Q1 2019 watch - if under 3.0% - where is Trump’s economic miracle - can Trump beat O’s 2.9% ever?

[Harpy Eagle]

So, the slow steady decline of the GDP growth for the last 30 years is Obama's fault?

Has nothing to do with the simple mathematics that the larger some thing gets the harder it is to get high percentage changes.

Who says that?

who says what?

Who says GDP growth gets harder as the economy gets bigger? That certainly hasn't proved to be true in the cases of China and India.

Basic math, something that seems to escape you.

If you add $10,000 to $100,000 you have a growth rate of 0.09 or 9%. If you add 10,000 to 1,000,000 you have a growth rate of 0.0099 or roughly 1%.

That is why a 100 point rally for the DJI is not a big deal like it was 20 years ago.

Here's some basic math for you:

If $100,000 grows by 10%, then it grows by 10%.

If $1,000,000 grows by 10%, then it grows by 10%.

China's economy grows by 10%/yr, and it has the 2nd largest economy on earth. Obviously, shear size is not a constraint on growth.

China's GDP has not hit 10% growth in almost 9 years and likely never will again...because it has gotten so big.

This is not some radical idea, everything works this way.

Which is easier to do, go from 10% to 8% unemployment or from 4% to 2%?

10 years ago a gain of 150 points was a 2% jump for the DJI, today a gain of 150 points is .56% jump.

 

[Faun]

Dumbfuck, you said it increased 9 fold under trump. But it actually increased from 0.75% to 2.5%.

That is not a nine fold increase, I don't care how conservative you are.

Asshole. It's now more than nine times as high as it was for the first 7 years of Obama's weak economy.

And again, it was up to 0.75% under Obama. It's only tripled under Trump, just like it did under Obama.

No, the effective Fed Funds rate never touched 0.75% under Obama.
7 years under 0.25%. Two months over 0.50%.

LOL

Your ignorance knows no boundaries. Even the effective rate did not increase 9 fold under trump. The effective rate in January, 2017, was 0.66%.

Typical conservative; shouldn't play with numbers.

Less than 0.25% to 2.41%, it was actually more than 10 times the first 7 years of Obama's weak economy.

Numbnuts, it's only been this high since January. And it's still not high.

 

[Toddsterpatriot]

Asshole. It's now more than nine times as high as it was for the first 7 years of Obama's weak economy.

And again, it was up to 0.75% under Obama. It's only tripled under Trump, just like it did under Obama.

No, the effective Fed Funds rate never touched 0.75% under Obama.
7 years under 0.25%. Two months over 0.50%.

LOL

Your ignorance knows no boundaries. Even the effective rate did not increase 9 fold under trump. The effective rate in January, 2017, was 0.66%.

Typical conservative; shouldn't play with numbers.

Less than 0.25% to 2.41%, it was actually more than 10 times the first 7 years of Obama's weak economy.

Numbnuts, it's only been this high since January. And it's still not high.

Yes, after spending 7 years below 0.25% under Obama, it is now, since January, at least 2.40%.

And it's still not high.

Compared to the sub 0.25% Obama had for 7 years (holy shit!) it is high.

 

[Harpy Eagle]

And as we have this discussion we go into day 464 of stagnation of the major financial markets.

In that time:

DJI up 1.98%
S&P up 4.82%
NASDAQ up 13.86

 

[NotfooledbyW]

Q1 2019 watch - if under 3.0% - where is Trump’s economic miracle

US first-quarter GDP rose 3.2%, vs 2.5% growth expected

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

Hehe.

Help me out, is +3.2% more than Obama's -1.0% in his 9th quarter?

Obama had quarters in the 4%s didn’t he? And Trump has yet to break 3% annual growth in his first two years after campaigning that he would get 4 maybe 5%... right?

Obama had quarters in the 4%s didn’t he?

Did he? Wow! His weakest recovery since WWII must have been awesome!

Did he or did he not have quarters in the 4%s?

Has trump exceeded 3% in his first two years? Answer the questions

Obama tears TrumpO up on GDP growth per quarter.

View attachment 258084


Yes that is a 4.9 and 5.1 back to back..

