimulus plan NOT spend hundreds of millions on infrastructure? Why here in Tallahassee we were "blessed" with a $3.2 MILLION TURTLE TUNNEL under US 27 North.

Has the GDP reached a 3% increase during the term of Lame Duck President Barack Hussein Obama? A simple yes or no will suffice.

Even though BO has double the national debt, doofusses like Mattieboy decry spending on infrastructure, science, and r&d. He has not learned that government spending on just about anything is wasteful, ineffective, and operates much like racketeering aka Cosa Nostra.

Funny you said that. The only way trump has better growth is infrastructure spending and a lot of immigrants. Is that the plan?

Wishful thinking. It pains you to see the excitement and enthusiasm of consumers along with corporations increase in confidence to go forward and hire more employees and expand their business here in America.

Major IBM Layoffs happening today (Jan 5th) for US GTS division workers. Totals unknown, but I am one of them...What a shame this company has become and will continue to be. Was told my job was being moved to India, yet Ginni just sat in Trumps panel of CEOs to keep jobs in the US. Trump should "fire" her from the panel and stockholders should follow suit

LAYOFFS HAVE BEGUN.....(Jan 5th, 2017) - post regarding IBM layoffs

 

[Markle]

Stimulant money is only a temporary thing. But if you wanted Obama to have better growth you should have done infrastructure on his watch instead of waiting for Trump.

And you forget your party loved illegals. You liked the cheap service they provided and as corporations you loved the cheap labor, so get over yourselves.

Wow, and all this time I thought petulant former President Obama's stimulus contained a massive infrastructure program. I know for a fact that we got a $3.2 MILLION TURTLE TUNNEL. I know that has made everyone's life in our county so much better!

 

[JQPublic1]

Lame Duck President Obama SETS ANOTHER RECORD FOR ALL PRESIDENTS OF THE UNITED STATES. NONE HAVE ACCOMPLISHED THIS BEFORE! WORST RECOVERY IN HISTORY!

FIRST PRESIDENT IN HISTORY TO COMPLETE TWO TERMS WITHOUT A SINGLE GDP OVER THAN 3%

Worst recovery ever!

DP growth annual averages

2009 . . . -2.8%

2010 . . . 2.5%

2011 . . . 1.6%

2012 . . . 2.2%

2013 . . . 1.5%

2014 . . . 2.4%

2015 . . . 2.4%

2016 . . . 0.5%

(Q1; 1st est.; Annualized)

Overall Average 1.3%

Source US Bureau of Economic Analysis

U.S. Bureau of Economic Analysis (BEA)

Whats the problem? After the GOP handed him a failing auto industry, two un budgeted wars with financing of those wars undercut by tax breaks, medicare part D, failing banks too big to fail, and a housing scandal and crisis. That situation would be frightful enough for ANY president, let alone a new one like Obama was. But to have Repub- lican obstructionists take over the financing for 6 years . It took nerves of steel to . I don't give a damn about your GDP growth under Obama after what he had to go through at the hands of the GOP. And now you dumb, prejudiced screwballs have put them in power again.

 

[Markle]

Obama had to blow his wad on water to put out the fire Bush started. We did no infrastructure spending. Bailing out the banks did not stimulate growth did it?

Anyways, Trump isn't going to achieve his growth goals. Not with Paul Ryan and Mitch McConnell holding the purse strings.

Trump talked about infrastructure constantly on the campaign trail, vowing to build roads, trains, and airports. As a brash outsider, Trump promised, he could force such a program through Congress. And as a real estate developer, he insisted he was uniquely qualified to design and implement what was basically a huge construction program. But it wasn’t until two weeks before Election Day that Trump finally released a proposal with some policy details. And it didn’t line up with what he’d been describing on the campaign trail. His previous rhetoric had made it sound like Trump wanted to be another FDR, borrowing massive amounts of money in order to finance a building binge that would put people back to work. But then in a December interview with The New York Times, Trump confessed that he was still figuring out exactly what he wanted to do ― and that he hadn’t realized FDR-style infrastructure building might alienate conservatives. “That’s not a very Republican thing ― I didn’t even know that, frankly.”

