GDP expected to grow 0.4% the fourth quarter

[flack]

Colette Marie‎ to MR PRESIDENT TRUMP


The following is an extremely thoughtful view of America by a 26-year old from a Facebook post.... I hope you enjoy her comments...

“I’m sitting in a small coffee shop near Nokomis trying to think of what to write about. I scroll through my newsfeed on my phone looking at the latest headlines of Democratic candidates calling for policies to “fix” the so-called injustices of capitalism.

I put my phone down and continue to look around. I see people talking freely, working on their MacBook’s, ordering food they get in an instant, seeing cars go by outside, and it dawned on me.

We live in the most privileged time in the most prosperous nation and we’ve become completely blind to it. Vehicles, food, technology, freedom to associate with whom we choose. These things are so ingrained in our American way of life we don’t give them a second thought. We are so well off here in the United States that our poverty line begins 31 times above the global average. Thirty. One. Times.

Virtually no one in the United States is considered poor by global standards. Yet, in a time where we can order a product off Amazon with one click and have it at our doorstep the next day, we are unappreciative, unsatisfied, and ungrateful.

Our unappreciation is evident as the popularity of socialist policies among my generation continues to grow. Democratic Congresswoman Alexandria Ocasio-Cortez recently said to Newsweek talking about the millennial generation, “An entire generation, which is now becoming one of the largest electorates in America, came of age and never saw American prosperity.”

Never saw American prosperity. Let that sink in. When I first read that statement, I thought to myself, that was quite literally the most entitled and factually illiterate thing I’ve ever heard in my 26 years on this earth. Now, I’m not attributing Miss Ocasio-Cortez’s words to outright dishonesty. I do think she whole-heartedly believes the words she said to be true. Many young people agree with her, which is entirely misguided. My generation is being indoctrinated by a mainstream narrative to actually believe we have never seen prosperity. I know this first hand, I went to college, let’s just say I didn’t have the popular opinion, but I digress.

Let me lay down some universal truths really quick. The United States of America has lifted more people out of abject poverty, spread more freedom and democracy, and has created more innovation in technology and medicine than any other nation in human history. Not only that but our citizenry continually breaks world records with charitable donations, the rags to riches story is not only possible in America but not uncommon, we have the strongest purchasing power on earth, and we encompass 25% of the world’s GDP.

The list goes on. However, these universal truths don’t matter. We are told that income inequality is an existential crisis (even though this is not an indicator of prosperity, some of the poorest countries in the world have low-income inequality), we are told that we are oppressed by capitalism (even though it’s brought about more freedom and wealth to the most people than any other system in world history), we are told that the only way we will acquire the benefits of true prosperity is through socialism and centralization of federal power (even though history has proven time and again this only brings tyranny and suffering).

Why then, with all of the overwhelming evidence around us, evidence that I can even see sitting at a coffee shop, do we not view this as prosperity?

We have people who are dying to get into our country. People around the world destitute and truly impoverished. Yet, we have a young generation convinced they’ve never seen prosperity, and as a result, elect politicians dead set on taking steps towards abolishing capitalism. Why?

The answer is this, my generation has ONLY seen prosperity. We have no contrast. We didn’t live in the great depression, or live through two world wars, or see the rise and fall of socialism and communism. We don’t know what it’s like not to live without the internet, without cars, without smartphones. We don’t have a lack of prosperity problem. We have an entitlement problem, an ungratefulness problem, and it’s spreading like a plague.

With the current political climate giving rise to the misguided idea of a socialist utopia, will we see the light? Or will we have to lose it all to realize that what we have now is true prosperity? Destroying the free market will undo what millions of people have died to achieve.

My generation is becoming the largest voting bloc in the country. We have an opportunity to continue to propel us forward with the gifts capitalism and democracy has given us. The other option is that we can fall into the trap of entitlement and relapse into restrictive socialist destitution. The choice doesn’t seem too hard, does it?”

- Alyssa Ahlgren

We're being propelled forwards because President Obama put us on the right path and the idiot in the WH now thinks he did it all himself

Yeah you keep dreaming Alice.

