Trump's 4% GDP growth promise update

[pyetro]

4% is a big number for such a large economy. The fact he hit 3% is an achievement.

It's much easier to achieve if you cut down your expenses, which neither party seems willing to do.

4% is a big number for such a large economy. The fact he hit 3% is an achievement.

It's much easier to achieve if you cut down your expenses, which neither party seems willing to do.

U.S. GDP growth slows to 2.1% in the 2nd quarter

 

[danielpalos]

4% is a big number for such a large economy. The fact he hit 3% is an achievement.

It's much easier to achieve if you cut down your expenses, which neither party seems willing to do.

His economy isn't doing nearly as well in GDP growith, in job creation, or in wage growth, as the Obama economy. Trump promised "jobs on steriods", and that's not happening. He promises workers a $4000 a year raise from the corporate tax cuts, and that's not happening.

You want to achieve growth, raise wages. There's a lot of pent up demand among working Americans and the middle class, but they lack the money to act on that demand. All of the sluggishness with growth can be tied directly to the fact that the working and middle class have had no real raises in income since 1980, and have seen their savings and equity eroded by inflation and recessions.

blah blah blah, ... but you're not entitled to your own facts.


Obama failed across-the-board, and Trump and America are winning.

in right wing fantasy, you are always right.

 

[edward37]

4% is a big number for such a large economy. The fact he hit 3% is an achievement.

It's much easier to achieve if you cut down your expenses, which neither party seems willing to do.

His economy isn't doing nearly as well in GDP growith, in job creation, or in wage growth, as the Obama economy. Trump promised "jobs on steriods", and that's not happening. He promises workers a $4000 a year raise from the corporate tax cuts, and that's not happening.

You want to achieve growth, raise wages. There's a lot of pent up demand among working Americans and the middle class, but they lack the money to act on that demand. All of the sluggishness with growth can be tied directly to the fact that the working and middle class have had no real raises in income since 1980, and have seen their savings and equity eroded by inflation and recessions.

blah blah blah, ... but you're not entitled to your own facts.


Obama failed across-the-board, and Trump and America are winning.

in right wing fantasy, you are always right.

And now the orange moron needs and begs help from the fed to lower . If we're doing as great as the idiot says we are ,why lower rates ?

 

[Mac1958]

He was just kidding.

He likes to kid

He's a kidder.

He kids.

He was just kidding.
.

 

[Correll]

He was just kidding.

He likes to kid

He's a kidder.

He kids.

He was just kidding.
.

Are you displeased with the economy?

 

[edward37]

He was just kidding.

He likes to kid

He's a kidder.

He kids.

He was just kidding.
.

Are you displeased with the economy?

IF it was doing as great as trump says it is WHY lower rates ? What pitfalls lie ahead ?
BTW I'm doing great BUT how many middle class folks are heavy into the markets? The rich get richer and the middle class have babies, strike a bell with you?

 

[SweetTea]

He was just kidding.

He likes to kid

He's a kidder.

He kids.

He was just kidding.
.

Are you displeased with the economy?

IF it was doing as great as trump says it is WHY lower rates ? What pitfalls lie ahead ?
BTW I'm doing great BUT how many middle class folks are heavy into the markets? The rich get richer and the middle class have babies, strike a bell with you?

Maybe he has been counting/hoping on easing from the fed. like Obama, got, so far, he hasn't had that luxury. The worldwide economy has slowed more than ours, but it is affecting us as well.

45-50% of Americans have some money in the markets. That would include the middle class to a large extent.

 

[Correll]

He was just kidding.

He likes to kid

He's a kidder.

He kids.

He was just kidding.
.

Are you displeased with the economy?

IF it was doing as great as trump says it is WHY lower rates ? What pitfalls lie ahead ?
BTW I'm doing great BUT how many middle class folks are heavy into the markets? The rich get richer and the middle class have babies, strike a bell with you?

So, to be clear, that is a thumbs up on the economy? You know, the question I asked?

 

[SweetTea]

He was just kidding.

He likes to kid

He's a kidder.

He kids.

He was just kidding.
.

Are you displeased with the economy?

IF it was doing as great as trump says it is WHY lower rates ? What pitfalls lie ahead ?
BTW I'm doing great BUT how many middle class folks are heavy into the markets? The rich get richer and the middle class have babies, strike a bell with you?

So, to be clear, that is a thumbs up on the economy? You know, the question I asked?

You actually asked serveral questions which I answered. Yes, it is a thumbs up on the US economy. Only those NOT paying attention to the worldwide economy would think the US economy is not doing well.

 

[Mac1958]

Are you displeased with the economy?

Displeased? No, not at all.

I just don't like seeing a narcissistic President lying about it and his mal-informed followers obediently playing along.

I realize most don't know any better, but it's not that difficult to become educated on the basics, at least.
.

