Golfing Gator, post: 22696041
I believe that the data comes from multiple disparate sources and that the BEA gathers them and provides the report in a timely enough manner.
Of course it does. And the NOWCAST I posted does exactly the same to produce timely and early forecasts.
The forecast at rhe end of Q2 is now at 1.4. I have not declared it to be the official final number nor do they.
But because it is at 1.4 and will become official thereabouts, I can say with great confidence that TrumpO will be the second president in US history never to have a single year GDP hugher than 3.0. He is tied with Obama’s highest single year at 2.9.
All things considered on the economy when comparing TrumoO’s two years to Obama's final seven years there is no significant difference between the two president’s policy effect on the economy.
If the current NOWCAST was sitting at 4.0 or hugher for Q2 2019 I couid not be confident saying TrumpO will not finish his first term with a single year GDP above 3.0 and thus keeping his word and doing better than Obama.
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On top of that, I am absolutely positive that TrumpO will never see a single year at 4.O or higher. So if you are scoring presidents for hype and bullshit claims of fake greatness TrumpO is the winner of that.
You criticize forecasts based on science and real economic data but say nothing about the idiot goon in the White House making crazy forecasts about his greatness to be. Not even close to being greater than Obama on the economy and therefore nothing else.
Obama never disgraced the Presidency with such shameful, irresponsible self glory and hyie.
So on the style and character score we must rate Obama on that aspect for the economy much higher than TrumpO although the growth numbers are virtually the same so far.