U.S. Debt appears to be slowing

Astonishingly bad; an accurate description of Trump’s and Reagan’s sense of fiscal responsibility

An accurate description of the idea that Trump could add an average of $5 trillion a year in debt for 8 years.
People probably said that about Reagan tripling the debt. Trump’s about to hit 2 trillion and that’s with the American and global economies recovered and running smoothly. The second some adversity strikes, who knows

Trump’s about to hit 2 trillion

Not $5 trillion? DERP!
Reagan convinced you rubes such massive increases were great, and Trump has you wrapped around his finger even more tightly than Reagan did. Give him time. Or hopefully, don’t. The sooner he’s removed the less limely the scenario becomes.

Tell me more about the $5 trillion a year.
What is he talking about?

US Federal Deficit by Year - plus charts and analysis

I don't see anything close to $2 trillion, let alone $5 trillion.
Black Fag, how about you don't put stupid numbers like that out.
 
An accurate description of the idea that Trump could add an average of $5 trillion a year in debt for 8 years.
People probably said that about Reagan tripling the debt. Trump’s about to hit 2 trillion and that’s with the American and global economies recovered and running smoothly. The second some adversity strikes, who knows

Trump’s about to hit 2 trillion

Not $5 trillion? DERP!
Reagan convinced you rubes such massive increases were great, and Trump has you wrapped around his finger even more tightly than Reagan did. Give him time. Or hopefully, don’t. The sooner he’s removed the less limely the scenario becomes.

Tell me more about the $5 trillion a year.
What is he talking about?

US Federal Deficit by Year - plus charts and analysis

I don't see anything close to $2 trillion, let alone $5 trillion.
Black Fag, how about you don't put stupid numbers like that out.

He's an idiot.
 
Trump added 1.27 trillion in the past FY, how the fuck is that slowing down?


Sent from my iPhone using USMessageBoard.com
He's almost at 2 years into his Presidency

And he added 1.27 trillion to the debt in his first full Fiscal Year. In the midst of a booming economy.
do you have a link?
And what did the democrats do to reduce the deficit. Nothing
But now we do have a growing economy, and Trump has ordered his departments to slash 5% or more.

Actually, the growing economy is slowing down.
"And U.S. economic growth is already slowing. In the third quarter, GDP growth retreated to a 3.5% annual rate, down from 4.2% the prior quarter. Going forward, economists expect growth to hit 2.9% in the fourth quarter, and 2.5% in the first quarter of 2019."
On top of that:
"There was a contraction in the manufacturing of metal products for the first time in two years — a key gauge of overall manufacturing activity — possibly the result of President Trump's multi-front trade war." The trade rhetoric is one of the dumbest things in the history of all administrations and it will cause a global recession,” Yusko told a recent investment conference. (Mark Yusko, founder of hedge fund Morgan Creek Capita)l
As predicted: "Business investment is laggardly. Rather than using their $1.2 trillion tax cut on capital spending, companies are on track for the biggest-ever year of stock buybacks, possibly reaching $1 trillion."
Watch out: 3 warning signs U.S. economy could be close to recession
So fears about a recession in the near future are in the economists community. If a recession does happen as predicted, is Trump going to add more $trillions of dollars to the National Debt. He spent well over a $trillion on the economy, when the economy are already growing, what's the stable genius going to do about a recession?
I get that that happens. But to say panic over going from 4.2 to 3.5 when the left said anything over 3 was virtually impossible is hilarious. We were lied to and told that we couldn't get that and you needed a magic wand to bring mfg jobs and growth back. I really believe people in this country hate it and don't want it to succeed and want to punish it for the sins we have (like slavery, except just about every country ever has been involved with it)

Now why would anyone think having a GDP growth over 3% was impossible? Growth of 3% is nothing new, it's not exactly a milestone or anything..
gdp.png
 
show me $5 trillion in one year......you really need to lay off the drugs
You claimed to not see anything approaching $2 trillion. From that and your history of posts here, I surmise that you are a broken, insufferable retard.
 
He's almost at 2 years into his Presidency

And he added 1.27 trillion to the debt in his first full Fiscal Year. In the midst of a booming economy.
do you have a link?
And what did the democrats do to reduce the deficit. Nothing
But now we do have a growing economy, and Trump has ordered his departments to slash 5% or more.