 

[MAGAman]

Are you displeased with the economy?

IF it was doing as great as trump says it is WHY lower rates ? What pitfalls lie ahead ?
BTW I'm doing great BUT how many middle class folks are heavy into the markets? The rich get richer and the middle class have babies, strike a bell with you?[/QUOTE]So you're bitching and whining because interest rates aren't high enough.

Trump isn't trying to please people that want Americans to suffer.... So get over it...

 

[Correll]

He was just kidding.

He likes to kid

He's a kidder.

He kids.

He was just kidding.
.

Are you displeased with the economy?

IF it was doing as great as trump says it is WHY lower rates ? What pitfalls lie ahead ?
BTW I'm doing great BUT how many middle class folks are heavy into the markets? The rich get richer and the middle class have babies, strike a bell with you?

So, to be clear, that is a thumbs up on the economy? You know, the question I asked?

You actually asked serveral questions which I answered. Yes, it is a thumbs up on the US economy. Only those NOT paying attention to the worldwide economy would think the US economy is not doing well.

My snideness was directed at Edward, who was being unclear.

 

[WTH_Progs?]

4% is a big number for such a large economy. The fact he hit 3% is an achievement.

It's much easier to achieve if you cut down your expenses, which neither party seems willing to do.

His economy isn't doing nearly as well in GDP growith, in job creation, or in wage growth, as the Obama economy. Trump promised "jobs on steriods", and that's not happening. He promises workers a $4000 a year raise from the corporate tax cuts, and that's not happening.

You want to achieve growth, raise wages. There's a lot of pent up demand among working Americans and the middle class, but they lack the money to act on that demand. All of the sluggishness with growth can be tied directly to the fact that the working and middle class have had no real raises in income since 1980, and have seen their savings and equity eroded by inflation and recessions.

A. Trump's GDP is greater despite Obama's economy having more potential for growth and lower interest rates. Did you lie or are you ignorant?

B. The Employment Cost Index, a measure of salary and benefit costs, registered a 2.6 percent gain for the full year, tied for the best since 2007. Did you lie or are you ignorant?

 

[danielpalos]

4% is a big number for such a large economy. The fact he hit 3% is an achievement.

It's much easier to achieve if you cut down your expenses, which neither party seems willing to do.

His economy isn't doing nearly as well in GDP growith, in job creation, or in wage growth, as the Obama economy. Trump promised "jobs on steriods", and that's not happening. He promises workers a $4000 a year raise from the corporate tax cuts, and that's not happening.

You want to achieve growth, raise wages. There's a lot of pent up demand among working Americans and the middle class, but they lack the money to act on that demand. All of the sluggishness with growth can be tied directly to the fact that the working and middle class have had no real raises in income since 1980, and have seen their savings and equity eroded by inflation and recessions.

blah blah blah, ... but you're not entitled to your own facts.


Obama failed across-the-board, and Trump and America are winning.

in right wing fantasy, you are always right.

And now the orange moron needs and begs help from the fed to lower . If we're doing as great as the idiot says we are ,why lower rates ?

nobody takes the national socialist right wing seriously about economics.
U.S. National Debt Clock : Real Time
nothing but socialized wealth redistribution on a national basis that favors the Richest.

 

[edthecynic]

Maybe he has been counting/hoping on easing from the fed. like Obama, got

Rates were NEVER lowered by the FED under Obama, just another Trumpian LIE, but you knew that already.

 

[edward37]

He was just kidding.

He likes to kid

He's a kidder.

He kids.

He was just kidding.
.

Are you displeased with the economy?

IF it was doing as great as trump says it is WHY lower rates ? What pitfalls lie ahead ?
BTW I'm doing great BUT how many middle class folks are heavy into the markets? The rich get richer and the middle class have babies, strike a bell with you?

So, to be clear, that is a thumbs up on the economy? You know, the question I asked?

You actually asked serveral questions which I answered. Yes, it is a thumbs up on the US economy. Only those NOT paying attention to the worldwide economy would think the US economy is not doing well.

My snideness was directed at Edward, who was being unclear.

This help clear it up??
State of the economy

The Fed seems poised to lower rates on July 31 even though they are close to historically low levels, retail sales continue to be strong, unemployment is around all-time lows but job growth is slowing and inflation has not been too high or too low.

However, the economy is showing signs of weakness as seen in recent PMI reports, detailed analysis of March quarter’s GDP numbers and railroad traffic making a significant downward move over the past two months. If the economy continues on this path it could enter a recession when few are forecasting one with one reliable indicator foreshadowing a downturn in the next 6 to 18 months. It could become a self-fulfilling prophecy as almost 70% of CFO’s are predicting a recession by the end of 2020.

 

[Correll]

Are you displeased with the economy?

