Q1 2019 watch - if under 3.0% - where is Trump’s economic miracle - can Trump beat O’s 2.9% ever?

[Faun]

This is a forum of written words. I can only go by what you say.

Like when you said "QE was the lowering interest rates to 0.25%"? That was funny.

He did not realize it was printing of money? Hmmm

Yes, I was wrong. Happens.

You're also a hypocrite. It happens.

Deny it all you want. You will 4ever be known as Faun the Hypocrite on this board.

 

[AzogtheDefiler]

He did not realize it was printing of money? Hmmm

Yes, I was wrong. Happens.

You're also a hypocrite. It happens.

Deny it all you want. You will 4ever be known as Faun the Hypocrite on this board.

It bothers you. Next time don't be a HYPOCRITE!

 

[Faun]

Yes, I was wrong. Happens.

You're also a hypocrite. It happens.

Deny it all you want. You will 4ever be known as Faun the Hypocrite on this board.

It bothers you. Next time don't be a HYPOCRITE!

 

[NotfooledbyW]

AzogtheDefiler, post: 22818905

But debt was still being added and rates were super low. Neither he nor Trump seem to care about the deficit.

Trump’s Budget Deficits Could Almost Double Obama’s

Obama:

• Fiscal 2013: $680 billion
• Fiscal 2014: $485 billion
• Fiscal 2015: $438 billion
• Fiscal 2016: $587 billion

TrumpO;

• Fiscal 2017: $665 billion
• Fiscal 2018: $779 billion
• Fiscal 2019: $896 billion
• Fiscal 2020: $990 billion

But who cared more and who cares less when you go by the numbers?

And TrumpO is almost doubling Obama’s yesrly debt growth with unemployment at record lows. And the Fed just now cutting its rate to a historic low during record unemployment.

Obama was certainly doing better than TrumpO when comparing four years to four years in the most similar of economic growth and conditions. Overall with added debt in the mix TrumpO is presiding over a much weaker economy than Obama handed to him.

Don’t you agree?

Or are you going to be a hypocrite and no longer consider added debt as a problem for the economy?

 

[AzogtheDefiler]

AzogtheDefiler, post: 22818905

But debt was still being added and rates were super low. Neither he nor Trump seem to care about the deficit.

Trump’s Budget Deficits Could Almost Double Obama’s

Obama:

• Fiscal 2013: $680 billion
• Fiscal 2014: $485 billion
• Fiscal 2015: $438 billion
• Fiscal 2016: $587 billion

TrumpO;

• Fiscal 2017: $665 billion
• Fiscal 2018: $779 billion
• Fiscal 2019: $896 billion
• Fiscal 2020: $990 billion

But who cared more and who cares less when you go by the numbers?

And TrumpO is almost doubling Obama’s yesrly debt growth with unemployment at record lows. And the Fed just now cutting its rate to a historic low during record unemployment.

Obama was certainly doing better than TrumpO when comparing four years to four years in the most similar of economic growth and conditions. Overall with added debt in the mix TrumpO is presiding over a much weaker economy than Obama handed to him.

Don’t you agree?

Or are you going to be a hypocrite and no longer consider added debt as a problem for the economy?

It is very disappointing. I have stated this 10x now. I hope these are short term pains for long term gains. Obama was terrible for the country. Trump has been better but not in terms of debt management.

Your comment about the economy being much weaker is false

 

[NotfooledbyW]

AzogtheDefiler, post: 22828156,

Your comment about the economy being much weaker is false

Why? It is just about even on GDP and unemployment is low but TrumpO is near doubling the debt growth compared to Obama’s second term.

Obama was terrible for the country. Trump has been better but not in terms of debt management.

 

[AzogtheDefiler]

AzogtheDefiler, post: 22828156,

Your comment about the economy being much weaker is false

Why? It is just about even on GDP and unemployment is low but TrumpO is near doubling the debt growth compared to Obama’s second term.

Obama was terrible for the country. Trump has been better but not in terms of debt management.

How does our debt impact the economy? Please explain.

 

[NotfooledbyW]

AzogtheDefiler, post: 22830888

How does our debt impact the economy? Please explain.

