Economy is roaring

[Anonymous]

Under Obama, the 2.1% growth was anemic.
Under Trump, 2.1% growth is roaring.

#TrumpWisdom

[Anonymous]

Anonymous wrote:Under Obama, the 2.1% growth was anemic.
Under Trump, 2.1% growth is roaring.

#TrumpWisdom

This!!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:what happened to the 3%GDP growth? It’s now below 2%. Manufacturing down, farm bankruptcies up 25%, trucking decimated, wage growth nonexistent.

Trump’s tax cut was awesome for rich people and corps.

Stop posting incorrect numbers and misleading info.

The latest GDP is NOT below 2%:
https://www.bea.gov/news/2019/gross-domestic-product-third-quarter-2019-third-estimate-corporate-profits-third-quarter

What exactly is manufacturing "down" from? It was in a lull midyear, but has rebounded since then:
https://tradingeconomics.com/united-states/manufacturing-pmi

Plus, manufacturing hit an all time high under Trump, and manufacturing GDP CLEARLY took off after he took office:
https://tradingeconomics.com/united-states/gdp-from-manufacturing

Wage growth is in fact, existing. It grows steadily over time, when it does grow.
https://www.frbatlanta.org/chcs/wage-growth-tracker

Yes, farm bankruptcies are up, however, there are many reasons, other than trade, to blame:
https://modernfarmer.com/2019/11/farm-bankruptcies-are-way-up-this-year/

This forecast from the ATA hardly describes a "decimated" industry.
https://www.trucking.org/article/Latest-Freight-Forecast-Projects-25.6%25-Increase-in-Tonnage-by-2030

Things are not as bad as you hope them to be...

GDP is 2.1%. This is not the "greatest economy in history." The economy is not "roaring." And you are never going to convince me otherwise as long as the GDP sits at 2.1% and debt to GDP ratio is above 100%.

THIS

[Anonymous]

Economy is roaring and Dems can't stand it. Record breaking Christmas sales this year. Markets at all time high. Historic low unemployment. Dems hoping for job losses in 2020. Liberalism is a mental disease.

[Anonymous]

Anonymous wrote:Under Obama, the 2.1% growth was anemic.
Under Trump, 2.1% growth is roaring.

#TrumpWisdom

I've never heard anyone say that 2.1% growth is "roaring", in itself. The economy is far more than GDP alone.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Under Obama, the 2.1% growth was anemic.
Under Trump, 2.1% growth is roaring.

#TrumpWisdom

I've never heard anyone say that 2.1% growth is "roaring", in itself. The economy is far more than GDP alone.

The title of this thread contradicts your post.

[Anonymous]

Anonymous wrote:Economy is roaring and Dems can't stand it. Record breaking Christmas sales this year. Markets at all time high. Historic low unemployment. Dems hoping for job losses in 2020. Liberalism is a mental disease.

Bonus: he is packing the courts with originalists.

[Anonymous]

Hey, all I know is that my 401k and other investments have been booming under Trump. Corporate cuts, deregulation, etc have a lot to do with that. No way I want to rock this boat.

[Anonymous]

Anonymous wrote:Hey, all I know is that my 401k and other investments have been booming under Trump. Corporate cuts, deregulation, etc have a lot to do with that. No way I want to rock this boat.

Then you should probably max out your credit cards and your HELOC and invest it all in the stock market. That is basically what the U.S. federal government has done. And definitely don't ask questions about how the U.S. government will pay when the bill comes due. You don't want to know!

[Anonymous]

Anonymous wrote:

Anonymous wrote:Hey, all I know is that my 401k and other investments have been booming under Trump. Corporate cuts, deregulation, etc have a lot to do with that. No way I want to rock this boat.

Then you should probably max out your credit cards and your HELOC and invest it all in the stock market. That is basically what the U.S. federal government has done. And definitely don't ask questions about how the U.S. government will pay when the bill comes due. You don't want to know!

Well, I would support a balanced budget. Sadly I don’t think any candidate or congress will get us there.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Hey, all I know is that my 401k and other investments have been booming under Trump. Corporate cuts, deregulation, etc have a lot to do with that. No way I want to rock this boat.

Then you should probably max out your credit cards and your HELOC and invest it all in the stock market. That is basically what the U.S. federal government has done. And definitely don't ask questions about how the U.S. government will pay when the bill comes due. You don't want to know!

Well, I would support a balanced budget. Sadly I don’t think any candidate or congress will get us there.

Clinton got us the closest, and then Bush blew it out of the water, Obama spent 8 years trying to get it under control, with the GOP House and Senate working against him, and Trump is making it worse. The GOP really sucks at governing other than for the 1%.

[Anonymous]

The bottom line is that things are going well overall with the economy, and Trump deserves as much credit for that as every other president has gotten for their economies, or more since he has been more actively involved in changing economic policy than most presidents.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Under Obama, the 2.1% growth was anemic.
Under Trump, 2.1% growth is roaring.

#TrumpWisdom

I've never heard anyone say that 2.1% growth is "roaring", in itself. The economy is far more than GDP alone.

The title of this thread contradicts your post.

How? My post says that 2.1% growth IN ITSELF is not "roaring". The title of the thread says that the ECONOMY is "roaring".

[Anonymous]

For the love of God. Post actual facts. 2018 had a 2.9% rate of gdp growth, which for the US IS A ROARING ECONOMY:

https://www.statista.com/statistics/188165/annual-gdp-growth-of-the-united-states-since-1990/

Obama only had one year of growth at 2.9%. The US is an advanced first world economy. It will almost never see GDP growth in the order of 6,7,8+% like developing economies or China.


The last time the US had greater than 3% GDP growth was all the way back in 2005. The US had a GDP almost $19 trillion in 2018 vs a gdp of 15 trillion in 2005. The point is that percentages are relative. It is much harder growing a $19 trillion dollars by 3% than it is to grow $15 trillion dollars by 3%. A GDP growth rate for an advanced economy like the US on the order of 2-4% is very good, and very healthy because it is growing a giant economy without causing too much inflation, which is exactly what we have going on now.


Sorry Democrats, the economy IS roaring with a 2.9% GDP growth, record low unployment, record stock markets, record Christmas sales, fantastic consumer sentiment, record low inflation, and riding HHIs.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Under Obama, the 2.1% growth was anemic.
Under Trump, 2.1% growth is roaring.

#TrumpWisdom

I've never heard anyone say that 2.1% growth is "roaring", in itself. The economy is far more than GDP alone.

The title of this thread contradicts your post.

How? My post says that 2.1% growth IN ITSELF is not "roaring". The title of the thread says that the ECONOMY is "roaring".

Because the OP believes the economy is roaring.