Actually, the growing economy is slowing down.
"And U.S. economic growth is already slowing. In the third quarter, GDP growth retreated to a 3.5% annual rate, down from 4.2% the prior quarter. Going forward, economists expect growth to hit 2.9% in the fourth quarter, and 2.5% in the first quarter of 2019."
On top of that:
"There was a contraction in the manufacturing of metal products for the first time in two years — a key gauge of overall manufacturing activity — possibly the result of President Trump's multi-front trade war." The trade rhetoric is one of the dumbest things in the history of all administrations and it will cause a global recession,” Yusko told a recent investment conference. (Mark Yusko, founder of hedge fund Morgan Creek Capita)l
As predicted: "Business investment is laggardly. Rather than using their $1.2 trillion tax cut on capital spending, companies are on track for the biggest-ever year of stock buybacks, possibly reaching $1 trillion."
Watch out: 3 warning signs U.S. economy could be close to recession
So fears about a recession in the near future are in the economists community. If a recession does happen as predicted, is Trump going to add more $trillions of dollars to the National Debt. He spent well over a $trillion on the economy, when the economy are already growing, what's the stable genius going to do about a recession?
I get that that happens. But to say panic over going from 4.2 to 3.5 when the left said anything over 3 was virtually impossible is hilarious. We were lied to and told that we couldn't get that and you needed a magic wand to bring mfg jobs and growth back. I really believe people in this country hate it and don't want it to succeed and want to punish it for the sins we have (like slavery, except just about every country ever has been involved with it)

Now why would anyone think having a GDP growth over 3% was impossible? Growth of 3% is nothing new, it's not exactly a milestone or anything..
View attachment 226937

Now why would anyone think having a GDP growth over 3% was impossible? Growth of 3% is nothing new, it's not exactly a milestone or anything..

You've already forgotten Obama's "New Normal"?
 
And he added 1.27 trillion to the debt in his first full Fiscal Year. In the midst of a booming economy.
do you have a link?
And what did the democrats do to reduce the deficit. Nothing
But now we do have a growing economy, and Trump has ordered his departments to slash 5% or more.

Actually, the growing economy is slowing down.
"And U.S. economic growth is already slowing. In the third quarter, GDP growth retreated to a 3.5% annual rate, down from 4.2% the prior quarter. Going forward, economists expect growth to hit 2.9% in the fourth quarter, and 2.5% in the first quarter of 2019."
On top of that:
"There was a contraction in the manufacturing of metal products for the first time in two years — a key gauge of overall manufacturing activity — possibly the result of President Trump's multi-front trade war." The trade rhetoric is one of the dumbest things in the history of all administrations and it will cause a global recession,” Yusko told a recent investment conference. (Mark Yusko, founder of hedge fund Morgan Creek Capita)l
As predicted: "Business investment is laggardly. Rather than using their $1.2 trillion tax cut on capital spending, companies are on track for the biggest-ever year of stock buybacks, possibly reaching $1 trillion."
Watch out: 3 warning signs U.S. economy could be close to recession
So fears about a recession in the near future are in the economists community. If a recession does happen as predicted, is Trump going to add more $trillions of dollars to the National Debt. He spent well over a $trillion on the economy, when the economy are already growing, what's the stable genius going to do about a recession?
I get that that happens. But to say panic over going from 4.2 to 3.5 when the left said anything over 3 was virtually impossible is hilarious. We were lied to and told that we couldn't get that and you needed a magic wand to bring mfg jobs and growth back. I really believe people in this country hate it and don't want it to succeed and want to punish it for the sins we have (like slavery, except just about every country ever has been involved with it)

Now why would anyone think having a GDP growth over 3% was impossible? Growth of 3% is nothing new, it's not exactly a milestone or anything..
View attachment 226937

Now why would anyone think having a GDP growth over 3% was impossible? Growth of 3% is nothing new, it's not exactly a milestone or anything..

You've already forgotten Obama's "New Normal"?

