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Nope, I sure didn't see it. Now, some parts of the USA are doing better than others. When Trump had made that statement, I had been laid off and my unemployment benefits ran out 3 months earlier(Georgia only gives you UBI for 14 weeks). Trump is full of hot air. That is all the numbers tell me. "Make America Great Again" my foot. That is complete and utter bull feces. First of all, America hasn't been great for everybody, until about 1970. Second, when did America stop "being great"?
They believe everything he says. He's their Chosen one. History is full of bad leader that the population was mesmerized by. All ended badly.
That is what Trump said on December 16, 2017. A video of him saying that is at the link.
Remember that? Be sure to read the comments by the Trump fans at the bottom of the article. They are a perfect example of just naiive Trump fans can really be. They actually thought that would happen, and ridiculed democrats and Obama for not being able to do it! One commenter was even more outrageous:
Nearly two years later, a dose of reality is due.
You can find quarterly real GDP growth here. Below are the numbers since Trump took office, with the quarter in which he uttered those words in red. You can also find the same data on the BEA website here.
No, you don't. Even with the tax cuts Trump said would usher in a period of mega-growth, we see nothing of the kind. All you see is rather mediocre 2's, a few 3's and one 1%, same as we saw under Obama.
The point here is to demonstrate the fantasy world Trump and his fans live in. Just because Trump says something is going to happen, does not mean it will.
Your time and typing would be better served touting all the lies from Schiff, and all the Russia BS, Coloooosion, and other stupidity that's wasted America's patience for two years. The Loser Left never quits!
President Trump's second term will test your sanity for sure.
Your time and typing would be better served touting all the lies from Schiff, and all the Russia BS, Coloooosion, and other stupidity that's wasted America's patience for two years. The Loser Left never quits!
President Trump's second term will test your sanity for sure.
I am soooo sorry you don't like reading about Trump's failed promises, and that the boom he predicted has come to naught. Now, go out and get yourself a scoop of ice cream, maybe it'll make you feel better.
An aging population makes it very, very difficult for the US to achieve even 3% growth over the long run. Not enough consumers, not enough workers, the younger generations deep in debt and mired in stagnant wage growth as they are forced to compete with workers in India, China, and the Asian Pacific. (and I have no idea how AI is going to pley into this). It doesn't matter who the president is or which party holds Congress. A hard rain's gonna fall. Sucks to be young.
That.
And don’t forget, the Baby Boomers are entitled to live forever at the expense of the young. So that means even more wealth sucked out of the young.
Your time and typing would be better served touting all the lies from Schiff, and all the Russia BS, Coloooosion, and other stupidity that's wasted America's patience for two years. The Loser Left never quits!
President Trump's second term will test your sanity for sure.
That's one of the best deflections I have seen in some time.
No you are wrong. The post below was the best deflection ever!
Quote:
Originally Posted by finalmove
Your time and typing would be better served touting all the lies from Schiff, and all the Russia BS, Coloooosion, and other stupidity that's wasted America's patience for two years. The Loser Left never quits!
President Trump's second term will test your sanity for sure.
An aging population makes it very, very difficult for the US to achieve even 3% growth over the long run. Not enough consumers, not enough workers, the younger generations deep in debt and mired in stagnant wage growth as they are forced to compete with workers in India, China, and the Asian Pacific. (and I have no idea how AI is going to pley into this). It doesn't matter who the president is or which party holds Congress. A hard rain's gonna fall. Sucks to be young.
And we are fighting higher immigration levels why? The only way to increase GDP is more people or increases in productivity.
And don’t forget, the Baby Boomers are entitled to live forever at the expense of the young. So that means even more wealth sucked out of the young.
Oh, you mean all the people whose life span is getting SHORTER due to our health care system (or lack of it)????
Remember, one party doesn't want good health care for all...and preventative medicine....and more healthy foods. They love spending 11K per person per year for big Health Care....
Whether you are 8 or 80 your cost is 11k per year per person. In fact, that 8 year old will cost a LOT more per year going forward.
Sorry - the only selfish ones here are called Republicans who would rather spend double the price as the rest of the world for worse health care because they think they are "sticking it to the libs".
And we are fighting higher immigration levels why? The only way to increase GDP is more people or increases in productivity.
What the heck are you talking about?
So, based on what you are saying, GDP didn't go up because
a. Health care costs more
b. Interest rates were artificially lowered causing people to borrow and spend more
c. The Government spent more than ever
d. "Tax Cuts from Debt and Deficit" give people a few bucks more
NONE of that has to do with productivity. We know manufacturing is hurting, so no GDP increases there.
This gets to the heart of the matter - that GDP doesn't really matter much at this point. It's really the distribution and baselines that affect most people. When 47% (for example) of Floridians aren't making it, they aren't celebrating when the Billionaire gets a tax cut - they are more interesting in getting health care.
If the deficit was cut in 1/2 from the last Obama years and we didn't give tax cuts and the ACA was expansed and we had even 1% GDP growth, it would be a fine thing. But with all the desperate measures that have been taken...the average person is still not feeling it.
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Now, go out and get yourself a scoop of ice cream, maybe it'll make you feel better.