 

[Markle]

On top of this the rate was just fixed upwards to 2.1% from 1.9% from last quarter...

The comparison is 2.1 vs 4%.
But you thought comparing 2.1 to 1.9 would somehow make Trump's promise look good.
You failed.

On top of this the rate was just fixed upwards to 2.1% from 1.9% from last quarter...

The comparison is 2.1 vs 4%.
But you thought comparing 2.1 to 1.9 would somehow make Trump's promise look good.
You failed.

Relax, cool your heels! President Donald Trump has FIVE MORE YEARS!

 

[edward37]

On top of this the rate was just fixed upwards to 2.1% from 1.9% from last quarter...

The comparison is 2.1 vs 4%.
But you thought comparing 2.1 to 1.9 would somehow make Trump's promise look good.
You failed.

On top of this the rate was just fixed upwards to 2.1% from 1.9% from last quarter...

The comparison is 2.1 vs 4%.
But you thought comparing 2.1 to 1.9 would somehow make Trump's promise look good.
You failed.

Relax, cool your heels! President Donald Trump has FIVE MORE YEARS!

BITE YOUR TONGUE If so we're going down hill from here

 

[Markle]

And we've been at full employment since 2015 and the stock market's been hitting record highs since 2013.

IF, we reached "FULL EMPLOYMENT" at the end of 2015 (5% at the time) following the slowest recovery in our history, how is it now 3.6%? How could that happen?

 

[Markle]

On top of this the rate was just fixed upwards to 2.1% from 1.9% from last quarter...

The comparison is 2.1 vs 4%.
But you thought comparing 2.1 to 1.9 would somehow make Trump's promise look good.
You failed.

On top of this the rate was just fixed upwards to 2.1% from 1.9% from last quarter...

The comparison is 2.1 vs 4%.
But you thought comparing 2.1 to 1.9 would somehow make Trump's promise look good.
You failed.

Relax, cool your heels! President Donald Trump has FIVE MORE YEARS!

BITE YOUR TONGUE If so we're going down hill from here

Yep, sure seems like we're going down fast!

The Unemployment Rate Does Not Signal A Recession
Update - October 4, 2019
Oct. 4, 2019 10:29 AM ET

|The Unemployment Rate Does Not Signal A Recession: Update - October 4, 2019 | Seeking Alpha

###

Steve Moore: Middle-class Incomes Surge More Than $5,000 Under Trump Economy
BY PETER VICENZI
10/07/2019

Steve Moore: Middle-class Incomes Surge More Than $5,000 Under Trump Economy | FreedomWorks

###

Younger and Minority Workers Lead Wage Gains as Expansion Ages
Oct. 17, 2019, 8:59 AM

A tightening labor market with U.S. unemployment rate at a 50-year low is starting to result in higher wages for full-time workers, including younger people and minorities whose pay has lagged.

Median weekly earnings for Americans in the third quarter rose 3.6% to $919, outpacing inflation, the U.S. Labor Department reported Wednesday. Earnings for those aged 25 to 54, in their prime working years, rose by 5%, the fastest rate of growth in recent years.

Younger and Minority Workers Lead Wage Gains as Expansion Ages

###

ECONOMY
Record-low black unemployment cheered by black activists
Published 1 month ago on September 9, 2019

[...]

“Love him or hate him, this is an incredible economic accomplishment for the President and a tremendous benefit for American blacks,” said Project 21 member Derryck Green.

Along with a reported third straight month of 3.7 percent overall unemployment, the federal Bureau of Labor Statistics (BLS) August jobs report noted that the overall black unemployment rate fell half-a-percent to 5.5 percent. This is the lowest black unemployment rate ever recorded. BLS began reporting employment statistics by race in 1972. And with overall white unemployment at 3.4 percent, it is also the smallest reported gap between the races ever in terms of joblessness. Until recently, the racial employment disparity between blacks and whites has generally held to a 2-1 margin.

