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

And is still the second president to not have a year of 3% or higher.

Already addressed, as everyone here knows (except you) :rolleyes:
united-states-gdp-growth.png

:biggrin:
 
Nope, I still made no mistake. Pointing out you're an idiot who posted the wrong figures and said 8.4 ÷ 4 = 1.9, when it actually equals 2.1, does not transfer your idiocy onto me.
Everyone makes clerical errors occasionally. That's no big deal, especially when the error is corrected.

What is a big deal is some blockhead coming along and yammering about it after it was already corrected, and then compounding the error 3 TIMES, because of not being man enough to stand up straight and tall, and admit YOU SCREWED UP.

Boy, that hole you're in is really deep now. Let us know if you strike oil.
Repeating your idiocy doesn't help you since I did nothing wrong in pointing out your ignorance.
 
I wrote: You have no baseline from which to place the ‘weakest’ label on the recovery years

Toddsterpatriot, post: 22678485
The baseline is........every recovery since WWII.

Do you have all those baselines in some sort of order of weakness? Can you tell us specifically which one is second weakest so we can analyze the baseline you have determined has the same conditions as the Obama recovery.

Or did you just pull ‘the weakest” out of your ass like most of your crazy ideas.
 
I wrote: You have no baseline from which to place the ‘weakest’ label on the recovery years

Toddsterpatriot, post: 22678485
The baseline is........every recovery since WWII.

Do you have all those baselines in some sort of order of weakness? Can you tell us specifically which one is second weakest so we can analyze the baseline you have determined has the same conditions as the Obama recovery.

Or did you just pull ‘the weakest” out of your ass like most of your crazy ideas.

https://lmgtfy.com/?q=weakest+economic+ recovery
 
Easy to see the Oblamo policies held the avg GDP ~1.9% whereas the red DJT years are already ~0.6% higher average. That is close to 30% better already and with zero help by DemRinoMSM. Oblamo was loaded withe help. See the massive debt (since Dems took congress 2007) and 8 years of Fed money dumping.

What are you going to do when the recent red bars keep climbing up? This will raise the avg of the red bars? You will have nothing left? Battery going......
 
Easy to see the Oblamo policies held the avg GDP ~1.9% whereas the red DJT years are already ~0.6% higher average. That is close to 30% better already and with zero help by DemRinoMSM. Oblamo was loaded withe help. See the massive debt (since Dems took congress 2007) and 8 years of Fed money dumping.

What are you going to do when the recent red bars keep climbing up? This will raise the avg of the red bars? You will have nothing left? Battery going......
Yes, the difference between starting with -8.4% GDP and +1.8% GDP is obvious.

Meanwhile, annualized real GDP growth during the more than 18 years since Clinton left office has been 2.3%. Annualized real GDP growth during the Obama years following the Great Recession was 2.3%.

https://www.bea.gov/system/files/2019-06/gdplev_0.xlsx
 
Old Yeller, post: 22681804.
This will raise the avg of the red bars?

This thread is not about average, pay attention.

You are averaging eight years of Obama starting at and including a negative 2.9 that had nothing to do with Obama or Democratic Party policies. You are averaging two years of TrumpO which started well above zero and catches TrumpO’s highest GDP at 4.2 in 2018. But TrumpO has recorded lower GDP since that peak soon to include this :
  • Latest forecast: 1.3 percent — July 3, 2019. The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2019 is 1.3 percent on July 3, down from 1.5 percent on July 1.
We will know more tomorrow and in the coming month where Q2 2019 ends up, but right now TrumpO is looking at a death spiral for his Greatest Economy in US history from a peak quarterly GDP at 4.2 diwn to 1.3 in the most recent full quarter.

No matter what - TrumpO will be the second president in US history never to get a single year GDP above 3.0. He is tied with Obama at 2.9.

Do you have anything to say about the subject of this thread or do you want to compare batting averages of one still playing the gsme and who’s hot streak is over to a retired player who had a better hit streak and started against the toughest pitcher since the Great Depression?
 
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"We are experiencing the longest string of consecutive monthly jobs gains in economic history," see link below.

That’s Obama’s magnificent record at seven years. TrumpO is at two and s half.