Sorry I mistook you for a fiscal conservative.

Where do I start?


How about the ultra right Washington Examiner?

• But the president is screwing over my generation. We’re the ones who will suffer through a recession when the debt bubble inevitably bursts and who will have to pay $1 trillion in taxes every year just to cover the interest payments on debt past generations accrued. Think about it: Our grandparents have maxed out their credit cards on a spending spree, and they're leaving the bill, and the interest, for us and our parents to pay off. It’s a disgrace. President Trump must not sign the death warrant on my generation’s financial future

Apparently you prefer living off the credit card pretending times are good and that card will last forever.

The strength and weakness I’m talking about is having an economy that is very good but at the same time is strong enough to pare down the growing debt.

Trumpo’s Economy was marginally better than Obama’s last four years. Not a lot of strength there if you think about it. But in the debt side TrumpO is horrendous.

He pledged to eliminate the entire debt in eight years but in reality he has nearly doubled Obama’s second term numbers wiry no end in sight with GDP running no higher than 2.5.?

TrumpO’s economy is weak weak weak. Even the Fed had to lower the rate to save it.

 

[AzogtheDefiler]

AzogtheDefiler, post: 22830888

How does our debt impact the economy? Please explain.

Sorry I mistook you for a fiscal conservative.

Where do I start?


How about the ultra right Washington Examiner?

• But the president is screwing over my generation. We’re the ones who will suffer through a recession when the debt bubble inevitably bursts and who will have to pay $1 trillion in taxes every year just to cover the interest payments on debt past generations accrued. Think about it: Our grandparents have maxed out their credit cards on a spending spree, and they're leaving the bill, and the interest, for us and our parents to pay off. It’s a disgrace. President Trump must not sign the death warrant on my generation’s financial future

Apparently you prefer living off the credit card pretending times are good and that card will last forever.

The strength and weakness I’m talking about is having an economy that is very good but at the same time is strong enough to pare down the growing debt.

Trumpo’s Economy was marginally better than Obama’s last four years. Not a lot of strength there if you think about it. But in the debt side TrumpO is horrendous.

He pledged to eliminate the entire debt in eight years but in reality he has nearly doubled Obama’s second term numbers wiry no end in sight with GDP running no higher than 2.5.?

TrumpO’s economy is weak weak weak. Even the Fed had to lower the rate to save it.

I get it but how does that impact our economy now? Only way IMO to pay down the debt is to attack entitlements and neither party is willing to do so. I have Zero allegiance to any party.

Notice how in the debates that asshole Don Lemon did not question the debt one time. Amazing.

 

[NotfooledbyW]

AzogtheDefiler, post: 22833146

I get it but how does that impact our economy now?

Here!s an impact,

• Yet Donald Trump is on track to be an even bigger spender than Obama. Federal spending has increased by 7.5 percent, or almost $300 billion, over President Trump’s first couple of years in office. Budget Deficits Are Only Getting Bigger Under Trump

More Government spending contributes to a higher GDP making it look to the casual observer that TrumpO has produced a better economic conditions than Obama.

On GDP both Presidents are tied with their highest year being 2.9 percent. But TrumoO needed 7.5% more government stimulus to get to his 2.9 than Obama.

Why does your so-called zero party allegiance translate into TrumpO is much better than Obama on the economy.

That is an absurd conclusion.

 

[AzogtheDefiler]

AzogtheDefiler, post: 22833146

I get it but how does that impact our economy now?

Here!s an impact,

• Yet Donald Trump is on track to be an even bigger spender than Obama. Federal spending has increased by 7.5 percent, or almost $300 billion, over President Trump’s first couple of years in office. Budget Deficits Are Only Getting Bigger Under Trump

More Government spending contributes to a higher GDP making it look to the casual observer that TrumpO has produced a better economic conditions than Obama.

On GDP both Presidents are tied with their highest year being 2.9 percent. But TrumoO needed 7.5% more government stimulus to get to his 2.9 than Obama.

Why does your so-called zero party allegiance translate into TrumpO is much better than Obama on the economy.

That is an absurd conclusion.