Soon, administration officials began hinting that infrastructure might not be a first 100 days program, as Trump had promised. And since then, the whole idea has slipped farther and farther down on the political agenda. Trump still mentions it in public appearances, but the two legislative leaders he needs to get an infrastructure bill through Congress, House Speaker Paul Ryan (R-Wis.) and Senate Majority Leader Mitch McConnell (R-Ky.) have made clear they are ambivalent at best, about the whole project.

Refresh my memory, please. Show us where President Donald Trump promised massive infrastructure projects being underway within 100 days.

 

[yiostheoy]

Lame Duck President Obama SETS ANOTHER RECORD FOR ALL PRESIDENTS OF THE UNITED STATES. NONE HAVE ACCOMPLISHED THIS BEFORE! WORST RECOVERY IN HISTORY!

FIRST PRESIDENT IN HISTORY TO COMPLETE TWO TERMS WITHOUT A SINGLE GDP OVER THAN 3%

Worst recovery ever!

DP growth annual averages

2009 . . . -2.8%

2010 . . . 2.5%

2011 . . . 1.6%

2012 . . . 2.2%

2013 . . . 1.5%

2014 . . . 2.4%

2015 . . . 2.4%

2016 . . . 0.5%

(Q1; 1st est.; Annualized)

Overall Average 1.3%

Source US Bureau of Economic Analysis

U.S. Bureau of Economic Analysis (BEA)

That's why they (the economists) named it The Great Recession.

It will go down in history.

To a large extent we (the USA) are still in it.

 

[yiostheoy]

Obama had to blow his wad on water to put out the fire Bush started. We did no infrastructure spending. Bailing out the banks did not stimulate growth did it?

Anyways, Trump isn't going to achieve his growth goals. Not with Paul Ryan and Mitch McConnell holding the purse strings.

Trump talked about infrastructure constantly on the campaign trail, vowing to build roads, trains, and airports. As a brash outsider, Trump promised, he could force such a program through Congress. And as a real estate developer, he insisted he was uniquely qualified to design and implement what was basically a huge construction program. But it wasn’t until two weeks before Election Day that Trump finally released a proposal with some policy details. And it didn’t line up with what he’d been describing on the campaign trail. His previous rhetoric had made it sound like Trump wanted to be another FDR, borrowing massive amounts of money in order to finance a building binge that would put people back to work. But then in a December interview with The New York Times, Trump confessed that he was still figuring out exactly what he wanted to do ― and that he hadn’t realized FDR-style infrastructure building might alienate conservatives. “That’s not a very Republican thing ― I didn’t even know that, frankly.”

Soon, administration officials began hinting that infrastructure might not be a first 100 days program, as Trump had promised. And since then, the whole idea has slipped farther and farther down on the political agenda. Trump still mentions it in public appearances, but the two legislative leaders he needs to get an infrastructure bill through Congress, House Speaker Paul Ryan (R-Wis.) and Senate Majority Leader Mitch McConnell (R-Ky.) have made clear they are ambivalent at best, about the whole project.

Refresh my memory, please. Show us where President Donald Trump promised massive infrastructure projects being underway within 100 days.

Apparently you did not stay up for his acceptance speech.

 

[yiostheoy]

Stimulant money is only a temporary thing. But if you wanted Obama to have better growth you should have done infrastructure on his watch instead of waiting for Trump.

And you forget your party loved illegals. You liked the cheap service they provided and as corporations you loved the cheap labor, so get over yourselves.

Wow, and all this time I thought petulant former President Obama's stimulus contained a massive infrastructure program. I know for a fact that we got a $3.2 MILLION TURTLE TUNNEL. I know that has made everyone's life in our county so much better!

So apparently you missed the PBS interview of BHO where he lamented NOT focusing on infrastructure projects.

 

[Markle]

Is that so?

GM will lay off 1,600 workers at 3 factories

Another 1,600 workers at three General Motors gm factories will be laid off indefinitely over the next few months as the company tries to control its inventory as U.S. sales slump.

General Motors Responds to Trump With $1 Billion in New U.S. Spending
After the president-elect called the company out, GM said it will invest $1 billion in U.S. manufacturing, creating or retaining 1,500 jobs.

John Rosevear
(TMFMarlowe)

General Motors Responds to Trump With $1 Billion in New U.S. Spending -- The Motley Fool