What's the source of that garbage?

Why did you question my source?

 

[bripat9643]

Who says that?

who says what?

Who says GDP growth gets harder as the economy gets bigger? That certainly hasn't proved to be true in the cases of China and India.

Basic math, something that seems to escape you.

If you add $10,000 to $100,000 you have a growth rate of 0.09 or 9%. If you add 10,000 to 1,000,000 you have a growth rate of 0.0099 or roughly 1%.

That is why a 100 point rally for the DJI is not a big deal like it was 20 years ago.

Here's some basic math for you:

If $100,000 grows by 10%, then it grows by 10%.

If $1,000,000 grows by 10%, then it grows by 10%.

China's economy grows by 10%/yr, and it has the 2nd largest economy on earth. Obviously, shear size is not a constraint on growth.

China's GDP has not hit 10% growth in almost 9 years and likely never will again...because it has gotten so big.

View attachment 258690

This is not some radical idea, everything works this way.

Which is easier to do, go from 10% to 8% unemployment or from 4% to 2%?

10 years ago a gain of 150 points was a 2% jump for the DJI, today a gain of 150 points is .56% jump.

The real reason is that it has caught up to the West in terms of technology and capital accumulation. It can no longer grow simply by stealing technical knowhow from the West.

 

[Harpy Eagle]

who says what?

Who says GDP growth gets harder as the economy gets bigger? That certainly hasn't proved to be true in the cases of China and India.

Basic math, something that seems to escape you.

If you add $10,000 to $100,000 you have a growth rate of 0.09 or 9%. If you add 10,000 to 1,000,000 you have a growth rate of 0.0099 or roughly 1%.

That is why a 100 point rally for the DJI is not a big deal like it was 20 years ago.

Here's some basic math for you:

If $100,000 grows by 10%, then it grows by 10%.

If $1,000,000 grows by 10%, then it grows by 10%.

China's economy grows by 10%/yr, and it has the 2nd largest economy on earth. Obviously, shear size is not a constraint on growth.

China's GDP has not hit 10% growth in almost 9 years and likely never will again...because it has gotten so big.

View attachment 258690

This is not some radical idea, everything works this way.

Which is easier to do, go from 10% to 8% unemployment or from 4% to 2%?

10 years ago a gain of 150 points was a 2% jump for the DJI, today a gain of 150 points is .56% jump.

The real reason is that it has caught up to the West in terms of technology and capital accumulation. It can no longer grow simply by stealing technical knowhow from the West.

The real reason is that the larger it gets, the harder it is for it to rise by large percentage points.

 

[bripat9643]

Who says GDP growth gets harder as the economy gets bigger? That certainly hasn't proved to be true in the cases of China and India.

Basic math, something that seems to escape you.

If you add $10,000 to $100,000 you have a growth rate of 0.09 or 9%. If you add 10,000 to 1,000,000 you have a growth rate of 0.0099 or roughly 1%.

That is why a 100 point rally for the DJI is not a big deal like it was 20 years ago.

Here's some basic math for you:

If $100,000 grows by 10%, then it grows by 10%.

If $1,000,000 grows by 10%, then it grows by 10%.

China's economy grows by 10%/yr, and it has the 2nd largest economy on earth. Obviously, shear size is not a constraint on growth.

China's GDP has not hit 10% growth in almost 9 years and likely never will again...because it has gotten so big.

View attachment 258690

This is not some radical idea, everything works this way.

Which is easier to do, go from 10% to 8% unemployment or from 4% to 2%?

10 years ago a gain of 150 points was a 2% jump for the DJI, today a gain of 150 points is .56% jump.

The real reason is that it has caught up to the West in terms of technology and capital accumulation. It can no longer grow simply by stealing technical knowhow from the West.

The real reason is that the larger it gets, the harder it is for it to rise by large percentage points.

The historical evidence indicates otherwise, and you have failed to provide any justification for such a claim.

 

[Faun]

And again, it was up to 0.75% under Obama. It's only tripled under Trump, just like it did under Obama.

No, the effective Fed Funds rate never touched 0.75% under Obama.
7 years under 0.25%. Two months over 0.50%.