You keep cutting and pasting. That debt is there and we are paying interest. It doesn’t impact you or me in our daily lives

 

[NotfooledbyW]

I wrote: You said Obama did nothing to stimulate the recovery

Toddsterpatriot, post: 22752462,

. You think $8 a week caused the recession to end?

Why is TrumpO considering giving workers $8 a week in payroll tax cuts to stimulate the greatest economy ever?

TrumpO’s failure to be the first president since the Great Bush Recession to have a full year of GDP at 3% or higher has forced him to think about doing what Obama did in 2009 to save the dying Bush economy.

Will payroll tax cuts help TrumpO get re-elected. I’m curious to know what you think.

And are you going to straighten out Fox News that payroll tax cuts are not tax cuts?

 

[Toddsterpatriot]

I wrote: You said Obama did nothing to stimulate the recovery

Toddsterpatriot, post: 22752462,

. You think $8 a week caused the recession to end?

Why is TrumpO considering giving workers $8 a week in payroll tax cuts to stimulate the greatest economy ever?


View attachment 275282
TrumpO’s failure to be the first president since the Great Bush Recession to have a full year of GDP at 3% or higher has forced him to think about doing what Obama did in 2009 to save the dying Bush economy.

Will payroll tax cuts help TrumpO get re-elected. I’m curious to know what you think.

And are you going to straighten out Fox News that payroll tax cuts are not tax cuts?

Why is TrumpO considering giving workers $8 a week in payroll tax cuts to stimulate the greatest economy ever?

Trump probably saw you giving $8 a week credit for ending a depression...…...

Will payroll tax cuts help TrumpO get re-elected.

Maybe. Are the Dem candidates all going to promise to hike taxes?

I’m curious to know what you think.

Temporary tax credits are pointless.

And are you going to straighten out Fox News that payroll tax cuts are not tax cuts?

If they call a "making work pay tax credit" a tax cut, I will definitely tell them that.

 

[NotfooledbyW]

​

TrumpO’s economy way below 2017 Tax Cut Projections. A will never beat beat Obama economy when based on GDP growth:

The U.S. economy grew 2.1% in the fourth quarter, matching estimates.​

• The 2.3% growth in U.S. gross domestic product for the full year was below the 2.9% increase from 2018 and the 2.4% gain in 2017.
• It also was well below the White House's projections following the 2017 tax revamp.
• Continued gains in consumer spending helped propel the economy in the year's final three months

Fourth-quarter GDP rose only 2.1% and full-year 2019 posts slowest growth in three years at 2.3%
https://www.google.com/amp/s/www.cnbc.com/amp/2020/01/30/us-gdp-q4-2019-first-reading.html
WASHINGTON — The U.S. economy grew 2.1% in the fourth quarter, closing out a year in which gross domestic product decelerated to its slowest pace in three years amid a continuing drag in business investment.

​

So m what’s with the TRUMPO drag on business investments?

 

[Dragonlady]

AzogtheDefiler, post: 22833146

I get it but how does that impact our economy now?

Here!s an impact,

• Yet Donald Trump is on track to be an even bigger spender than Obama. Federal spending has increased by 7.5 percent, or almost $300 billion, over President Trump’s first couple of years in office. Budget Deficits Are Only Getting Bigger Under Trump

More Government spending contributes to a higher GDP making it look to the casual observer that TrumpO has produced a better economic conditions than Obama.

On GDP both Presidents are tied with their highest year being 2.9 percent. But TrumoO needed 7.5% more government stimulus to get to his 2.9 than Obama.

Why does your so-called zero party allegiance translate into TrumpO is much better than Obama on the economy.

That is an absurd conclusion.

You keep cutting and pasting. That debt is there and we are paying interest. It doesn’t impact you or me in our daily lives

That debt is NOT there. It's growing every single day, because Trump cut taxes, and put it on your credit card. The bill is coming due, and you can't pay it.

You should be balancing the economy in a good economy, and cutting spending, because when the recession comes, and you need the stimulous, you'll have no cash and no credit, and you can't cut spending or you'll make things worse.

 

[WTH_Progs?]

The OP is a troll. I get to devour his "point".