Toddsterpatriot, post: 22681658
I wrote: You have no baseline from which to place the ‘weakest’ label on the recovery years

Toddsterpatriot, post: 22678485
The baseline is........every recovery since WWII.

Do you have all those baselines in some sort of order of weakness? Can you tell us specifically which one is second weakest so we can analyze the baseline you have determined has the same conditions as the Obama recovery.

Or did you just pull ‘the weakest” out of your ass like most of your crazy ideas.

https://lmgtfy.com/?q=weakest+economic+ recovery


From one of your links dumbass:

  • Since World War II, the American economy has typically grown for about five years and then had a contraction. This expansion is already over seven years old.

    Furthermore, the average pace of job growth in this recovery has already topped what happened during the 2001 to 2007 expansion under President George W. Bush (the Bush recovery was the slowest in terms of jobs growth, Achuthan says).

    Over 14 million jobs have been added since the low point from the financial crisis. Job growth is as important -- if not more important -- than overall growth, many economists argue.

    "We are experiencing the longest string of consecutive monthly jobs gains in economic history," says Mark Zandi, chief economist at Moody's Analytics. https://money.cnn.com/2016/10/05/news/economy/us-recovery-slowest-since-wwii/
 
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Trump promised four or five
The important thing here is that he is president

Yes a president’s who fails to keep his campaign promises. The second president who failed to get a single year GDP above Obana’s single year at 2.9 after cutting taxes mostly for the rich promising yearly growth above 4.0. That’s a very IMPORTANT major fail don’t you agree.
 
Trump promised four or five
The important thing here is that he is president

Yes a president’s who fails to keep his campaign promises. [/quotre]
lol...relax, he's going to get your wall built...the lefts problem is him keeping his promises

The second president who failed to get a single year GDP above Obana’s single year at 2.9 after cutting taxes mostly for the rich promising yearly growth above 4.0. That’s a very IMPORTANT major fail don’t you agree.

no
 
Old Yeller, post: 22681804.
This will raise the avg of the red bars?

This thread is not about average, pay attention.

You are averaging eight years of Obama starting at and including a negative 2.9 that had nothing to do with Obama or Democratic Party policies. You are averaging two years of TrumpO which started well above zero and catches TrumpO’s highest GDP at 4.2 in 2018. But TrumpO has recorded lower GDP since that peak soon to include this :
  • Latest forecast: 1.3 percent — July 3, 2019. The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2019 is 1.3 percent on July 3, down from 1.5 percent on July 1.
We will know more tomorrow and in the coming month where Q2 2019 ends up, but right now TrumpO is looking at a death spiral for his Greatest Economy in US history from a peak quarterly GDP at 4.2 diwn to 1.3 in the most recent full quarter.

No matter what - TrumpO will be the second president in US history never to get a single year GDP above 3.0. He is tied with Obama at 2.9.

Do you have anything to say about the subject of this thread or do you want to compare batting averages of one still playing the gsme and who’s hot streak is over to a retired player who had a better hit streak and started against the toughest pitcher since the Great Depression?

You are averaging eight years of Obama starting at and including a negative 2.9 that had nothing to do with Obama or Democratic Party policies.

Yeah, the Dems have always fought against government policies to expand homeownership. DURR!
 
"We are experiencing the longest string of consecutive monthly jobs gains in economic history," see link below.

That’s Obama’s magnificent record at seven years. TrumpO is at two and s half.


Toddsterpatriot, post: 22681658
I wrote: You have no baseline from which to place the ‘weakest’ label on the recovery years

Toddsterpatriot, post: 22678485
The baseline is........every recovery since WWII.

Do you have all those baselines in some sort of order of weakness? Can you tell us specifically which one is second weakest so we can analyze the baseline you have determined has the same conditions as the Obama recovery.

Or did you just pull ‘the weakest” out of your ass like most of your crazy ideas.

https://lmgtfy.com/?q=weakest+economic+ recovery


From one of your links dumbass:

  • Since World War II, the American economy has typically grown for about five years and then had a contraction. This expansion is already over seven years old.

    Furthermore, the average pace of job growth in this recovery has already topped what happened during the 2001 to 2007 expansion under President George W. Bush (the Bush recovery was the slowest in terms of jobs growth, Achuthan says).

    Over 14 million jobs have been added since the low point from the financial crisis. Job growth is as important -- if not more important -- than overall growth, many economists argue.