Record-low black unemployment cheered by black activists

###

Help wanted: Too many jobs and not enough workers in most states
Tim Henderson, Stateline Published 8:00 a.m. CT Oct. 15, 2019 | Updated 7:10 p.m. CT Oct. 15, 2019

In 39 states, there are more jobs than people looking for them, according to a Stateline analysis of June hiring and employment data from the federal Bureau of Labor Statistics.

Help wanted: Too many jobs and not enough workers in most states

 

[Blaine Sweeter]

A man that's not a politician or an economist made some lofty promises that are difficult or impossible to follow through on. What an unbelievable situation.

Except that man assured the blithering idiots that only he could fix everything that those politicians had fucked up, remember?
OH, that's right. Of course you don't.
Trumpers have the recall of a gerbil.

 

[Blaine Sweeter]

Trump promised 4% a year or more.
GDPNow - Federal Reserve Bank of Atlanta

You’d think they would tire of bitching constantly.

Get used to it. Over 64% of the people in this country hate him.
You wouldn't know that because you stay safe in your bubble.

 

[Blaine Sweeter]

Trump promised 4% a year or more.
GDPNow - Federal Reserve Bank of Atlanta

Impeach him

but while you're waiting for him to be perpwalked out of the WH, give us a list of presidents that have made EVERY campaign promise come true.

Out of any president in the history of this country he has fucking lied more than all of them combined.

President Trump has made 13,435 false or misleading claims ...
Oct 14, 2019 - The Fact Checker is keeping a running list of the false or misleading claims Trump says most regularly. Here's what you need to know.

 

[Faun]

And we've been at full employment since 2015 and the stock market's been hitting record highs since 2013.

IF, we reached "FULL EMPLOYMENT" at the end of 2015 (5% at the time) following the slowest recovery in our history, how is it now 3.6%? How could that happen?

Imbecile, "full employment" doesn't mean the unemployment rate can't go lower.

 

[edward37]

Trump promised 4% a year or more.
GDPNow - Federal Reserve Bank of Atlanta

Impeach him

but while you're waiting for him to be perpwalked out of the WH, give us a list of presidents that have made EVERY campaign promise come true.

Out of any president in the history of this country he has fucking lied more than all of them combined.

President Trump has made 13,435 false or misleading claims ...
Oct 14, 2019 - The Fact Checker is keeping a running list of the false or misleading claims Trump says most regularly. Here's what you need to know.
https://www.washingtonpost.com/poli...as-made-false-or-misleading-claims-over-days/

And trumpettes can't see the forest for the trees Trump is a supreme grifter

 

[Meathead]

And we've been at full employment since 2015 and the stock market's been hitting record highs since 2013.

IF, we reached "FULL EMPLOYMENT" at the end of 2015 (5% at the time) following the slowest recovery in our history, how is it now 3.6%? How could that happen?

Imbecile, "full employment" doesn't mean the unemployment rate can't go lower.

4% was considered to be full employment ... before the Trump era.

MAGA!

 

[Bo Didleysquat]

A man that's not a politician or an economist made some lofty promises that are difficult or impossible to follow through on. What an unbelievable situation.

Just another liar, totally believable.

 

[Bo Didleysquat]

And we've been at full employment since 2015 and the stock market's been hitting record highs since 2013.

IF, we reached "FULL EMPLOYMENT" at the end of 2015 (5% at the time) following the slowest recovery in our history, how is it now 3.6%? How could that happen?

Imbecile, "full employment" doesn't mean the unemployment rate can't go lower.

4% was considered to be full employment ... before the Trump era.

MAGA!

Increasing wealth disparity is good for the Wall Street banksters and the "job creator" class, yes.

 

[edward37]

A man that's not a politician or an economist made some lofty promises that are difficult or impossible to follow through on. What an unbelievable situation.

Just another liar, totally believable.

Not just a gd liar but the POS has to slime everyone that speaks against him When running, how nasty was he to other candidates ?
Always was a pos,,,,no change

 

[Auld Phart]

Trump promised 4% a year or more.
GDPNow - Federal Reserve Bank of Atlanta

Impeach him

but while you're waiting for him to be perpwalked out of the WH, give us a list of presidents that have made EVERY campaign promise come true.

Out of any president in the history of this country he has fucking lied more than all of them combined.