LOL

Your ignorance knows no boundaries. Even the effective rate did not increase 9 fold under trump. The effective rate in January, 2017, was 0.66%.

Typical conservative; shouldn't play with numbers.

Less than 0.25% to 2.41%, it was actually more than 10 times the first 7 years of Obama's weak economy.

Numbnuts, it's only been this high since January. And it's still not high.

Yes, after spending 7 years below 0.25% under Obama, it is now, since January, at least 2.40%.

And it's still not high.

Compared to the sub 0.25% Obama had for 7 years (holy shit!) it is high.

It's typically higher.

 

[NotfooledbyW]

Rustic, post: 22289807

Here’s the record thru 2018:
View attachment 254781

U.S. - GDP growth by year 1990-2017 | Statista

Trump and Obama are tied a 2.9 Best full year of GDP growth.

Do you think Trump’s Q1 this year will break the tie and boost Trump to 3.0 or more?

Do you believe Trump will ever get a full year of GDP growth this high?

View attachment 254787

Some experts - The liberal fake news WSJ is forecasting 1.4% for Q1.

• Economic Forecasting Survey - The Wall Street Journal. Economist Q&A. Forecast Edition: March 2019 ..... Projected: Q1 2019. 1.4%. Projected: Q2 2019. 2.6%. Projected: Q3 2019. 2.2%. Projected: ...

Trump supporters tell us your forecast?

What happens if Trump’s third year ends (GDP-wise) anywhere below Obama’s 2.9% in 2015?

According to Trump 2.9 is anemic and weak.

"Obama is the first president in modern history not to have a single year of 3 percent growth," Trump said during an Oct. 28 campaign rally in Manchester, N.H.

Trump's claim about Obama's weak economic growth is limited

Do you think Trump will be the second president in modern history not to have a single year of 3 percent growth,"

What does an “anemic” Trump do for Obama’s legacy?

• Moving forward, there are reasons to believe that growth will continue to be slower than was originally hoped. Annual U.S. GDP growth exceeding 3.0 percent, as experienced in the mid- to late 1990s and mid-2000s, is not expected to be attainable over the coming decade.

The U.S. economy to 2022: settling into a new normal : Monthly Labor Review: U.S. Bureau of Labor Statistics

Are we settling into a new normal that is not so horrible without 3% sustained GDP growth?

Capitalism is not a problem. Lying and ignorant Americans who cannot respond truthfully to a post us the problem.

 

[Slade3200]

What's the source of that garbage?

Those are real numbers dude. Look it up

I have. Those numbers don't resemble the ones I've seen.

Oh good, then maybe you can help us out by providing a more accurate source. Please show is what your source has for 2014 Q2 and Q3 GDP numbers.

ROFL! Sorry, but It's not my job to disprove a source you haven't even named.

It is your job if you want to win the argument. But I’ll name the source so you don’t have any more excuses.

You can waive the white flag now.

U.S.: real GDP growth by quarter 2011-2018 | Statista

Hey bripat9643 I've posted a source. Where are your “real” numbers?

 

[NotfooledbyW]

easyt65, post: 22164622

Here’s the record thru 2018:
View attachment 254781

U.S. - GDP growth by year 1990-2017 | Statista

Trump and Obama are tied a 2.9 Best full year of GDP growth.

Do you think Trump’s Q1 this year will break the tie and boost Trump to 3.0 or more?

Do you believe Trump will ever get a full year of GDP growth this high?

View attachment 254787

Some experts - The liberal fake news WSJ is forecasting 1.4% for Q1.

• Economic Forecasting Survey - The Wall Street Journal. Economist Q&A. Forecast Edition: March 2019 ..... Projected: Q1 2019. 1.4%. Projected: Q2 2019. 2.6%. Projected: Q3 2019. 2.2%. Projected: ...

Trump supporters tell us your forecast?

What happens if Trump’s third year ends (GDP-wise) anywhere below Obama’s 2.9% in 2015?

According to Trump 2.9 is anemic and weak.

