Sorry Trumpers ... This Measure Says Growth Is Slower Under Trump Than Obama

[Harpy Eagle]

No emotion, I see it all around me. I haven't seen growth like this since the eighties. If you don't have a job, you don't want one. But you run your life on charts that can be manipulated to whatever they want them to be.

There is nothing happening now that was not happening the 5 years prior to Trump's win.

 

[Indeependent]

No emotion, I see it all around me. I haven't seen growth like this since the eighties. If you don't have a job, you don't want one. But you run your life on charts that can be manipulated to whatever they want them to be.

There is nothing happening now that was not happening the 5 years prior to Trump's win.

Are you on drugs?
Nassau County was dead for 8 years; the whole country was dead for 8 years.
My son-in-law actually travels to survey commercial property and the way you present your numbers is bullshit.
And I blame GW and Obama.

 

[Harpy Eagle]

Are you on drugs?
Nassau County was dead for 8 years; the whole country was dead for 8 years.
My son-in-law actually travels to survey commercial property and the way you present your numbers is bullshit.
And I blame GW and Obama.

Yes, I have heard this same bullshit story before. And that is all it is, just a story. If you cannot support it with data I do not believe it.

 

[Denizen]

Sorry, Trumpers. The 'Trump economy' is just an extrapolation of the Obama economy into an era of orange clouded chaos, economic perversion, political perversion, and social perversion where lies have become a currency more valuable to Trumpers than dollars.

No Trumper conservatives were physically harmed in the manufacture of this post, unfortunately.

 

[jknowgood]

No emotion, I see it all around me. I haven't seen growth like this since the eighties. If you don't have a job, you don't want one. But you run your life on charts that can be manipulated to whatever they want them to be.

There is nothing happening now that was not happening the 5 years prior to Trump's win.

You're blind if you don't see it. 5 years ago I wouldn't of been able to buy the land I did this year. Believe me, this economy is way better now then when Obama was in office. It was stagnant then.

 

[Meathead]

No emotion, I see it all around me. I haven't seen growth like this since the eighties. If you don't have a job, you don't want one. But you run your life on charts that can be manipulated to whatever they want them to be.

There is nothing happening now that was not happening the 5 years prior to Trump's win.

Pretty stupid, even by your standard.

 

[Harpy Eagle]

You're blind if you don't see it. 5 years ago I wouldn't of been able to buy the land I did this year. Believe me, this economy is way better now then when Obama was in office. It was stagnant then.

Again, your stories do not sway me, for all I know you are 22 year old kid living in your families basement.

Data and facts...that is all I want to see on this forum...not stories.

 

[Harpy Eagle]

No emotion, I see it all around me. I haven't seen growth like this since the eighties. If you don't have a job, you don't want one. But you run your life on charts that can be manipulated to whatever they want them to be.

There is nothing happening now that was not happening the 5 years prior to Trump's win.

Pretty stupid, even by your standard.

Prove me wrong...give me some cold hard facts not emotions or stupid stories.

 

[jknowgood]

Sorry, Trumpers. The 'Trump economy' is just an extrapolation of the Obama economy into an era of orange clouded chaos, economic perversion, political perversion, and social perversion where lies have become a currency more valuable to Trumpers than dollars.

No Trumper conservatives were physically harmed in the manufacture of this post, unfortunately.

I hope you keep up with your lies. The swing voter which they say will elect the next president. Will see your lies, because if you cannot see the growth. You are blind.

 

[jc456]

I'm living in this booming economy, which tells me your little chart is crap.

G GAYtor and Dickless Denizen are two fake news pieces of shit who like to take still snapshots in time and pretend they represent the whole picture. Thats their MO.

The Stock Market could be booming for a month and then one day it could be down and they would scream "the market is terrible." Thats how the little socialist faggots work

They love polls, sampling is all they need, like 100 years of climate data speaks for millions of years. It’s that simple. One month equals three years. Polls polls polls polls my fking word

 

[Denizen]

Sorry to burst the cloud over your mind Trumpers. Your delusions are precious to you but I have to prick that orange bubble that has you howling with joy at Trump rallies as lies fall faster from Trump's mouth than Autumn leaves.

Sorry darlings, "According to BEA data, GDI has grown at a 2.3% annualized pace since Trump took office, vs. 2.4% during Obama’s two terms."

