Economy grows by 3.2% beating expectations !

[DigitalDrifter]

Yeah baby !!


US economy grows by 3.2% in the first quarter, topping expectations

• First-quarter gross domestic product expanded by 3.2%, the Bureau of Economic Analysis said in its initial read of the economy for that period.
• Economists polled by Dow Jones expected the U.S. economy increased by 2.5% in the first quarter.
• Gross domestic product for the first quarter was the best start to a year since 2015.

[
The U.S. economy grew at a faster pace than expected in the first quarter and posted its best growth to start a year in four years.

First-quarter gross domestic product expanded by 3.2%, the Bureau of Economic Analysis said Friday in its initial read of the economy for that period. Economists polled by Dow Jones expected growth of 2.5%. It was the first time since 2015 that first-quarter GDP topped 3%.
/QUOTE]

US economy grows by 3.2% in the first quarter, topping expectations

 

[MarathonMike]

Former leading economist and dedicated Trump hater Paul Krugman could not be reached for comment.

 

[MAGAman]

Bad news for Democrats.

 

[Rustic]

Former leading economist and dedicated Trump hater Paul Krugman could not be reached for comment.
View attachment 257965

Lol
Paul krugman is a fucking retard, He was very used to Barry’s and slick willies cock....

 

[Roudy]

With this kind of booming economy, there is no way Trump loses in 2020, no matter how many times Left squeals "sexist, racist, blah blah blah..."

 

[georgephillip]

Consumer debt hits $4 trillion — a record high

"Americans are diving deeper and deeper into the red.

"As of this month, outstanding consumer debt exceeded $4 trillion for the first time, according to the Federal Reserve.


"Relatively strong holiday spending, particularly in November, and increasing credit card debt added more than $41 billion in outstanding balances at the end of 2018, according to LendingTree, a loan comparison website, which analyzed the data from the Fed.

"In addition, a steady rise in student loan balances, as well as an increase in the cost of automobile financing in the fourth quarter, contributed another $80 billion."

Why are Americans sinking deeper and deeper into debt in a "booming" economy?

 

[RoshawnMarkwees]

If energy prices don’t start dropping and if trump actually pursues a gasoline tax instead of investigating what democrats have done with highway fund money, things can’t stay so rosy.

 

[theHawk]

Funny how last quarter the USMB Assclown brigade was gloating about the GDP being short of 3% and how it was all Orange Man’s fault. Where are they now?

 

[Zorro!]

2019 Starts off with a Bang in the First Quarter with Strong Economic Performance

2019 Economic Report of the President, the Council of Economic Advisers:

The strong economic performance in 2017 and 2018 was a distinct break from trend and positive surprise relative to expectations. We see in today’s advance estimate of real GDP growth in the first quarter of 2019 that the economy continues to outperform expectations.

TRUMP'S GDP GROWTH PROJECTIONS ARE EXTREMELY ACCURATE WHILE THE FOMC AND CBO PROJECTIONS ARE HORRIBLE AND ALWAYS WELL BELOW TRUMP'S ACTUAL PERFORMANCE

As shown in the figure below, in their final longer-term forecasts before the November 2016 election, the Congressional Budget Office and the Federal Open Market Committee on average projected four-quarter real GDP growth in 2017, 2018, and 2019 of 2.2, 2.0, and 1.7 percent, respectively. In actuality, real GDP grew 2.5 percent in 2017, 3.0 percent in 2018, and in the first quarter of 2019 grew at an annualized rate of 3.2 percent.

2019 Starts off with a Bang in the First Quarter with Strong Economic Performance | The White House

 

[airplanemechanic]

Consumer debt hits $4 trillion — a record high

"Americans are diving deeper and deeper into the red.

"As of this month, outstanding consumer debt exceeded $4 trillion for the first time, according to the Federal Reserve.


"Relatively strong holiday spending, particularly in November, and increasing credit card debt added more than $41 billion in outstanding balances at the end of 2018, according to LendingTree, a loan comparison website, which analyzed the data from the Fed.

"In addition, a steady rise in student loan balances, as well as an increase in the cost of automobile financing in the fourth quarter, contributed another $80 billion."

Why are Americans sinking deeper and deeper into debt in a "booming" economy?

Yea when you buy a house your household debt goes up a lot.

Maine home sales continue record-breaking pace

Housing confidence hits record high as home prices skyrocket

 

[Weatherman2020]

It’s Trumps election to lose.

 

[georgephillip]

Consumer debt hits $4 trillion — a record high

"Americans are diving deeper and deeper into the red.

"As of this month, outstanding consumer debt exceeded $4 trillion for the first time, according to the Federal Reserve.


"Relatively strong holiday spending, particularly in November, and increasing credit card debt added more than $41 billion in outstanding balances at the end of 2018, according to LendingTree, a loan comparison website, which analyzed the data from the Fed.