"Obama is the first president in modern history not to have a single year of 3 percent growth," Trump said during an Oct. 28 campaign rally in Manchester, N.H.

Trump's claim about Obama's weak economic growth is limited

Do you think Trump will be the second president in modern history not to have a single year of 3 percent growth,"

What does an “anemic” Trump do for Obama’s legacy?

• Moving forward, there are reasons to believe that growth will continue to be slower than was originally hoped. Annual U.S. GDP growth exceeding 3.0 percent, as experienced in the mid- to late 1990s and mid-2000s, is not expected to be attainable over the coming decade.

The U.S. economy to 2022: settling into a new normal : Monthly Labor Review: U.S. Bureau of Labor Statistics

Are we settling into a new normal that is not so horrible without 3% sustained GDP growth?

Trump has accomplished economic and employment successes not seen in decades and accomplished more in 2 years than Obama did in 8...

Yet poor sore loser butt-hurt, hate-driven, reality-denying snowflakes continue to whine, wail, lie, deny, justify, and attempt to minimize successes Obama NEVER accomplished while President.

BWUHAHAHAHAHA....

poor little snowflakes...

Not so fast TrumpOroid. April sucked and forecasts for Q2 GDP are tanking. It’s the exact opposite of Q1 forecasting.

JP Morgan slashes second-quarter GDP forecast to just 1%

• J.P. Morgan economists said they now see much slower second-quarter growth of just 1%, down from their prior forecast of 2.25% and way off the 3.2% reported in the first quarter.
  
  "The April durable goods report was bad, particularly the details relating to capital goods orders and shipments. Coming on the heels of last week's crummy April retail sales report, it suggests second quarter activity growth is sharply downshifting from the first quarter pace," the economists wrote.
  
  The Atlanta Fed's GDP Now tracker has GDP growth for the first quarter at 1.3% for the quarter.

TrumpOroids need TrumpO to sustain a GDP for Q2 above 3% in order for TrumpO to beat Obama’s record one annual GDP growth.

Not looking good got the Great White MAGA Hopesters to get their economic miracle outta TrumpO.

The April durable goods report was bad,

 

[easyt65]

easyt65, post: 22164622

Here’s the record thru 2018:
View attachment 254781

U.S. - GDP growth by year 1990-2017 | Statista

Trump and Obama are tied a 2.9 Best full year of GDP growth.

Do you think Trump’s Q1 this year will break the tie and boost Trump to 3.0 or more?

Do you believe Trump will ever get a full year of GDP growth this high?

View attachment 254787

Some experts - The liberal fake news WSJ is forecasting 1.4% for Q1.

• Economic Forecasting Survey - The Wall Street Journal. Economist Q&A. Forecast Edition: March 2019 ..... Projected: Q1 2019. 1.4%. Projected: Q2 2019. 2.6%. Projected: Q3 2019. 2.2%. Projected: ...

Trump supporters tell us your forecast?

What happens if Trump’s third year ends (GDP-wise) anywhere below Obama’s 2.9% in 2015?

According to Trump 2.9 is anemic and weak.

"Obama is the first president in modern history not to have a single year of 3 percent growth," Trump said during an Oct. 28 campaign rally in Manchester, N.H.

Trump's claim about Obama's weak economic growth is limited

Do you think Trump will be the second president in modern history not to have a single year of 3 percent growth,"

What does an “anemic” Trump do for Obama’s legacy?

• Moving forward, there are reasons to believe that growth will continue to be slower than was originally hoped. Annual U.S. GDP growth exceeding 3.0 percent, as experienced in the mid- to late 1990s and mid-2000s, is not expected to be attainable over the coming decade.

The U.S. economy to 2022: settling into a new normal : Monthly Labor Review: U.S. Bureau of Labor Statistics

Are we settling into a new normal that is not so horrible without 3% sustained GDP growth?

Trump has accomplished economic and employment successes not seen in decades and accomplished more in 2 years than Obama did in 8...

Yet poor sore loser butt-hurt, hate-driven, reality-denying snowflakes continue to whine, wail, lie, deny, justify, and attempt to minimize successes Obama NEVER accomplished while President.

