TrumpO will be the 2nd President in US history “not to have a single year of 3 percent growth”

[AntonToo]

Toddsterpatriot, post: 22645288,

Remember when you were sure the first quarter wouldn't break 3%?

No. I have been sure it was not going as high as it did in 2018. That means TrumpO will never have a single year of GDP above 3.0 or more than Obama’s 2.9.

If the second quarter holds at 1.5 as it is doing right now TrumpO can kiss his 3.0+ economy accomplishment goodbye.

His 4.0 prediction shows that what an inept lying ridiculous buffoon your cult master truly is.

You know it too don’t you TrumoOroid.

Just to update - 2018 final real GDP growth number is 2.5%

 

[NotfooledbyW]

Gee, Not Fooled...how do you think Barry's economy would have fared if the Fed hadn't given him near 0% interest rates for most of his two terms in office? Now contrast THAT with the 8 rate increases that Trump has had to absorb since he was elected!

TrumpO has the Fed back to zero.

Obama has a 2.2 , and a 2.9 and a 2.5 and a 1.6 and a 1.8.

TrumpO has a 2.4%, 2.9% and 2.3% in 2017, 2018 and 2019, respectively, for an average growth rate of 2.5%.

TRUMP’s 2020 Q1 Is minus (5%)
TRUMP’s 2020 Q2 heading for minus (40%)

Obama kicks TrumpOs ass on ever aspect of the economy..

 

[Cellblock2429]

Gee, Not Fooled...how do you think Barry's economy would have fared if the Fed hadn't given him near 0% interest rates for most of his two terms in office? Now contrast THAT with the 8 rate increases that Trump has had to absorb since he was elected!

TrumpO has the Fed back to zero.

Obama has a 2.2 , and a 2.9 and a 2.5 and a 1.6 and a 1.8.

TrumpO has a 2.4%, 2.9% and 2.3% in 2017, 2018 and 2019, respectively, for an average growth rate of 2.5%.

TRUMP’s 2020 Q1 Is minus (5%)
TRUMP’s 2020 Q2 heading for minus (40%)

Obama kicks TrumpOs ass on ever aspect of the economy..

/——-/ Wrong again azzwipe.

 

[NotfooledbyW]

-/ Wrong again azzwipe

The Obama highmark on GDP WAS +2.9% growth. WTF is Limbaugh talking about.

Trump just delivered a -5% Q1 this year and looking at -40% in Q2.

After the stimulus Obama kept the GDP in positive territory for seven years.

Trump effed it all up.

 

[miketx]

-/ Wrong again azzwipe

The Obama highmark on GDP WAS +2.9% growth. WTF is Limbaugh talking about.

Trump just delivered a -5% Q1 this year and looking at -40% in Q2.

After the stimulus Obama kept the GDP in positive territory for seven years.

Trump effed it all up.

Liar.

 

[NotfooledbyW]

-/ Wrong again azzwipe

The Obama highmark on GDP WAS +2.9% growth. WTF is Limbaugh talking about.

Trump just delivered a -5% Q1 this year and looking at -40% in Q2.

After the stimulus Obama kept the GDP in positive territory for seven years.

Trump effed it all up.

Liar.

What’s a lie? Q1 2020 GDP is -5% TRUMP is President

 

[Sun Devil 92]

Q2 2019 forecasts plus sub 2% growth in most longer term forecasts are telling us that TrumpO will be the 2nd President in US history “not to have a single year of 3 percent growth” therefore he and his base must eat his own words.

Trump and Obama are tied at 2.9 % best full year of GDP growth.*

Obama 2015 and TrumpO 2018.

*(actually Obama beats Trumpo for a single year when you count last two quarters in 2014 plus first two quarters of 2015.)

According to TrumpO having a single year at 2.9% or less GDP growth is anemic and weak.

"Obama is the first president in modern history not to have a single year of 3 percent growth," Trump said during an Oct. 28 campaign rally in Manchester, N.H.

Trump's claim about Obama's weak economic growth is limited

Oooops for TrumpOroids: Q2 2019 is being forecast at 1.4 percent. It’s a long way to 3.0% avg for 2019. A really long way to 6% as TrumpO promised we were headed.

Latest forecast: 1.4 percent — June 7, 2019
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2019 is 1.4 percent on June 7, down from 1.5 percent on June 6.

GDPNow - Federal Reserve Bank of Atlanta


View attachment 264799

So what is all the right wing fuss about TrumpO bringing the greatest economy ever to America.?

How does a president who started with a recession (meaning built in growth) not reach 3%.

Obama sucked.

TDS thread 1,646

 

[NotfooledbyW]

How does a president who started with a recession (meaning built in growth) not reach 3%.

"Obama is the first president in modern history not to have a single year of 3 percent growth," Trump said during an Oct. 28 campaign rally in Manchester, N.H.

Trump started in 2017 from the same 2008 recession and ended the longest period of GDP based economic growth in US history growth that Obama started. Trump will end his disgusting corrupt incompetent occupation of the White House with a single year of GDP Growth at negative 5.8%.

Business reopenings have started. But expect second quarter GDP to still drop by 30% to 40% at an annualized rate. Even with a pretty good rebound in the second half of the year, expect 2020 GDP to decline 5.8%. Full recovery is likely to take until the end of 2021. First Quarter was Bad, Second Quarter Will Be Worse​

Trump said it’s a failed presidency that does not have one “single year of 3 percent growth” and his presidency failed to have that for three years and in fact will have the legacy of having his final single year of -3% or more negative growth which in TRUMP’s own words Means his presidency is a super monumental failure.

 

[Cellblock2429]

-/ Wrong again azzwipe

The Obama highmark on GDP WAS +2.9% growth. WTF is Limbaugh talking about.

Trump just delivered a -5% Q1 this year and looking at -40% in Q2.

After the stimulus Obama kept the GDP in positive territory for seven years.

Trump effed it all up.

Liar.

What’s a lie? Q1 2020 GDP is -5% TRUMP is President

/——-/ Please cite the EO that Trump signed, shutting down the economy. Or are you so brain dead, you don’t know it was the Governors who did it? But you know better.

 

[NotfooledbyW]

—-/ Please cite the EO that Trump signed, shutting down the economy. Or are you so brain dead, you don’t know it was the Governors who did it?

That is exactly why Trump is responsible for the economic catastrophe and much of the death. Trump should have issued an executive order early in March when people were advising him that this was coming but he was afraid to because he didn’t wanna spook the stock market and thats because that would hurt his chances of getting re-elected.