Faun
Diamond Member
- Nov 14, 2011
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How the fuck do you post this chart which shows real GDP growth for the second and third quarter of 2018 as 3.5% and 2.9% respectively....The chart you posted is not GDP growth, All it does is show the % CHANGE of GDP growth, How much it's changing, without any indictor of changing up or down. So if every quarter were the same a the previous year, the line would be a straight line.How do our economic indicators look?
GDP growth...not good and heading the wrong way
View attachment 272446
As for Trump's economic achievements>>>
- Due to President Trump’s pro-growth policies, real gross domestic product (GDP) growth has averaged 3 percent over the last 8 quarters (not counting the shutdown quarter)
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- Real GDP grew at annual rates of 3.4 percent in the third quarter of 2018 and 4.2 percent in the second quarter.
- More than 5 million jobs have been created since President Trump’s election and the unemployment rate remains below 4 percent.
- This is the eighth time this year that the unemployment rate has been below 4 percent.
- Prior to this year, the unemployment rate had fallen below 4 percent only five times since 1970.
- The unemployment rate for African Americans in May fell to 5.9 percent, which is the lowest rate on record.
- Asian and Hispanic-American unemployment rates have reached record lows this year.
- Disabled unemployment has also reached the lowest rate in US history.
- Initial weekly jobless claims have hit a nearly 50-year low under President Trump.
- Under President Trump, job openings outnumber the unemployed for the first time on record.
- Recently, more than two-thirds of Americans rated “now” as a good time to find a quality job, tying a record high in a poll by Gallup.
- Americans are seeing more money in their pockets thanks to the booming economy.
- In recent months, workers have seen their largest nominal year over year wage growth in nearly a decade.
- In 2017, real median household income rose to a post-recession high.
- President Trump’s policies are helping to lift Americans out of poverty.
- African-American and Hispanic-American poverty rates reached record lows of 21.2 percent and 18.3 percent, respectively, in 2017.
- Since the election, 4.6 million Americans have been lifted off of food stamps.
- Consumer confidence has soared under President Trump, recently reaching an 18-year high.
- President Trump is delivering on his promise to bring back American manufacturing.
- The National Association of Manufacturers’ Outlook Index had the highest annual average in its history over the past year.
- Manufacturing added 284,000 jobs in 2018, the most added in a year since 1997
- Small Business optimism jumped to a record high under President Trump, according to a survey by the National Federation of Independent Business (NFIB).
- The NFIB’s Small Business Optimism Index broke a 35-year record in August.
- President Trump signed the Tax Cuts and Jobs Act into law, ushering in the largest package of tax cuts and reforms in American history.
- These tax cuts are delivering real results for American families and workers.
- More than 6 million workers received tax cut bonuses and benefits.
- More than 100 utility companies have announced lower rates.
- President Trump is ensuring American workers receive the training and education they need to compete in today’s economy.
- President Trump signed an executive order establishing the National Council for the American worker.
- More than 185 companies and associations have signed our “Pledge to America’s Workers,” promising more than 6.4 million new training and career opportunities.
- The President signed legislation that reauthorized the Carl D. Perkins Career and Technical Education Act, making more than $1 billion available for career education programs.
- President Trump has prioritized the economic empowerment of women.
- The women’s unemployment rate recently reached its lowest rate in 65 years.
- The Small Business Administration lent approximately $500 million more in capital to women-owned businesses in 2017 compared to 2016.
- The Administration helped launch the Women Entrepreneurs Finance Initiative, which could leverage more than $1 billion to support women entrepreneurs.
![united-states-gdp-growth.png](https://d3fy651gv2fhd3.cloudfront.net/charts/united-states-gdp-growth.png?s=gdp+cqoq&v=201907261318a1)
... but then falsely claim growth for those two quarters was 4.2% and 3.4% respectively...?
All you do is prove time and time again that you're senile.
![cuckoo :cuckoo: :cuckoo:](/styles/smilies/cuckoo.gif)