BWUHAHAHAHAHA....

poor little snowflakes...

Not so fast TrumpOroid. April sucked and forecasts for Q2 GDP are tanking. It’s the exact opposite of Q1 forecasting.

JP Morgan slashes second-quarter GDP forecast to just 1%

• J.P. Morgan economists said they now see much slower second-quarter growth of just 1%, down from their prior forecast of 2.25% and way off the 3.2% reported in the first quarter.
  
  "The April durable goods report was bad, particularly the details relating to capital goods orders and shipments. Coming on the heels of last week's crummy April retail sales report, it suggests second quarter activity growth is sharply downshifting from the first quarter pace," the economists wrote.
  
  The Atlanta Fed's GDP Now tracker has GDP growth for the first quarter at 1.3% for the quarter.

TrumpOroids need TrumpO to sustain a GDP for Q2 above 3% in order for TrumpO to beat Obama’s record one annual GDP growth.

Not looking good got the Great White MAGA Hopesters to get their economic miracle outta TrumpO.

The April durable goods report was bad,

Did you really think the economic stand-off that needs to be done against China was not going to have an impact on the economy? Surely you are not that fiscally / economically ignorant...

Let me guess...you are glad to see the success for America Trump has brought take a hit, you are glad to see America take a hit as long as you can attack Trump, and / or you would rather go back to being China's bit@h, allowing them to continue to steal our technology and take advantage of us through the same old unfair trade deals?

 

[easyt65]

Here’s the record thru 2018:
View attachment 254781

U.S. - GDP growth by year 1990-2017 | Statista

Trump and Obama are tied a 2.9 Best full year of GDP growth.

Do you think Trump’s Q1 this year will break the tie and boost Trump to 3.0 or more?

Do you believe Trump will ever get a full year of GDP growth this high?

View attachment 254787

Some experts - The liberal fake news WSJ is forecasting 1.4% for Q1.

• Economic Forecasting Survey - The Wall Street Journal. Economist Q&A. Forecast Edition: March 2019 ..... Projected: Q1 2019. 1.4%. Projected: Q2 2019. 2.6%. Projected: Q3 2019. 2.2%. Projected: ...

Trump supporters tell us your forecast?

What happens if Trump’s third year ends (GDP-wise) anywhere below Obama’s 2.9% in 2015?

According to Trump 2.9 is anemic and weak.

"Obama is the first president in modern history not to have a single year of 3 percent growth," Trump said during an Oct. 28 campaign rally in Manchester, N.H.

Trump's claim about Obama's weak economic growth is limited

Do you think Trump will be the second president in modern history not to have a single year of 3 percent growth,"

What does an “anemic” Trump do for Obama’s legacy?

• Moving forward, there are reasons to believe that growth will continue to be slower than was originally hoped. Annual U.S. GDP growth exceeding 3.0 percent, as experienced in the mid- to late 1990s and mid-2000s, is not expected to be attainable over the coming decade.

The U.S. economy to 2022: settling into a new normal : Monthly Labor Review: U.S. Bureau of Labor Statistics

Are we settling into a new normal that is not so horrible without 3% sustained GDP growth?

Trump did more in his 1st 2 years than Obama did in 8.

Strongest economy in decades

Lowest unemployment in decades

Lowest minority unemployment in recorded history

Most Americans working at one time...


If they aren't trying to claim Trump's economy / success as being Barry's then they are trying to re-write history...



.

 

[DBA]

easyt65, post: 22164622

Here’s the record thru 2018:
View attachment 254781

U.S. - GDP growth by year 1990-2017 | Statista

Trump and Obama are tied a 2.9 Best full year of GDP growth.

Do you think Trump’s Q1 this year will break the tie and boost Trump to 3.0 or more?

Do you believe Trump will ever get a full year of GDP growth this high?

View attachment 254787

Some experts - The liberal fake news WSJ is forecasting 1.4% for Q1.

• Economic Forecasting Survey - The Wall Street Journal. Economist Q&A. Forecast Edition: March 2019 ..... Projected: Q1 2019. 1.4%. Projected: Q2 2019. 2.6%. Projected: Q3 2019. 2.2%. Projected: ...