IF it was doing as great as trump says it is WHY lower rates ? What pitfalls lie ahead ?
BTW I'm doing great BUT how many middle class folks are heavy into the markets? The rich get richer and the middle class have babies, strike a bell with you?

So, to be clear, that is a thumbs up on the economy? You know, the question I asked?

You actually asked serveral questions which I answered. Yes, it is a thumbs up on the US economy. Only those NOT paying attention to the worldwide economy would think the US economy is not doing well.

My snideness was directed at Edward, who was being unclear.

This help clear it up??
State of the economy

The Fed seems poised to lower rates on July 31 even though they are close to historically low levels, retail sales continue to be strong, unemployment is around all-time lows but job growth is slowing and inflation has not been too high or too low.

However, the economy is showing signs of weakness as seen in recent PMI reports, detailed analysis of March quarter’s GDP numbers and railroad traffic making a significant downward move over the past two months. If the economy continues on this path it could enter a recession when few are forecasting one with one reliable indicator foreshadowing a downturn in the next 6 to 18 months. It could become a self-fulfilling prophecy as almost 70% of CFO’s are predicting a recession by the end of 2020.

Nope. When I ask people questions, I expect their words in answer, not cut and paste.


I could spin what you put there, either way. And I've seen too many people, post something like that, and when I guess what they meant, they pretend that they meant something else.




So, to be clear, that is a thumbs up on the economy? You know, the question I asked?

 

[Harpy Eagle]

Maybe he has been counting/hoping on easing from the fed. like Obama, got

Rates were NEVER lowered by the FED under Obama, just another Trumpian LIE, but you knew that already.

When Obama took office the rate was 0.15, it got as low as 0.07 under Obama, so it did get lowered under Obama

 

[edward37]

IF it was doing as great as trump says it is WHY lower rates ? What pitfalls lie ahead ?
BTW I'm doing great BUT how many middle class folks are heavy into the markets? The rich get richer and the middle class have babies, strike a bell with you?

So, to be clear, that is a thumbs up on the economy? You know, the question I asked?

You actually asked serveral questions which I answered. Yes, it is a thumbs up on the US economy. Only those NOT paying attention to the worldwide economy would think the US economy is not doing well.

My snideness was directed at Edward, who was being unclear.

This help clear it up??
State of the economy

The Fed seems poised to lower rates on July 31 even though they are close to historically low levels, retail sales continue to be strong, unemployment is around all-time lows but job growth is slowing and inflation has not been too high or too low.

However, the economy is showing signs of weakness as seen in recent PMI reports, detailed analysis of March quarter’s GDP numbers and railroad traffic making a significant downward move over the past two months. If the economy continues on this path it could enter a recession when few are forecasting one with one reliable indicator foreshadowing a downturn in the next 6 to 18 months. It could become a self-fulfilling prophecy as almost 70% of CFO’s are predicting a recession by the end of 2020.

Nope. When I ask people questions, I expect their words in answer, not cut and paste.


I could spin what you put there, either way. And I've seen too many people, post something like that, and when I guess what they meant, they pretend that they meant something else.




So, to be clear, that is a thumbs up on the economy? You know, the question I asked?

NO there is no thumbs up Our economy is headed over a cliff with this nitwit at the helm Can 70% of CEO's be wrong ?? Sure but my money would be on them before the liar in our WH You don't beg to lower rates when economy is as great as trump said it was

 

[Correll]

So, to be clear, that is a thumbs up on the economy? You know, the question I asked?

You actually asked serveral questions which I answered. Yes, it is a thumbs up on the US economy. Only those NOT paying attention to the worldwide economy would think the US economy is not doing well.

My snideness was directed at Edward, who was being unclear.

This help clear it up??
State of the economy

The Fed seems poised to lower rates on July 31 even though they are close to historically low levels, retail sales continue to be strong, unemployment is around all-time lows but job growth is slowing and inflation has not been too high or too low.

However, the economy is showing signs of weakness as seen in recent PMI reports, detailed analysis of March quarter’s GDP numbers and railroad traffic making a significant downward move over the past two months. If the economy continues on this path it could enter a recession when few are forecasting one with one reliable indicator foreshadowing a downturn in the next 6 to 18 months. It could become a self-fulfilling prophecy as almost 70% of CFO’s are predicting a recession by the end of 2020.

Nope. When I ask people questions, I expect their words in answer, not cut and paste.


I could spin what you put there, either way. And I've seen too many people, post something like that, and when I guess what they meant, they pretend that they meant something else.




So, to be clear, that is a thumbs up on the economy? You know, the question I asked?

NO there is no thumbs up Our economy is headed over a cliff with this nitwit at the helm Can 70% of CEO's be wrong ?? Sure but my money would be on them before the liar in our WH You don't beg to lower rates when economy is as great as trump said it was

What is Trump's job, in relation to the economy, right now, in your opinion?