    "We are experiencing the longest string of consecutive monthly jobs gains in economic history," says Mark Zandi, chief economist at Moody's Analytics. https://money.cnn.com/2016/10/05/news/economy/us-recovery-slowest-since-wwii/

Since World War II, the American economy has typically grown for about five years and then had a contraction. This expansion is already over seven years old.

Yes, the very weak recovery has gone on a long time.
 
Toddsterpatriot, post: 22682945
"We are exactly periencing the longest string of consecutive monthly jobs gains in economic history," see link below.

That’s Obama’s magnificent record at seven years. TrumpO is at two and s half.


Toddsterpatriot, post: 22681658
I wrote: You have no baseline from which to place the ‘weakest’ label on the recovery years

Toddsterpatriot, post: 22678485
The baseline is........every recovery since WWII.

Do you have all those baselines in some sort of order of weakness? Can you tell us specifically which one is second weakest so we can analyze the baseline you have determined has the same conditions as the Obama recovery.

Or did you just pull ‘the weakest” out of your ass like most of your crazy ideas.

https://lmgtfy.com/?q=weakest+economic+ recovery


From one of your links dumbass:

  • Since World War II, the American economy has typically grown for about five years and then had a contraction. This expansion is already over seven years old.

    Furthermore, the average pace of job growth in this recovery has already topped what happened during the 2001 to 2007 expansion under President George W. Bush (the Bush recovery was the slowest in terms of jobs growth, Achuthan says).

    Over 14 million jobs have been added since the low point from the financial crisis. Job growth is as important -- if not more important -- than overall growth, many economists argue.

    "We are experiencing the longest string of consecutive monthly jobs gains in economic history," says Mark Zandi, chief economist at Moody's Analytics. Yes, this is the slowest U.S. recovery since WWII

Since World War II, the American economy has typically grown for about five years and then had a contraction. This expansion is already over seven years old.

Yes, the very weak recovery has gone on a long time.

According to your link Obama’s recovery was not weakest in terms of jobs growth and of course duration. And we know TrumpO can’t get GDP past Obama’s numbers.

You are a liar when you say Obama’s recovery was the weakest since WWII. His lasted longer and produced more jobs than all those postwar recoveries.
 
How is it NOTFOOLEDBYTRUTH insists Obama's GDP is equal Trump's when Obama's average GDP growth was 1.59%, while Trump's average GDP growth is 2.73%?

How is it NOTFOOLEDBYTRUTH states Trump's GDP was established by Obama, when it was an unremarable 1.6% for Obama's last year, and Trump's seen 2.2% followed by 2.9%?

How is it NOTFOOLEDBYTRUTH is unable comprehend basic math, logic and economics to understand Trump's unemployment rate cannot be less than zero?

How is it NOTFOOLEDBYTRUTH is unable to respond when asked if he knows how the unemployment rate is calculated?

How is it NOTFOOLEDBYTRUTH is unable to comprehend there's greater room for rapid growth following a recession (aka economic recovery)?

How is it NOTFOOLEDBYTRUTH is unable to respond when asked what Obama did to improve the economy?

How is it NOTFOOLEDBYTRUTH is unable to respond to the fact interest rates were historically low on Obama's watch, which is the primary contributor to an improved economy? Rates that have risen on Trump's watch.

How is it NOTFOOLEDBYTRUTH states Trump's unemployment could only be historically low?

How is it NOTFOOLEDBYTRUTH is unable to acknowledge the Democrats controlled congress when the "Bush Recession" occurred?
 
How is it NOTFOOLEDBYTRUTH insists Obama's GDP is equal Trump's when Obama's average GDP growth was 1.59%, while Trump's average GDP growth is 2.73%?

The (factual) insistance is that Trump did not yet post better year than Obama. Top number is 2.9% for both. Of course Republicans called one 2.9% "Stagnation!" and the other 2.9% "Boom!"

According to Trump himself in 2016, great economy is when you have 4-6% growth, so by his own standard he has so far come up quite short.

As far as AVERAGE? Well last I checked Trump inherited a healthy economy while Obama was handed something called the Great Recession. So tell you what, go ahead and count averages right after you can find a way to adjust for that stark difference.
 
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