Trump supporters tell us your forecast?

What happens if Trump’s third year ends (GDP-wise) anywhere below Obama’s 2.9% in 2015?

According to Trump 2.9 is anemic and weak.

"Obama is the first president in modern history not to have a single year of 3 percent growth," Trump said during an Oct. 28 campaign rally in Manchester, N.H.

Trump's claim about Obama's weak economic growth is limited

Do you think Trump will be the second president in modern history not to have a single year of 3 percent growth,"

What does an “anemic” Trump do for Obama’s legacy?

• Moving forward, there are reasons to believe that growth will continue to be slower than was originally hoped. Annual U.S. GDP growth exceeding 3.0 percent, as experienced in the mid- to late 1990s and mid-2000s, is not expected to be attainable over the coming decade.

The U.S. economy to 2022: settling into a new normal : Monthly Labor Review: U.S. Bureau of Labor Statistics

Are we settling into a new normal that is not so horrible without 3% sustained GDP growth?

Trump has accomplished economic and employment successes not seen in decades and accomplished more in 2 years than Obama did in 8...

Yet poor sore loser butt-hurt, hate-driven, reality-denying snowflakes continue to whine, wail, lie, deny, justify, and attempt to minimize successes Obama NEVER accomplished while President.

BWUHAHAHAHAHA....

poor little snowflakes...

Not so fast TrumpOroid. April sucked and forecasts for Q2 GDP are tanking. It’s the exact opposite of Q1 forecasting.

JP Morgan slashes second-quarter GDP forecast to just 1%

• J.P. Morgan economists said they now see much slower second-quarter growth of just 1%, down from their prior forecast of 2.25% and way off the 3.2% reported in the first quarter.
  
  "The April durable goods report was bad, particularly the details relating to capital goods orders and shipments. Coming on the heels of last week's crummy April retail sales report, it suggests second quarter activity growth is sharply downshifting from the first quarter pace," the economists wrote.
  
  The Atlanta Fed's GDP Now tracker has GDP growth for the first quarter at 1.3% for the quarter.

TrumpOroids need TrumpO to sustain a GDP for Q2 above 3% in order for TrumpO to beat Obama’s record one annual GDP growth.

Not looking good got the Great White MAGA Hopesters to get their economic miracle outta TrumpO.

The April durable goods report was bad,

Liberals are either economic imbeciles or they want to stimulate more government dependency. There is no other explanation. My guess is the few smart ones are pushing for the latter and the ignorant, childish masses fall into the first category.

Didn't you guys say the markets would tank if Trump was elected? Weird, they jumped the day following the election and have been on an upward trend since that time despite congressional opposition. I will go on record that if Biden gets elected in 2020, the markets will slide as will the entire economy. If one of the even further leftist kooks makes it in, hold on to your wallets.

 

[Faun]

easyt65, post: 22164622

Here’s the record thru 2018:
View attachment 254781

U.S. - GDP growth by year 1990-2017 | Statista

Trump and Obama are tied a 2.9 Best full year of GDP growth.

Do you think Trump’s Q1 this year will break the tie and boost Trump to 3.0 or more?

Do you believe Trump will ever get a full year of GDP growth this high?

View attachment 254787

Some experts - The liberal fake news WSJ is forecasting 1.4% for Q1.

• Economic Forecasting Survey - The Wall Street Journal. Economist Q&A. Forecast Edition: March 2019 ..... Projected: Q1 2019. 1.4%. Projected: Q2 2019. 2.6%. Projected: Q3 2019. 2.2%. Projected: ...

Trump supporters tell us your forecast?

What happens if Trump’s third year ends (GDP-wise) anywhere below Obama’s 2.9% in 2015?

According to Trump 2.9 is anemic and weak.

"Obama is the first president in modern history not to have a single year of 3 percent growth," Trump said during an Oct. 28 campaign rally in Manchester, N.H.

Trump's claim about Obama's weak economic growth is limited

Do you think Trump will be the second president in modern history not to have a single year of 3 percent growth,"

What does an “anemic” Trump do for Obama’s legacy?

