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I can't tell if you're pro-democrat or mocking democrats with that post.
As for Trumps proclamations, I don't listen to any of them. His lies, hyperbole and exaggerations are well know so I don't waste time even trying to process any of it.
This is the deal. Some people really don't care about the GDP under Trump. They just care about sticking it to those who don't support Trump. We're not in an economic war, we're in a culture war. It's Trump supporters vs everyone else. Many people are going to keep supporting Trump in spite of the economy not improving that much. He tells them what they want to hear. They want to stick it to those whom they kind undesirable.
Think about it - 2% GDP while tariffs have been imposed.
USMCA being signed this week, phase one China deal signed.
Seems to me up is in the future.
I find it disingenuous and quite hilarious that when we have 3% or better, the left give all the credit to Obama - who never hit 3% in any quarter of his eight years. He's the only President in history not to.
This is the deal. Some people really don't care about the GDP under Trump. They just care about sticking it to those who don't support Trump. We're not in an economic war, we're in a culture war. It's Trump supporters vs everyone else. Many people are going to keep supporting Trump in spite of the economy not improving that much. He tells them what they want to hear. They want to stick it to those whom they kind undesirable.
Latest forecast: 1.9 percent — January 28, 2020
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2019 is 1.9 percent on January 28, up from 1.8 percent on January 17. After last week's and this week's data releases by the National Association of Realtors and the U.S. Census Bureau, the nowcast of fourth-quarter real gross private domestic investment growth increased from -2.3 percent to -2.0 percent
The claim that GDP is a good measurement of the economy should never be believed.
Latest forecast: 1.9 percent — January 28, 2020
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2019 is 1.9 percent on January 28, up from 1.8 percent on January 17. After last week's and this week's data releases by the National Association of Realtors and the U.S. Census Bureau, the nowcast of fourth-quarter real gross private domestic investment growth increased from -2.3 percent to -2.0 percent
We won't see consistent 2+% growth in the economy until wealth and wages stop being concentrated at the top of the economy.
Trump's negotiating trade agreements with country's all around the World, so of course we are going to hit some hard spots.
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