US GDP grows at 3% Trump wins againGDP is growing at 3%

[1srelluc]

True. Economists love predicting recessions. When they get it right, everyone says they’re brilliant. When they get it wrong, people are happy and don’t care.

Sort of like meteorologists.

 

[Winston]

Real GDP growth has been steadily climbing since Cankles crashed the economy and left office.

REAL GDP growth. That is factoring in inflation.

Try again.

Real Gross Domestic Product

View the annual rate of economic output, or the inflation-adjusted value of all new goods and services produced by labor and property located in the U.S.

fred.stlouisfed.org

Seriously, can you even understand that graph? I see one big dip, a '"crash", looks like two to three successive quarters of decline that ended in Q2 of 2020. Who was president then? Trump has two quarters now on the books, the first one, what do you know, another declining quarter. This increase, it is a numbers game. The big key, investment is down. And yes, consumer spending is up, just a little bit, but what was driving that?

Within services, the leading contributors were health care, food services and accommodations, and financial services and insurance. Within goods, the leading contributors were motor vehicles and parts and other nondurable goods.

Not really sure how increased health care spending is a good thing. But entertainment is up, that is a positive. But motor vehicles and nondurable goods? That is no different than the Q1 and business spending. It is just getting ahead of the possible tariffs.

 

[Mac1958]

Real GDP growth has been steadily climbing since Cankles crashed the economy and left office.

REAL GDP growth. That is factoring in inflation.

Try again.

Real Gross Domestic Product

View the annual rate of economic output, or the inflation-adjusted value of all new goods and services produced by labor and property located in the U.S.

fred.stlouisfed.org

We'll see how things look in mid-October when the September inflation report comes out. That should give us a good gauge of where we are with the tarrifs longer term.

If the economy can absorb the higher costs to American employers, we could be in good shape. The economy is incredibly resilient. No one knows. Here's hoping.

 

[M14 Shooter]

I imagine government spending is a huge part of that result. Enjoy the deficit.

Funny how that only matters to you because Trump.

 

[M14 Shooter]

We'll see how things look in mid-October when the September inflation report comes out.

Keep pushing that finish line further and further back..

 

[Winston]

Funny how that only matters to you because Trump.

Project much?

 

[Hafar1014]

GDP growth in 2024 was 3 and 3.1% in Q2 and Q3, but that was never touted by any of you.

Thats because 40% was government debt based spending not capital. We have to pay that back

 

[kyzr]

Seriously, can you even understand that graph? I see one big dip, a '"crash", looks like two to three successive quarters of decline that ended in Q2 of 2020. Who was president then? Trump has two quarters now on the books, the first one, what do you know, another declining quarter. This increase, it is a numbers game. The big key, investment is down. And yes, consumer spending is up, just a little bit, but what was driving that?
Within services, the leading contributors were health care, food services and accommodations, and financial services and insurance. Within goods, the leading contributors were motor vehicles and parts and other nondurable goods.
Not really sure how increased health care spending is a good thing. But entertainment is up, that is a positive. But motor vehicles and nondurable goods? That is no different than the Q1 and business spending. It is just getting ahead of the possible tariffs.

5000 is a stupid never-Trumper. We can thank those morons for the Biden presidency

 

[Nostra]

Inflation was at 3 percent when Trump was sworn in. Inflation went down to 2.3 percent in April, and has risen to 2.7 percent since then.

The Fed is probably going to hold interest rates steady today.

So inflation is down since Americans fired your Cult.

Cool.

 

[Nostra]

What lie did I tell exactly?

Have someone with a brain read my link and explain it to you, Simp.

 

[Marener]

Have someone with a brain read my link and explain it to you, Simp.

Your link confirms what I said, so I’ll need you to explain what you’re trying to say so that I can explain your misunderstanding.

 

[Nostra]

Seriously, can you even understand that graph? I see one big dip, a '"crash", looks like two to three successive quarters of decline that ended in Q2 of 2020. Who was president then? Trump has two quarters now on the books, the first one, what do you know, another declining quarter. This increase, it is a numbers game. The big key, investment is down. And yes, consumer spending is up, just a little bit, but what was driving that?