Lets look at the historic picture, shall we?
=======================================
t is commonly said that a President deserves some credit or blame for the economy’s performance only after he’s been in office about six months. On those terms, let’s measure Trump’s words against the record for real GDP growth over the last three quarters (July 2017 through March 2018). Over those quarters, GDP has grown at an annual rate of 2.6 percent. Comparing that pace to his last nine predecessors over comparable periods in their first terms, Trump here bests the four presidents who faced recessions in their first year in office (Barack Obama, George W. Bush, Ronald Reagan and Richard Nixon). Trump’s other five predecessors came to office, as he did, during economic expansions. Among them, he’s tied for last place: Real GDP growth under Trump over the three quarters has lagged Bill Clinton, Jimmy Carter, Lyndon Johnson and John Kennedy, and tied George H.W. Bush, as the data in the following table shows.
trump gdp.png

Trump lags behind his predecessors on economic growth
 
do you have a link?
And what did the democrats do to reduce the deficit. Nothing
But now we do have a growing economy, and Trump has ordered his departments to slash 5% or more.

Actually, the growing economy is slowing down.
"And U.S. economic growth is already slowing. In the third quarter, GDP growth retreated to a 3.5% annual rate, down from 4.2% the prior quarter. Going forward, economists expect growth to hit 2.9% in the fourth quarter, and 2.5% in the first quarter of 2019."
On top of that:
"There was a contraction in the manufacturing of metal products for the first time in two years — a key gauge of overall manufacturing activity — possibly the result of President Trump's multi-front trade war." The trade rhetoric is one of the dumbest things in the history of all administrations and it will cause a global recession,” Yusko told a recent investment conference. (Mark Yusko, founder of hedge fund Morgan Creek Capita)l
As predicted: "Business investment is laggardly. Rather than using their $1.2 trillion tax cut on capital spending, companies are on track for the biggest-ever year of stock buybacks, possibly reaching $1 trillion."
Watch out: 3 warning signs U.S. economy could be close to recession
So fears about a recession in the near future are in the economists community. If a recession does happen as predicted, is Trump going to add more $trillions of dollars to the National Debt. He spent well over a $trillion on the economy, when the economy are already growing, what's the stable genius going to do about a recession?
I get that that happens. But to say panic over going from 4.2 to 3.5 when the left said anything over 3 was virtually impossible is hilarious. We were lied to and told that we couldn't get that and you needed a magic wand to bring mfg jobs and growth back. I really believe people in this country hate it and don't want it to succeed and want to punish it for the sins we have (like slavery, except just about every country ever has been involved with it)

Now why would anyone think having a GDP growth over 3% was impossible? Growth of 3% is nothing new, it's not exactly a milestone or anything..
View attachment 226937

Now why would anyone think having a GDP growth over 3% was impossible? Growth of 3% is nothing new, it's not exactly a milestone or anything..

You've already forgotten Obama's "New Normal"?

Lets look at the historic picture, shall we?
=======================================
t is commonly said that a President deserves some credit or blame for the economy’s performance only after he’s been in office about six months. On those terms, let’s measure Trump’s words against the record for real GDP growth over the last three quarters (July 2017 through March 2018). Over those quarters, GDP has grown at an annual rate of 2.6 percent. Comparing that pace to his last nine predecessors over comparable periods in their first terms, Trump here bests the four presidents who faced recessions in their first year in office (Barack Obama, George W. Bush, Ronald Reagan and Richard Nixon). Trump’s other five predecessors came to office, as he did, during economic expansions. Among them, he’s tied for last place: Real GDP growth under Trump over the three quarters has lagged Bill Clinton, Jimmy Carter, Lyndon Johnson and John Kennedy, and tied George H.W. Bush, as the data in the following table shows.
View attachment 226955
Trump lags behind his predecessors on economic growth

Wait, your partial stats don't show the true weakness of Obama's weakest recovery since WWII.
 
He's almost at 2 years into his Presidency

And he added 1.27 trillion to the debt in his first full Fiscal Year. In the midst of a booming economy.
do you have a link?
And what did the democrats do to reduce the deficit. Nothing
But now we do have a growing economy, and Trump has ordered his departments to slash 5% or more.

