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Why is it that Trump supporters hate our country so much they are perfectly fine with a president who obviously welcomes Russian interference in our elections? I get it as long as the numbers look good,right?
Umm..the supposed interference happened under Obams, and that scum knew it was happening, but didnt care because Hilly was supposed to be a shoe-in.
While GDP revises downward. Meager wage growth won't mean much when we are in a recession during the next election
Don't recall Trump hitting the quarterly GDP growth of 5.1% that Obama hit in 2014
To use a baseball analogy, if you have a career batting average of 0.193, no one cares about the fluke home run you hit.
It's normal to see very high GDP increases when emerging from a recession, and a more sever the downturn typically means a stronger rebound.
Reagan and Obama experienced similar recessions, but Reagan realized much higher GDP increases when the economy recovered.
In fact, starting with a 9.4% gain in 1983, Reagan's recovery featured four quarters with GDP gains north of eight percent and an annual GDP increase greater than seven percent (1984).
"President Donald Trump failed to achieve his much-ballyhooed 3% target for economic growth in 2018 after all.
Actually he promised 4-5% growth, but then lowered it to 3%, and failed to reach even that.
This is not good considering he already used a trillion dollar stimulus to pretty it up. We are paying for his stimulus in massive acceleration of debt, and getting nothing in return.
The stock market has made no gains in 19 months, which is more than pathetic.
Trump should not be seeing the numbers as high as he is, but he is.
Can you explain why Trumps 2.1% growth is better than it should? It is not.
GDP average examples
JFK: 5.7
Johnson 5.2
Carter: 3.4
Reagan: 3.4
Clinton: 3.7
Bush Jr 1.7
So, if the economy is as good as Trump wants you to believe, why do you say 2.1% is better than it should?
Trump is actually one of the few whose numbers are not being negatively impacted by a downturn (not yet, anyway). If there is a downturn, his numbers will look REALLY bad.
When Trump took office the GDP growth was 2.7, so he is going in the wrong direction.
To use a baseball analogy, if you have a career batting average of 0.193, no one cares about the fluke home run you hit.
It's normal to see very high GDP increases when emerging from a recession, and a more sever the downturn typically means a stronger rebound.
Reagan and Obama experienced similar recessions, but Reagan realized much higher GDP increases when the economy recovered.
In fact, starting with a 9.4% gain in 1983, Reagan's recovery featured four quarters with GDP gains north of eight percent and an annual GDP increase greater than seven percent (1984).
Obama should have realized numbers like Reagan's, but he didn't.
Trump should not be seeing the numbers as high as he is, but he is.
Use your right wing spin zone to tell us how great it was for dubya and now Trump to add trillions to the national debt with tax cuts that didn't pay for themselves.
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