• Moving forward, there are reasons to believe that growth will continue to be slower than was originally hoped. Annual U.S. GDP growth exceeding 3.0 percent, as experienced in the mid- to late 1990s and mid-2000s, is not expected to be attainable over the coming decade.

The U.S. economy to 2022: settling into a new normal : Monthly Labor Review: U.S. Bureau of Labor Statistics

Are we settling into a new normal that is not so horrible without 3% sustained GDP growth?

Trump has accomplished economic and employment successes not seen in decades and accomplished more in 2 years than Obama did in 8...

Yet poor sore loser butt-hurt, hate-driven, reality-denying snowflakes continue to whine, wail, lie, deny, justify, and attempt to minimize successes Obama NEVER accomplished while President.

BWUHAHAHAHAHA....

poor little snowflakes...

Not so fast TrumpOroid. April sucked and forecasts for Q2 GDP are tanking. It’s the exact opposite of Q1 forecasting.

JP Morgan slashes second-quarter GDP forecast to just 1%

• J.P. Morgan economists said they now see much slower second-quarter growth of just 1%, down from their prior forecast of 2.25% and way off the 3.2% reported in the first quarter.
  
  "The April durable goods report was bad, particularly the details relating to capital goods orders and shipments. Coming on the heels of last week's crummy April retail sales report, it suggests second quarter activity growth is sharply downshifting from the first quarter pace," the economists wrote.
  
  The Atlanta Fed's GDP Now tracker has GDP growth for the first quarter at 1.3% for the quarter.

TrumpOroids need TrumpO to sustain a GDP for Q2 above 3% in order for TrumpO to beat Obama’s record one annual GDP growth.

Not looking good got the Great White MAGA Hopesters to get their economic miracle outta TrumpO.

The April durable goods report was bad,

Liberals are either economic imbeciles or they want to stimulate more government dependency. There is no other explanation. My guess is the few smart ones are pushing for the latter and the ignorant, childish masses fall into the first category.

Didn't you guys say the markets would tank if Trump was elected? Weird, they jumped the day following the election and have been on an upward trend since that time despite congressional opposition. I will go on record that if Biden gets elected in 2020, the markets will slide as will the entire economy. If one of the even further leftist kooks makes it in, hold on to your wallets.

DJIA
1/2018 ... 26,616.71
Now ........ 25,585.69

 

[NotfooledbyW]

DBA, post: 22440128

Didn't you guys say the markets would tank if Trump was elected?

You responded to a post about GDP.

We know TrumpO said in 2016 that Obama was the first president not to have a full year with GDP over 3% for one full year and that was a failure.

TrumoO has not had a full year above 3% as well.

So why refer to the stock market?

TrumpO’s economy is no better than Obama’s when measured by GDP.

By his own words his economy is a failure so you change the subject.

 

[NotfooledbyW]

easyt65, post: 22440016

Trump did more in his 1st 2 years than Obama did in 8.

Strongest economy in decades

No he didn’t. Obama reduced unemployment far more than TrumpO ever will.

TrumpO economy is thus far no stronger than Obama’s in terms of GDP

We know TrumpO said in 2016 that Obama was the first president not to have with GDP over 3% for one full year and that was a failure.

TrumoO has not had a full year above 3% as well.

If Q2 comes in under 1.5% TrumpO will NEVER see 3% growth for 2018

If you need to say Obama’s economy was a failure based on GDP then TrumpO’s is a failure too.

Stop lying.

 

[Mac1958]

He promised 6% (Trump Thinks the U.S. Could See GDP Growth of 6%. The Data Says Otherwise.) and exploded the deficit to pay for it.

We'll see.

 

[Markle]

whats wrong with looking at quarters and years? they are both relevant to this discussion. Maybe u misunderstood my post

In my prior life, I made a lot of money bowling. I have a number of 300 games (a perfect game, all strikes). In an important tournament, I rolled 17 strikes in a row. Did I have another 300 game? No, I had two very high games with the 17 strikes starting in the third frame of one game. You don't get to make up your own rules.

Do you think I’m trying to make up rules?

Obviously.