Actually, the growing economy is slowing down.
"And U.S. economic growth is already slowing. In the third quarter, GDP growth retreated to a 3.5% annual rate, down from 4.2% the prior quarter. Going forward, economists expect growth to hit 2.9% in the fourth quarter, and 2.5% in the first quarter of 2019."
On top of that:
"There was a contraction in the manufacturing of metal products for the first time in two years — a key gauge of overall manufacturing activity — possibly the result of President Trump's multi-front trade war." The trade rhetoric is one of the dumbest things in the history of all administrations and it will cause a global recession,” Yusko told a recent investment conference. (Mark Yusko, founder of hedge fund Morgan Creek Capita)l
As predicted: "Business investment is laggardly. Rather than using their $1.2 trillion tax cut on capital spending, companies are on track for the biggest-ever year of stock buybacks, possibly reaching $1 trillion."
Watch out: 3 warning signs U.S. economy could be close to recession
So fears about a recession in the near future are in the economists community. If a recession does happen as predicted, is Trump going to add more $trillions of dollars to the National Debt. He spent well over a $trillion on the economy, when the economy are already growing, what's the stable genius going to do about a recession?
I get that that happens. But to say panic over going from 4.2 to 3.5 when the left said anything over 3 was virtually impossible is hilarious. We were lied to and told that we couldn't get that and you needed a magic wand to bring mfg jobs and growth back. I really believe people in this country hate it and don't want it to succeed and want to punish it for the sins we have (like slavery, except just about every country ever has been involved with it)

Now why would anyone think having a GDP growth over 3% was impossible? Growth of 3% is nothing new, it's not exactly a milestone or anything..
View attachment 226937
Well from these sources, do people actually remember anything about the campgain? he was mocked for saying growth over %3. And I think they are talking annually, not quarterly.


Trump didn't get his 3%-plus economic growth for 2017, after all
Turns out that was premature. The first reading of real growth domestic product for the fourth quarter of 2017 was published Friday by the government's Bureau of Economic Analysis, and it shows an increase of only 2.6%. For the whole year, the increase in real GDP is 2.3%. That's better than the 1.5% growth rate in 2016, the last year of Barack Obama's second term, but only a tiny hair better than the average over Obama's full second term.

If Trump thinks he can get more than 3% economic growth, he's dreaming
If Trump thinks he can get more than 3% economic growth, he's dreaming

He was said to be false....ooops...I think this story was incorrect.
Donald Trump off-base in describing GDP growth on his watch

Trump promises 4% growth. Economists say no way
Trump promises 4% growth. Economists say no way.


The point is, he made claims of 3%+ growth and the media mocked him.....
 
Trump is alproaching Reagan levels of deficit spending. He could become the 2nd President to ever tripke the national debt. A real republican hero.
You do know that Obama had spent 9.5 trillion dollars over 8 years? That amounts to 1.15 trillion dollars average per year. What again is President Trumps numbers and oh yeah, his unemployment rate again? Now that it is President Trumps economy, that you bitches were wailing about, just earlier this week? Yeah, President Trump must have a pretty big magic wand to get such numbers, shame the last 1/2 white community agitators wand was a needle dick.

Paychecks rise to 9-year-high; Unemployment steady at 3.7% | 2018-11-02 | HousingWire
ccording to the report, the number of unemployed persons changed slightly from 6 million in September to 6.1 million in October.

The jobless rates for all other groups, including men at 3.5%, women 3.4%, teenagers at 11.9%, whites at 3.3%, blacks at 6.2%, Asians at 3.2% and Hispanics at 4.4% — these all showed little or no change over the month.
The average hourly earnings for all employees on private nonfarm payrolls increased by 5 cents to $27.30. Over the year, average hourly earnings have risen by 3.%.
Unfortunately for you welfare queens, your pay didnt go up, because lazy ass fuckers shouldn't get a raise, so continue to bitch and moan how unfair your lives are, and be victims of liberalism.
Obama’s deficits actually went down, as the government began spending less when the economy began improving. Trump’s 1st budget was larger than all but 1 of Obama’s. His next budget is looking to be even bigger.