"In addition, a steady rise in student loan balances, as well as an increase in the cost of automobile financing in the fourth quarter, contributed another $80 billion."

Why are Americans sinking deeper and deeper into debt in a "booming" economy?

Yea when you buy a house your household debt goes up a lot.

Maine home sales continue record-breaking pace

Housing confidence hits record high as home prices skyrocket

Yea when you buy a house your household debt goes up a lot.

What about credit card debt?
"U.S. Consumer Debt Rose in January on Credit-Card Borrowing
By
Katia Dmitrieva
and
Alexandre Tanzi
March 7, 2019, 12:00 PM PST..."

Bloomberg - Are you a robot?

Normally, increasing levels of prosperity would coincide with declining levels of indebtedness. Trump has continued to grow Obama's bubble with artificially low interest rates and contrived UE numbers.

Remember Trump's campaign howls about "phony Obama unemployment numbers.?"

It's the same deception with the end game temporarily extended by Trump's tax cuts and a large increase in "defense" spending.

 

[georgephillip]

With this kind of booming economy, there is no way Trump loses in 2020, no matter how many times Left squeals "sexist, racist, blah blah blah..."

How does he manage that with 37% approval ratings?
Trump approval drops 3 points to 2019 low after release of Mueller report: Reuters/Ipsos poll - Reuters

 

[harmonica]

but that doesn't get the MSM viewership like their LIES/crap do
RACiSM/OBSTRUCTION/SEX are their big fairy tale ''stories''

 

[harmonica]

With this kind of booming economy, there is no way Trump loses in 2020, no matter how many times Left squeals "sexist, racist, blah blah blah..."

...remember, there are a lot of idiot libs/leftists/''leftists'' out there who vote on emotion ---not sense
...they wouldn't care if the economy is sky high
..it's like the '''other'' subjects---facts mean nothing to them
..they hate Trump/'''etc'''

 

[RealDave]

Yeah baby !!


US economy grows by 3.2% in the first quarter, topping expectations

• First-quarter gross domestic product expanded by 3.2%, the Bureau of Economic Analysis said in its initial read of the economy for that period.
• Economists polled by Dow Jones expected the U.S. economy increased by 2.5% in the first quarter.
• Gross domestic product for the first quarter was the best start to a year since 2015.

[
The U.S. economy grew at a faster pace than expected in the first quarter and posted its best growth to start a year in four years.

First-quarter gross domestic product expanded by 3.2%, the Bureau of Economic Analysis said Friday in its initial read of the economy for that period. Economists polled by Dow Jones expected growth of 2.5%. It was the first time since 2015 that first-quarter GDP topped 3%.
/QUOTE]

US economy grows by 3.2% in the first quarter, topping expectations

Highest since 2014/15.

Were you here then praising Obama? Think not.

Job creation during this period among the worst in decades. The Fed backtracking on raising rates.

Amazing what pumping 150 billion of borrowed money into the economy does.

 

[Weatherman2020]

With this kind of booming economy, there is no way Trump loses in 2020, no matter how many times Left squeals "sexist, racist, blah blah blah..."

How does he manage that with 37% approval ratings?
Trump approval drops 3 points to 2019 low after release of Mueller report: Reuters/Ipsos poll - Reuters

I drink your tears of anguish like fine wine.

 

[RealDave]

With this kind of booming economy, there is no way Trump loses in 2020, no matter how many times Left squeals "sexist, racist, blah blah blah..."

Only if you accept a conman & fraud, liar, amoral POS as our leader.

 

[Cellblock2429]

Consumer debt hits $4 trillion — a record high

"Americans are diving deeper and deeper into the red.

"As of this month, outstanding consumer debt exceeded $4 trillion for the first time, according to the Federal Reserve.


"Relatively strong holiday spending, particularly in November, and increasing credit card debt added more than $41 billion in outstanding balances at the end of 2018, according to LendingTree, a loan comparison website, which analyzed the data from the Fed.

"In addition, a steady rise in student loan balances, as well as an increase in the cost of automobile financing in the fourth quarter, contributed another $80 billion."

Why are Americans sinking deeper and deeper into debt in a "booming" economy?

/----/ Stull waiting for the DemocRATs balanced budget.

 

[Cellblock2429]

If energy prices don’t start dropping and if trump actually pursues a gasoline tax instead of investigating what democrats have done with highway fund money, things can’t stay so rosy.

/----/ "If energy prices don’t start dropping and if"
IF IF IF
I Don't Believe In If Anymore lyrics by Roger Whittaker ...
I Don't Believe In If Anymore lyrics by Roger Whittaker - original song full text. Official I Don't Believe In If Anymore lyrics, 2019 version | LyricsMode.com
Oh I don't believe in If anymore
If's an illusion
If's an illusion
No I don't believe in If anymore
If is for children
If is for children
Building daydreams