Apologies for pricking your orange bubble. Donald Trump is bloating the economy with tax cuts for the rich and burgeoning debt but still can't beat Obama.

Donald Trump has rendered the economy obese and debt-ridden with debt rising faster at >2 x GDP growth.

Bloomberg - Are you a robot?

This Measure Says Growth Is Slower Under Trump Than Obama

Gross domestic income should in theory track GDP, but it tells a slightly different story.

By
Justin Fox
September 23, 2019, 11:00 PM GMT+7

ILLUSTRATION: GEORGE WYLESOL FOR BLOOMBERG BUSINESSWEEK

The economy has been perhaps the brightest spot of Donald Trump’s unconventional presidency. A recession would tarnish this, which is presumably why he gets so worked up about perceived missteps by the Federal Reserve. But by one measure, economic growth is already slower during the Trump era than during Barack Obama’s eight years as president.
That measure is gross domestic income. GDI is part of the same quarterly national economic accounting by the U.S. Department of Commerce’s Bureau of Economic Analysis that gives us gross domestic product but is released a month later. The two numbers should, in theory, be identical, but they never quite are because of the vagaries of real-world data. In a 2010 paper, economist Jeremy Nalewaik—then at the Fed, now at Morgan Stanley—made the case that “GDI better reflects the business cycle fluctuations in true output growth.”

publishing the average of GDP and GDI. Also, the Federal Reserve Bank of Philadelphia now calculates a statistically smoothed melding of GDP and GDI, devised in part by Nalewaik, that it calls GDPplus. The presidential growth rates admittedly depend a lot on the starting quarter one chooses, especially for Obama, who took office amid the worst recession in 75 years. Also, while growth rates have been about the same or only moderately higher under Trump, people aren’t wrong to think the economy is better. More are sharing in growth now because the long expansion has brought workers off the sidelines.

• Timing Is Everything

If you measure from the quarter before they took office, Trump leads in GDI growth, 2.5% to 2.1%. Measure from the last quarter of the first year in office (because it takes time for policies to have an effect), and it’s Trump 2.5% to Obama 2.4%.



• Smooth Calculator
According to BEA data, GDI has grown at a 2.3% annualized pace since Trump took office, vs. 2.4% during Obama’s two terms.

• On the Job
Payroll employment has grown at a 1.5%annual pace during Trump’s time in office, faster than the 1% during Obama’s entire presidency but slower than the 1.9% of Obama’s second term.
Real annualized growth rate from first quarter of administration

Data: Bureau of Economic Analysis

• But Wait, It Gets Better
Of Americans age 25-54, 80% had jobs in August, according to the Bureau of Labor Statistics, the highest prime-age employment rate in more than a decade and perhaps a better measure of economic health than either GDP or GDI growth.

Seems reasonable. Obama took over at the beginning of an economic cycle and Trump took over at the end of one.


But, the underlying trends, that is where the real deal is. And seeing lower end wages rising, is very exciting for anyone that cares about the working man.

There are consequences. Wage rises should reflect productivity gains otherwise inflation will emerge and nullify the rises.

Trump cannot pull more tax cuts out of his sleeves. Debt is rising > 2x faster than GDP.

 

[jknowgood]

You're blind if you don't see it. 5 years ago I wouldn't of been able to buy the land I did this year. Believe me, this economy is way better now then when Obama was in office. It was stagnant then.

Again, your stories do not sway me, for all I know you are 22 year old kid living in your families basement.

Data and facts...that is all I want to see on this forum...not stories.

I'm in construction, I barely made it by under Obama. Now it's booming, and I'll be 50 next year.

 

[Denizen]

Sorry, Trumpers. The 'Trump economy' is just an extrapolation of the Obama economy into an era of orange clouded chaos, economic perversion, political perversion, and social perversion where lies have become a currency more valuable to Trumpers than dollars.

No Trumper conservatives were physically harmed in the manufacture of this post, unfortunately.

I hope you keep up with your lies. The swing voter which they say will elect the next president. Will see your lies, because if you cannot see the growth. You are blind.

I didn't buy the orange-colored glasses?

 

[Indeependent]

Are you on drugs?
Nassau County was dead for 8 years; the whole country was dead for 8 years.
My son-in-law actually travels to survey commercial property and the way you present your numbers is bullshit.
And I blame GW and Obama.