Congress not the POTUS creates the budget. POTUS approves it.

and who signs the goddamn thing? Mr. Rogers? :9:
 
Trump is alproaching Reagan levels of deficit spending. He could become the 2nd President to ever tripke the national debt. A real republican hero.
You do know that Obama had spent 9.5 trillion dollars over 8 years? That amounts to 1.15 trillion dollars average per year. What again is President Trumps numbers and oh yeah, his unemployment rate again? Now that it is President Trumps economy, that you bitches were wailing about, just earlier this week? Yeah, President Trump must have a pretty big magic wand to get such numbers, shame the last 1/2 white community agitators wand was a needle dick.

Paychecks rise to 9-year-high; Unemployment steady at 3.7% | 2018-11-02 | HousingWire
ccording to the report, the number of unemployed persons changed slightly from 6 million in September to 6.1 million in October.

The jobless rates for all other groups, including men at 3.5%, women 3.4%, teenagers at 11.9%, whites at 3.3%, blacks at 6.2%, Asians at 3.2% and Hispanics at 4.4% — these all showed little or no change over the month.
The average hourly earnings for all employees on private nonfarm payrolls increased by 5 cents to $27.30. Over the year, average hourly earnings have risen by 3.%.
Unfortunately for you welfare queens, your pay didnt go up, because lazy ass fuckers shouldn't get a raise, so continue to bitch and moan how unfair your lives are, and be victims of liberalism.
Obama’s deficits actually went down, as the government began spending less when the economy began improving. Trump’s 1st budget was larger than all but 1 of Obama’s. His next budget is looking to be even bigger.

Congress not the POTUS creates the budget. POTUS approves it.

and who signs the goddamn thing? Mr. Rogers? :9:

He had to sign it as he said because he needed the military budget but he was not happy with it.
 
Trump is alproaching Reagan levels of deficit spending. He could become the 2nd President to ever tripke the national debt. A real republican hero.
You do know that Obama had spent 9.5 trillion dollars over 8 years? That amounts to 1.15 trillion dollars average per year. What again is President Trumps numbers and oh yeah, his unemployment rate again? Now that it is President Trumps economy, that you bitches were wailing about, just earlier this week? Yeah, President Trump must have a pretty big magic wand to get such numbers, shame the last 1/2 white community agitators wand was a needle dick.

Paychecks rise to 9-year-high; Unemployment steady at 3.7% | 2018-11-02 | HousingWire
ccording to the report, the number of unemployed persons changed slightly from 6 million in September to 6.1 million in October.

The jobless rates for all other groups, including men at 3.5%, women 3.4%, teenagers at 11.9%, whites at 3.3%, blacks at 6.2%, Asians at 3.2% and Hispanics at 4.4% — these all showed little or no change over the month.
The average hourly earnings for all employees on private nonfarm payrolls increased by 5 cents to $27.30. Over the year, average hourly earnings have risen by 3.%.
Unfortunately for you welfare queens, your pay didnt go up, because lazy ass fuckers shouldn't get a raise, so continue to bitch and moan how unfair your lives are, and be victims of liberalism.
Obama’s deficits actually went down, as the government began spending less when the economy began improving. Trump’s 1st budget was larger than all but 1 of Obama’s. His next budget is looking to be even bigger.

Congress not the POTUS creates the budget. POTUS approves it.

and who signs the goddamn thing? Mr. Rogers? :9:

He had to sign it as he said because he needed the military budget but he was not happy with it.

But you just (previously) blamed Congress.

You want your cake & eat it too? Not gonna
 
Actually, the growing economy is slowing down.
"And U.S. economic growth is already slowing. In the third quarter, GDP growth retreated to a 3.5% annual rate, down from 4.2% the prior quarter. Going forward, economists expect growth to hit 2.9% in the fourth quarter, and 2.5% in the first quarter of 2019."
On top of that:
"There was a contraction in the manufacturing of metal products for the first time in two years — a key gauge of overall manufacturing activity — possibly the result of President Trump's multi-front trade war." The trade rhetoric is one of the dumbest things in the history of all administrations and it will cause a global recession,” Yusko told a recent investment conference. (Mark Yusko, founder of hedge fund Morgan Creek Capita)l
As predicted: "Business investment is laggardly. Rather than using their $1.2 trillion tax cut on capital spending, companies are on track for the biggest-ever year of stock buybacks, possibly reaching $1 trillion."
Watch out: 3 warning signs U.S. economy could be close to recession
So fears about a recession in the near future are in the economists community. If a recession does happen as predicted, is Trump going to add more $trillions of dollars to the National Debt. He spent well over a $trillion on the economy, when the economy are already growing, what's the stable genius going to do about a recession?
I get that that happens. But to say panic over going from 4.2 to 3.5 when the left said anything over 3 was virtually impossible is hilarious. We were lied to and told that we couldn't get that and you needed a magic wand to bring mfg jobs and growth back. I really believe people in this country hate it and don't want it to succeed and want to punish it for the sins we have (like slavery, except just about every country ever has been involved with it)

