Did you use 2.6 and 2.7 in your comparison?
Yeah 2.6% and 2.7% was the annual gdp for 2013 and 2014 under obama. Trump has completed one year 2017 which had GDP growth of 2.2%
Yeah, 2017, wasn't that supposed to be Obama's economy?
Sure, call it whatever you want, but Trumps been boasting about it for a year now. Just be honest about the numbers. Trumps got 2018 on a good pace to break 3% and I hope it does. But he and y’all are claiming so many fake victories with no stats to back them up.
How about that, just takes us right back to the beginning. I'd say the 4.1 was a pretty good victory, with stats to back it up.
Why you or the left is so determined for this country to do poorly is beyond me. But to be honest, I really don't care, you want to go along for the ride....get to the back of the bus.
Haha, did you read what I just wrote?! What’s wrong with you?
I literally just said that I hope we do better than 3% this year. Just want y’all to stop lying.
Yes 4,1% is great! Obama had 5.2% and 4.6% that was great too although I doubt you said that. Point is there hasn’t been any significant changes with GDP under Trump yet.
So we’ve now shown that unemployment rate hasn’t changed and gdp rate hasn’t changed from Obama to Trump. What else do you want to look at?
Two words in economics says it all------->business investment! And then when your done with that, look up what it was under Obysmal!
There was a great book that for the life of me I can NOT remember the name of, about FDR and the depression written by a professor of economics, and agreed upon the premises by many other economists. (I love the internet, but still believe everyone should read at least 1 book a month)
Anyway, the conclusions in the book of why the depression was so hard to kill, reminded me of the Obama years, and it fit perfectly, although Obama was trying to get the economy to grow more, not bring it out of depression.
THE NUMBER ONE REASON in the book why the depression lingered was----------> Regime instability! What is that you say?!?!?!?!?!?!?! Well, it seems that FDR just like the Lefts hero Obysmal, was out to TRANSFORM America, and FDR did. Business taxes went through the roof due to wanting to redistribute, along with the government deciding upon how much something should cost, (socialism) and while people were starving, trying to prop up prices for wheat and livestock, they burned crops, and killed millions of pigs!
Just like under Obysmal, business had absolutely NO idea what FDR was going to transform next. Look at what Obysmal did, ALA FDR-------------> took over healthcare which is 1/6th of the American economy, through edict raised the price of energy by doing everything to get rid of coal, mandated unrealistic CAFE standards, told everyone that if you owned a business that "you didn't build that, someone else did it for you!"
Business investment, or re-investment under Obama was in the tank. It was terrible! Our productivity as a country is driven by investment in modern machinery. Our productivity translates into our country's "living standards!" EXAMPLE----> If our farmers had never invested in modern machinery, how many people today would have to be farmers, and how much more would food cost us, due to the price of labor!
Anyway, that is what happened under FDR, and to a lesser extent with Obysmal, investment TANKED in the economy. Under Obama, it basically took an 8 year hiatus from great investment, to next to none.
That being said, it is also why even the Democrats in congress know that Trumps economy is going to grow much faster than Obamas, because of the BUSINESS INVESTMENT numbers, along with productivity in the near future rising dramatically, with all the outlays for new machinery and equipment.
So you see, the GDP numbers do NOT tell the whole story, and anyone who just sits and tells you they know what is going on by looking at Obysmals GDP numbers and comparing them to Trumps, are either trying to mislead you, or have no clue!
So in closing, let me remind you that even while in depression, FDR managed to get himself a year of at least 3% growth, which should tell everyone how abysmal, Obysmals economy actually was! And then...……...let me tell you...…..unless a war starts, with all of the business investment NOW going on in the US, and with ALL the repatriation of massive amounts of cash from offshore, there is no way that the US can NOT hit 3% or higher, probably by this year, but if not, next year for sure. And to be honest, once the trade deals are done, it will go higher than that. So, some say Trump is dumb, stupid, a fool, etc. He is the one who designed this, or at the very least, hired the people who did. That my friends, is no fool in my book-)