President Trump has made 13,435 false or misleading claims ...
Oct 14, 2019 - The Fact Checker is keeping a running list of the false or misleading claims Trump says most regularly. Here's what you need to know.

And trumpettes can't see the forest for the trees Trump is a supreme grifter

yeah yeah...

Trump raped you.

(Only reason I can think of for you to be such a complete jackass.)

 

[Bo Didleysquat]

Trump promised 4% a year or more.
GDPNow - Federal Reserve Bank of Atlanta

Impeach him

but while you're waiting for him to be perpwalked out of the WH, give us a list of presidents that have made EVERY campaign promise come true.

Out of any president in the history of this country he has fucking lied more than all of them combined.

President Trump has made 13,435 false or misleading claims ...
Oct 14, 2019 - The Fact Checker is keeping a running list of the false or misleading claims Trump says most regularly. Here's what you need to know.

And trumpettes can't see the forest for the trees Trump is a supreme grifter

yeah yeah...

Trump raped you.

(Only reason I can think of for you to be such a complete jackass.)

Everyone knew what Don was decades ago, c'mon, really. You've embraced a complete jackass so that's clearly not what you're soiling yourself over here.

 

[Faun]

And we've been at full employment since 2015 and the stock market's been hitting record highs since 2013.

IF, we reached "FULL EMPLOYMENT" at the end of 2015 (5% at the time) following the slowest recovery in our history, how is it now 3.6%? How could that happen?

Imbecile, "full employment" doesn't mean the unemployment rate can't go lower.

4% was considered to be full employment ... before the Trump era.

MAGA!

The U.S. Economy Is Finally at Full Employment

 

[Auld Phart]

Trump promised 4% a year or more.
GDPNow - Federal Reserve Bank of Atlanta

Impeach him

but while you're waiting for him to be perpwalked out of the WH, give us a list of presidents that have made EVERY campaign promise come true.

Out of any president in the history of this country he has fucking lied more than all of them combined.

President Trump has made 13,435 false or misleading claims ...
Oct 14, 2019 - The Fact Checker is keeping a running list of the false or misleading claims Trump says most regularly. Here's what you need to know.

And trumpettes can't see the forest for the trees Trump is a supreme grifter

yeah yeah...

Trump raped you.

(Only reason I can think of for you to be such a complete jackass.)

Everyone knew what Don was decades ago, c'mon, really. You've embraced a complete jackass so that's clearly not what you're soiling yourself over here.

you're not paying much attention, bo...

Try reading my posts...

Starting with my refusal to vote for him, before he even started an actual campaign.

You're coming off nearly as stupid as ed

 

[edward37]

Trump promised 4% a year or more.
GDPNow - Federal Reserve Bank of Atlanta

Impeach him

but while you're waiting for him to be perpwalked out of the WH, give us a list of presidents that have made EVERY campaign promise come true.

Out of any president in the history of this country he has fucking lied more than all of them combined.

President Trump has made 13,435 false or misleading claims ...
Oct 14, 2019 - The Fact Checker is keeping a running list of the false or misleading claims Trump says most regularly. Here's what you need to know.

And trumpettes can't see the forest for the trees Trump is a supreme grifter

yeah yeah...

Trump raped you.

(Only reason I can think of for you to be such a complete jackass.)

Difference is you'd like it

 

[skews13]

Annualized GDP growth rate in the first 14 quarters of the Trump administration: 2.5%
Annualized GDP growth rate in the last 14 quarters of the Obama administration: 2.3%

Real Gross Domestic Product

That's embarrassing as hell for Republicans.

Obama inherited the worst recession since the 1930's, and spent 8 years with Republicans obstructing him at every turn in the road. Not just obstruction, unprecedented seditious obstruction, and he finishes at 2.3%.

Trump inherits a booming economy with low unemployment, cheap energy prices, and a stock market that hit records every month Obama was in office. With control of both Houses of Congress by Republicans, that gave him everything he wanted, and has managed to get to 2.5%.

In anyone's reality that's called Obama kicking Trumps orange ass, with both hands tied behind his back.