Now why would anyone think having a GDP growth over 3% was impossible? Growth of 3% is nothing new, it's not exactly a milestone or anything..
View attachment 226937

Now why would anyone think having a GDP growth over 3% was impossible? Growth of 3% is nothing new, it's not exactly a milestone or anything..

You've already forgotten Obama's "New Normal"?

Lets look at the historic picture, shall we?
=======================================
t is commonly said that a President deserves some credit or blame for the economy’s performance only after he’s been in office about six months. On those terms, let’s measure Trump’s words against the record for real GDP growth over the last three quarters (July 2017 through March 2018). Over those quarters, GDP has grown at an annual rate of 2.6 percent. Comparing that pace to his last nine predecessors over comparable periods in their first terms, Trump here bests the four presidents who faced recessions in their first year in office (Barack Obama, George W. Bush, Ronald Reagan and Richard Nixon). Trump’s other five predecessors came to office, as he did, during economic expansions. Among them, he’s tied for last place: Real GDP growth under Trump over the three quarters has lagged Bill Clinton, Jimmy Carter, Lyndon Johnson and John Kennedy, and tied George H.W. Bush, as the data in the following table shows.
View attachment 226955
Trump lags behind his predecessors on economic growth

Wait, your partial stats don't show the true weakness of Obama's weakest recovery since WWII.

You Little Trumpsters, conveniently forget that the economy that Obama inherited was the biggest economic downturn, since the Great Depression.
And, you Little Trumpsters also conveniently forget, that Trump inherited a growing economy.
There is absolutely no comparison. Trump got a gift and Obama got a bag full of rocks,
When you Little Trumpsters go into your usual denial mode, it only cements how easily you are manipulated by bullshit.
Look, I have said this a multitude times, Obama didn't exactly hit the ground running when addressing the mess of an economy. I wasn't impressed at all. Which is why he didn't get my vote in 2012. That is called recognizing reality. Little Trumpsters have been fooled (what a surprise), into thinking Trumpster inherited a stagnant economy. He didn't.
 
I get that that happens. But to say panic over going from 4.2 to 3.5 when the left said anything over 3 was virtually impossible is hilarious. We were lied to and told that we couldn't get that and you needed a magic wand to bring mfg jobs and growth back. I really believe people in this country hate it and don't want it to succeed and want to punish it for the sins we have (like slavery, except just about every country ever has been involved with it)

Now why would anyone think having a GDP growth over 3% was impossible? Growth of 3% is nothing new, it's not exactly a milestone or anything..
View attachment 226937

Now why would anyone think having a GDP growth over 3% was impossible? Growth of 3% is nothing new, it's not exactly a milestone or anything..

You've already forgotten Obama's "New Normal"?

Lets look at the historic picture, shall we?
=======================================
t is commonly said that a President deserves some credit or blame for the economy’s performance only after he’s been in office about six months. On those terms, let’s measure Trump’s words against the record for real GDP growth over the last three quarters (July 2017 through March 2018). Over those quarters, GDP has grown at an annual rate of 2.6 percent. Comparing that pace to his last nine predecessors over comparable periods in their first terms, Trump here bests the four presidents who faced recessions in their first year in office (Barack Obama, George W. Bush, Ronald Reagan and Richard Nixon). Trump’s other five predecessors came to office, as he did, during economic expansions. Among them, he’s tied for last place: Real GDP growth under Trump over the three quarters has lagged Bill Clinton, Jimmy Carter, Lyndon Johnson and John Kennedy, and tied George H.W. Bush, as the data in the following table shows.
View attachment 226955
Trump lags behind his predecessors on economic growth

Wait, your partial stats don't show the true weakness of Obama's weakest recovery since WWII.