Yes, I have heard this same bullshit story before. And that is all it is, just a story. If you cannot support it with data I do not believe it.

I realize you never get out into the real world and you moved to a city far away from civilization to avoid competition in order to get a job.
I can show you that the economy was very strong until one second before...the Great Depression, the DOM COM crash and the Housing crash; because rolled up numbers are bullshit.
It kills you that Trump is not an ex-military robot.

 

[jknowgood]

Sorry, Trumpers. The 'Trump economy' is just an extrapolation of the Obama economy into an era of orange clouded chaos, economic perversion, political perversion, and social perversion where lies have become a currency more valuable to Trumpers than dollars.

No Trumper conservatives were physically harmed in the manufacture of this post, unfortunately.

I hope you keep up with your lies. The swing voter which they say will elect the next president. Will see your lies, because if you cannot see the growth. You are blind.

I didn't buy the orange-colored glasses?

Like I said anyone with a life can see your lies.

 

[Denizen]

You're blind if you don't see it. 5 years ago I wouldn't of been able to buy the land I did this year. Believe me, this economy is way better now then when Obama was in office. It was stagnant then.

Again, your stories do not sway me, for all I know you are 22 year old kid living in your families basement.

Data and facts...that is all I want to see on this forum...not stories.

I'm in construction, I barely made it by under Obama. Now it's booming, and I'll be 50 next year.

You were too busy earning a living to make money. Work smart not hard.

 

[Denizen]

Are you on drugs?
Nassau County was dead for 8 years; the whole country was dead for 8 years.
My son-in-law actually travels to survey commercial property and the way you present your numbers is bullshit.
And I blame GW and Obama.

Yes, I have heard this same bullshit story before. And that is all it is, just a story. If you cannot support it with data I do not believe it.

I realize you never get out into the real world and you moved to a city far away from civilization to avoid competition in order to get a job.
I can show you that the economy was very strong until one second before...the Great Depression, the DOM COM crash and the Housing crash; because rolled up numbers are bullshit.
It kills you that Trump is not an ex-military robot.

It kills me that Trump is a cheater, a grifter, a liar, and a general no-good.

 

[jknowgood]

You're blind if you don't see it. 5 years ago I wouldn't of been able to buy the land I did this year. Believe me, this economy is way better now then when Obama was in office. It was stagnant then.

Again, your stories do not sway me, for all I know you are 22 year old kid living in your families basement.

Data and facts...that is all I want to see on this forum...not stories.

I'm in construction, I barely made it by under Obama. Now it's booming, and I'll be 50 next year.

You were too busy earning a living to make money. Work smart not hard.

Oh no, there was hardly any work under Obama's economy. I mean he did ask where Trump's magic wand was, he also told us slow growth was the new norm in America. So are you saying Obama was lying again?

 

[jc456]

You're blind if you don't see it. 5 years ago I wouldn't of been able to buy the land I did this year. Believe me, this economy is way better now then when Obama was in office. It was stagnant then.

Again, your stories do not sway me, for all I know you are 22 year old kid living in your families basement.

Data and facts...that is all I want to see on this forum...not stories.

I'm in construction, I barely made it by under Obama. Now it's booming, and I'll be 50 next year.

You were too busy earning a living to make money. Work smart not hard.

Trump gave him that ability, he just said that

 

[Indeependent]

Are you on drugs?
Nassau County was dead for 8 years; the whole country was dead for 8 years.
My son-in-law actually travels to survey commercial property and the way you present your numbers is bullshit.
And I blame GW and Obama.

Yes, I have heard this same bullshit story before. And that is all it is, just a story. If you cannot support it with data I do not believe it.

I realize you never get out into the real world and you moved to a city far away from civilization to avoid competition in order to get a job.
I can show you that the economy was very strong until one second before...the Great Depression, the DOM COM crash and the Housing crash; because rolled up numbers are bullshit.
It kills you that Trump is not an ex-military robot.

It kills me that Trump is a cheater, a grifter, a liar, and a general no-good.

Elaborate...with details that haven't already been corrected a thousand times.

And what slum do you live in that isn't attracting business?
Are you a slummer or a limousine Liberal?

The slums of Nassau County are attracting business; why isn't yours?