Within services, the leading contributors were health care, food services and accommodations, and financial services and insurance. Within goods, the leading contributors were motor vehicles and parts and other nondurable goods.

Not really sure how increased health care spending is a good thing. But entertainment is up, that is a positive. But motor vehicles and nondurable goods? That is no different than the Q1 and business spending. It is just getting ahead of the possible tariffs.

The last two quarters of Trump’s first team the DGP growth average 19.6%, then tater came in and fucked it up.

 

[Nostra]

We'll see how things look in mid-October when the September inflation report comes out.

You idiots have to keep pushing your doom and gloom further out into the future with each good economic report.

Sounds just like your MMGW bullshit, Simp.

Have you figured out what 15 + 15 is yet?

 

[kyzr]

That's because 40% was government debt based spending not capital. We have to pay that back

EXACTLY!!
Biden's budget had $2T deficits, adding $8T or so to the Debt.
The CBO said Trump's BBB would add $3.3T over 10-years, or $330b a year, watch that deficit disappear.

Trump's BBB cut $1.5T from Biden's budget, then is coming up with the following "pay-fors":
$190b from DOGE
$300b from tariffs
$300b from Fed rate cuts
$100b if congress passes Ted Cruz' new Bill to stop the Fed from paying interest on bank reserves held (1/2 foreign)
$300b? from GDP growth more than the CBO's 1.5%

Plus $440b or so of "claw-backs" from the democrat's theft

$375B EPA slush fund handled by John Podesta gave billions to charities founded only months earlier

By Isabel Vincent The Biden administration funneled at least $20 billion dollars into environmental groups, most of which had only recently been founded, The Post has discovered. In one case, forme…

www.climatedepot.com

Administrator Zeldin Terminates Biden-Harris $20B 'Gold Bar' Grants | US EPA

EPA News Release: Administrator Zeldin Terminates Biden-Harris $20B 'Gold Bar' Grants

www.epa.gov

Feds investigating Stacey Abrams-linked group’s ‘insane’ $2B EPA grant, Zeldin says

The massive grant was awarded to Power Forward Communities in April 2024 from environmental spending in former President Joe Biden’s Inflation Reduction Act of 2022.

nypost.com

The $42 billion internet program that has connected 0 people

The federal BEAD program makes little sense with the rate of private markets providing internet access.

www.washingtonpolicy.org

 

[Nostra]

Your link confirms what I said, so I’ll need you to explain what you’re trying to say so that I can explain your misunderstanding.

Nope. It proves you are a liar.

 

[Rambunctious]

https://finance.yahoo.com/news/us-economy-grows-at-3-in-q2-rebounding-from-first-pullback-in-3-years-123438673.html

Gross Domestic Product, 2nd Quarter 2025 (Advance Estimate) | U.S. Bureau of Economic Analysis (BEA)

Real gross domestic product (GDP) increased at an annual rate of 3.0 percent in the second quarter of 2025 (April, May, and June), according to the advance estimate released by the U.S. Bureau of Economic Analysis. In the first quarter, real GDP decreased 0.5 percent.

www.bea.gov

 

[Marener]

Nope. It proves you are a liar.

Explain the lie or admit you don’t know what you’re talking about.

 

[Nostra]

Explain the lie or admit you don’t know what you’re talking about.

I told you to find someone with a brain to explain it to you, Stupid.

Nit my jib.

 

[kyzr]

https://finance.yahoo.com/news/us-economy-grows-at-3-in-q2-rebounding-from-first-pullback-in-3-years-123438673.html

Gross Domestic Product, 2nd Quarter 2025 (Advance Estimate) | U.S. Bureau of Economic Analysis (BEA)

Real gross domestic product (GDP) increased at an annual rate of 3.0 percent in the second quarter of 2025 (April, May, and June), according to the advance estimate released by the U.S. Bureau of Economic Analysis. In the first quarter, real GDP decreased 0.5 percent.

www.bea.gov

3% wins. It beats the CBO's 1.5% assumption.

 

[Marener]

I told you to find someone with a brain to explain it to you, Stupid.

So you’re admitting you don’t know what you’re talking about.

Gotcha.