You Little Trumpsters, conveniently forget that the economy that Obama inherited was the biggest economic downturn, since the Great Depression.
And, you Little Trumpsters also conveniently forget, that Trump inherited a growing economy.
There is absolutely no comparison. Trump got a gift and Obama got a bag full of rocks,
When you Little Trumpsters go into your usual denial mode, it only cements how easily you are manipulated by bullshit.
Look, I have said this a multitude times, Obama didn't exactly hit the ground running when addressing the mess of an economy. I wasn't impressed at all. Which is why he didn't get my vote in 2012. That is called recognizing reality. Little Trumpsters have been fooled (what a surprise), into thinking Trumpster inherited a stagnant economy. He didn't.
See I look at it differently
Obama got an economy down....nowhere to go BUT UP.
and it did go up, but much slower than it should have, because he didn't do anything substantial.
Trump inherited an ok economy, that was mediocre...it wasn't horrible, but it wasn't great. If you think all I do is read talking points, then you are way off base.
 
It was approx. 10T when Obama was elected, and increased to approx. 20T when he left. Today it stands 21.689T.

Based on the increase since Trump took office, 6.9T will have been added after Trump serves 8 years. It's still going into the wrong direction, but at least there are signs of improvement.

This is not slowing

Treasury Expects to Issue Over $1 Trillion in Debt in 2018
Economies are dynamic, these predictions can not and do not include that...lets see what actually happens.
 
I get that that happens. But to say panic over going from 4.2 to 3.5 when the left said anything over 3 was virtually impossible is hilarious. We were lied to and told that we couldn't get that and you needed a magic wand to bring mfg jobs and growth back. I really believe people in this country hate it and don't want it to succeed and want to punish it for the sins we have (like slavery, except just about every country ever has been involved with it)

Now why would anyone think having a GDP growth over 3% was impossible? Growth of 3% is nothing new, it's not exactly a milestone or anything..
View attachment 226937

Now why would anyone think having a GDP growth over 3% was impossible? Growth of 3% is nothing new, it's not exactly a milestone or anything..

You've already forgotten Obama's "New Normal"?

Lets look at the historic picture, shall we?
=======================================
t is commonly said that a President deserves some credit or blame for the economy’s performance only after he’s been in office about six months. On those terms, let’s measure Trump’s words against the record for real GDP growth over the last three quarters (July 2017 through March 2018). Over those quarters, GDP has grown at an annual rate of 2.6 percent. Comparing that pace to his last nine predecessors over comparable periods in their first terms, Trump here bests the four presidents who faced recessions in their first year in office (Barack Obama, George W. Bush, Ronald Reagan and Richard Nixon). Trump’s other five predecessors came to office, as he did, during economic expansions. Among them, he’s tied for last place: Real GDP growth under Trump over the three quarters has lagged Bill Clinton, Jimmy Carter, Lyndon Johnson and John Kennedy, and tied George H.W. Bush, as the data in the following table shows.
View attachment 226955
Trump lags behind his predecessors on economic growth

Wait, your partial stats don't show the true weakness of Obama's weakest recovery since WWII.

You Little Trumpsters, conveniently forget that the economy that Obama inherited was the biggest economic downturn, since the Great Depression.
And, you Little Trumpsters also conveniently forget, that Trump inherited a growing economy.
There is absolutely no comparison. Trump got a gift and Obama got a bag full of rocks,
When you Little Trumpsters go into your usual denial mode, it only cements how easily you are manipulated by bullshit.
Look, I have said this a multitude times, Obama didn't exactly hit the ground running when addressing the mess of an economy. I wasn't impressed at all. Which is why he didn't get my vote in 2012. That is called recognizing reality. Little Trumpsters have been fooled (what a surprise), into thinking Trumpster inherited a stagnant economy. He didn't.

conveniently forget that the economy that Obama inherited.....

I didn't forget that the recession ended in June 2009.
Before any of Obama's magic could fix the economy.
I didn't forget that despite adding $9.3 trillion to the debt,
he had the weakest recovery since WWII.

thinking Trumpster inherited a stagnant economy.

What was GDP growth in 2016?
 

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