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However you spin it, 4.1 is an excellent number. If we have success with our trade efforts-coupled with the continued tax cut effects then watch out.
3% for the year is looking very good right now.
A meaningless arbitrary number. Its blatantly obvious that we need far more than that to just give the workers a small increase in pay. Currently its not happening. Wages have been flat for 20 years. Obama had two years of 2.9% GDP growth and it did nothing. No one cares about this. People care about median income growth. We had skyrocketing income growth in the 50 year period from the 1930s to 1980. Then labor was crushed and Wall Street decided to hoard national income growth into fewer and fewer hands. This isnt addressed at all.
Good economic news coming out in the morning. I believe this shows the effects of tax cuts and repatriated money. Two things that were not going to happen if Hillary had won. If Gary Johnson had won we would have similar tax cuts IMHO. And getting anything over 4% in this late a stage in the recovery since 2009 would be very impressive.
Second-quarter GDP data on Friday is set to be released at 8:30 a.m. Eastern and may reflect one of the fastest rates of economic expansion since a 5.2% print in the third quarter of 2014, and if it comes out ahead of that figure, it would be the best GDP report since 2003, writes MarketWatch's Steve Goldstein.
A meaningless arbitrary number. Its blatantly obvious that we need far more than that to just give the workers a small increase in pay. Currently its not happening. Wages have been flat for 20 years. Obama had two years of 2.9% GDP growth and it did nothing. No one cares about this. People care about median income growth. We had skyrocketing income growth in the 50 year period from the 1930s to 1980. Then labor was crushed and Wall Street decided to hoard national income growth into fewer and fewer hands. This isnt addressed at all.
True but they vote against their own interests just to spite liberals so the fact they are so gleeful about growth that really only benefits huge corporations doesnt matter to them, so long as the right wing uber rich are 'winning', they dont care that they themselves are actually losing.
I suspect we should still have a great economy because of all the companies that have yet to open their expansions announced in 2014. Trump is riding the gravy train of years of profit. WOO HOO.
And yes I'm impressed he hasn't blown up the train yet.
And yes -- folks should be careful not to be too boastful --- as mentioned -- this GDP growth hasn't been seen since 2014 and that year the GDP averaged out at 2.6 -- not near the 3 or 4 y'all are hoping for.
It's good -- Americans are resilient and have been enjoying a slow steady economy for years now....woo hoo.
Some of you can continue to whine all you want to, but the numbers are great right now. Accept it because everyone knows when you are complaining, it's all about sour grapes.
I suspect we should still have a great economy because of all the companies that have yet to open their expansions announced in 2014. Trump is riding the gravy train of years of profit. WOO HOO.
And yes I'm impressed he hasn't blown up the train yet.
And yes -- folks should be careful not to be too boastful --- as mentioned -- this GDP growth hasn't been seen since 2014 and that year the GDP averaged out at 2.6 -- not near the 3 or 4 y'all are hoping for.
It's good -- Americans are resilient and have been enjoying a slow steady economy for years now....woo hoo.
But median wages have been flat for the past 20 years and have currently been shrinking in the past quarter.
Why should we care about GDP growth but not income growth for Joe Sixpack? Makes no sense.
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