1. Trump matched Obama's 2.9%.
2. Obama's average was 1.59%.
3. Trump's average is 2.53%
4. Obama's last year was 1.6%.

There was more room for growth under Obama, due to economic recovery from the recession. I don't expect PROGS to admit to or understand the logic. Regardless, Trump clearly trumps O'bummer.

 

[Faun]

​

TrumpO’s economy way below 2017 Tax Cut Projections. A will never beat beat Obama economy when based on GDP growth:

The U.S. economy grew 2.1% in the fourth quarter, matching estimates.​

• The 2.3% growth in U.S. gross domestic product for the full year was below the 2.9% increase from 2018 and the 2.4% gain in 2017.
• It also was well below the White House's projections following the 2017 tax revamp.
• Continued gains in consumer spending helped propel the economy in the year's final three months

Fourth-quarter GDP rose only 2.1% and full-year 2019 posts slowest growth in three years at 2.3%
WASHINGTON — The U.S. economy grew 2.1% in the fourth quarter, closing out a year in which gross domestic product decelerated to its slowest pace in three years amid a continuing drag in business investment.

​

So m what’s with the TRUMPO drag on business investments?

Real GDP under Trump ... 2.6%

Under Obama since the end of Bush's Great Recession ... 2.4%

 

[AzogtheDefiler]

AzogtheDefiler, post: 22833146

I get it but how does that impact our economy now?

Here!s an impact,

• Yet Donald Trump is on track to be an even bigger spender than Obama. Federal spending has increased by 7.5 percent, or almost $300 billion, over President Trump’s first couple of years in office. Budget Deficits Are Only Getting Bigger Under Trump

More Government spending contributes to a higher GDP making it look to the casual observer that TrumpO has produced a better economic conditions than Obama.

On GDP both Presidents are tied with their highest year being 2.9 percent. But TrumoO needed 7.5% more government stimulus to get to his 2.9 than Obama.

Why does your so-called zero party allegiance translate into TrumpO is much better than Obama on the economy.

That is an absurd conclusion.

You keep cutting and pasting. That debt is there and we are paying interest. It doesn’t impact you or me in our daily lives

That debt is NOT there. It's growing every single day, because Trump cut taxes, and put it on your credit card. The bill is coming due, and you can't pay it.

You should be balancing the economy in a good economy, and cutting spending, because when the recession comes, and you need the stimulous, you'll have no cash and no credit, and you can't cut spending or you'll make things worse.

Are you or are you not going to admit that you lied what I said about judges? Yes or no?

 

[ph3iron]

The OP is a troll. I get to devour his "point".

1. Trump matched Obama's 2.9%.
2. Obama's average was 1.59%.
3. Trump's average is 2.53%
4. Obama's last year was 1.6%.

There was more room for growth under Obama, due to economic recovery from the recession. I don't expect PROGS to admit to or understand the logic. Regardless, Trump clearly trumps O'bummer.

Obummer
Say no more.
Zero college trumpanzee?

Where’s the 5%?
I see,o created the depression so he could create more room?
I remember o created more jobs in his last 3years than the con did in his first three
2, let me check
I assume you are sucking off your socialist benefits?

 

[ph3iron]

​

TrumpO’s economy way below 2017 Tax Cut Projections. A will never beat beat Obama economy when based on GDP growth:

The U.S. economy grew 2.1% in the fourth quarter, matching estimates.​

• The 2.3% growth in U.S. gross domestic product for the full year was below the 2.9% increase from 2018 and the 2.4% gain in 2017.
• It also was well below the White House's projections following the 2017 tax revamp.
• Continued gains in consumer spending helped propel the economy in the year's final three months

Fourth-quarter GDP rose only 2.1% and full-year 2019 posts slowest growth in three years at 2.3%
WASHINGTON — The U.S. economy grew 2.1% in the fourth quarter, closing out a year in which gross domestic product decelerated to its slowest pace in three years amid a continuing drag in business investment.

​

So m what’s with the TRUMPO drag on business investments?

Real GDP under Trump ... 2.6%

Under Obama since the end of Bush's Great Recession ... 2.4%

Here’s more data
2010-16. 2.2


2000- 09. 1.8

1990- 99. 3.6. 2.4 average

1980-89. 2.7

1970-80. 2.1