Conservative from Georgia
Diamond Member
- Oct 24, 2018
- 4,663
- 3,952
- 1,938
Original reading, with the shutdown factored in: 1.4%.
Revised reading , with the shutdown factored in: 0.7%.
Woah. That’s really low.
Let’s see. The shutdown is estimated to have shaved 1.16 % off the GDP that quarter. Let’s add it to the results.
Math: For the first reading, it would’ve been 1.4+1.16.= 1.56% GDP
FOR THE REVISED READING, 0.7+1.16 = 1.23%. Daaamnn that’s low! Even when we are just for the shutdown effects.
So not only is Trump worse than Biden in the foreign foreign policy area, but also the economy.
www.foxbusiness.com
Revised reading , with the shutdown factored in: 0.7%.
Woah. That’s really low.
Let’s see. The shutdown is estimated to have shaved 1.16 % off the GDP that quarter. Let’s add it to the results.
Math: For the first reading, it would’ve been 1.4+1.16.= 1.56% GDP
FOR THE REVISED READING, 0.7+1.16 = 1.23%. Daaamnn that’s low! Even when we are just for the shutdown effects.
So not only is Trump worse than Biden in the foreign foreign policy area, but also the economy.
US economic growth revised lower in 4Q, Commerce Department says | Fox Business
U.S. economic growth was revised lower to a rate of 0.7% in the fourth quarter, according to the second estimate released by the Bureau of Economic Analysis.
www.foxbusiness.com
