Trump Economic Boom: 3% Growth

[Meathead]

Of course some will feebly try to spin this, but there is little doubt that Trump has ignited an economy that had plodded sluggishly along during 8 years of Obama's anti-business approach. Make America Great Again- check!

What rose in the third quarter? Stocks, bonds—basically everything

What rose in the third quarter? Stocks, bonds—basically everything

 

[TheOldSchool]

Cool. Obama had several quarters of 3% or more growth. Let's hope this keeps up.

 

[rightwinger]

Trump promised 4% growth

What happened?

 

[Meathead]

Cool. Obama had several quarters of 3% or more growth. Let's hope this keeps up.

It is cool. So two consecutive quarters of 3% growth after under 2% in the first::

"Typically, economic growth in the first quarter of a new presidency is attributed to the previous administration, meaning former President George W. Bush gets credit for the 5.4 percent contraction in the economy during the first three months of 2009."

Did Obama never have a whole year of 3% economic growth?

 

[Meathead]

Trump promised 4% growth

What happened?

Ya know, if this keeps up, and it will, you'll have to get a job. Scary stuff this Trump economy, eh?

 

[Fenton Lum]

Of course some will feebly try to spin this, but there is little doubt that Trump has ignited an economy that had plodded sluggishly along during 8 years of Obama's anti-business approach. Make America Great Again- check!

What rose in the third quarter? Stocks, bonds—basically everything

What rose in the third quarter? Stocks, bonds—basically everything

Yup, Wall Street and the donor/"job creator" class always have it coververd "either" way, the white house is always populated with Goldman Sachs execs "either" way.

Meanwhile half of american wage earners drag home less than $30K per year in an economic system predicated upon mass consumption. Let us all join hands in celebration of the american aristocracy.

 

[Correll]

Trump promised 4% growth

What happened?

He's not moving on trade fast enough.

That's what happened.

 

[rightwinger]

World Bank: Trump GDP Growth Will Be Worse Than Obama's

 

[rightwinger]

Trump promised 4% growth

What happened?

He's not moving on trade fast enough.

That's what happened.

Slacker

Where are all those jobs from China?

 

[Hossfly]

Here's some interesting tidbits on the economy since Trump rescued America.


Number of Americans on Food Stamps Plummets


Former president Barack Obama has been busy since leaving office trying to secure his legacy.


But here’s one big way Americans will always remember the 44th president: People forced to live on food stamp soared 32% under his watch. In 2009, when he took office, there were 33.5 million people on food stamp benefits; in October 2016, just a few months before he left office, that number had skyrocketed to 44.2 million — a jump of 10.7 million people.

The cost of the program to taxpayers rose from $50.3 billion to $66.6 billion — all while Obama’s administration pushed the idea that the economy was booming (it wasn’t). As the unemployment rate dropped (mainly due to Obama officials reducing the number of people considered in the “work force”), millions were forced onto food stamps.

But that “hope and change” has been replaced by four simple words: “Make America Great Again.”

New statistics from the U.S. Department of Agriculture show nearly1.5 million Americans have gotten off the food stamp rolls since President Trump took office in January 2017. That’s a 3.5% drop in less than a year.

They’ve been streaming off the rolls every month.

January to February – 408,956
February to March – 95,152
March to April – 521,295
April to May- 176,527
May to June – 178,648
June to July – 236,417

source: dailywire.com



Number of Americans on Food Stamps Plummets

 

[Correll]

Trump promised 4% growth

What happened?

He's not moving on trade fast enough.

That's what happened.

Slacker

Where are all those jobs from China?

Exactly.


Trade reform is the low hanging fruit today.

 

[basquebromance]

GDP Grows 3% in 3rd quarter. That’s two in a row. Amazing how that didn’t magically happen in the last 8 years.

And when tax cuts happen GDP will grow over 4%!! MAGA!!

 

[miketx]

Cool. Obama had several quarters of 3% or more growth. Let's hope this keeps up.

That never happened. He 8 years of job loss or worse. No matter what lies you spin here, it's all documented fact.

 

[Correll]

World Bank: Trump GDP Growth Will Be Worse Than Obama's

World Bank? Sounds like an organization with a vested interest in globalization.

 

[rightwinger]

The Great Obama is laughing at the feeble Trump economy, Believe me