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General Category >> Politics, Religion (Tall Table) >> I'm ConFewzeded,,You know how I get..
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Message started by justin_o_guy2 on 02/02/18 at 08:11:53

Title: I'm ConFewzeded,,You know how I get..
Post by justin_o_guy2 on 02/02/18 at 08:11:53

So, projection Wuzz,,
Elect Trump
Economy CRASH!
So, it was gonna be His Fault..
But, instead of crashing,
After eliminating roadblocks and tax penalties, the economy is roaring back.

BUT, that's in Spite of Trump?

Will anyone ever admit they were Wrong?

he US GDP has increased each quarter in 2017 with the 3rd Quarter GDP increasing to $19.496 trillion – the highest GDP for any country in world history.

On the other hand, the President has curtailed US spending. The result is that the US Debt to GDP ratio has decreased year to date from 105%

No President in more than 50 year years has decreased the Debt to GDP ratio in his first year in office by more than 1%.

The stock market has set 99 new records since Donald Trump won the presidential election in 2016.
The stock market is up over 40% since his stunning victory.

Now this…

The Atlanta Fed upgraded the US first-quarter GDP growth to above 5%.

To put this in perspective — Barack Obama never pulled off a single year ABOVE 3% GDP growth.

Reuters reported:

The U.S. economy is on track to grow at a 5.4 percent annualized rate in the first quarter following the latest data on manufacturing and construction spending, the Atlanta Federal Reserve’s GDPNow forecast model showed on Thursday.

The latest estimate on gross domestic product was faster than the 4.2 percent growth pace calculated on Monday, the Atlanta Fed said.

Hat Tip Tony

http://thegatewaypundit.com/2018/02/boom-atlanta-fed-upgrades-first-quarter-gdp-5-4/

I know, it's just the Natural direction to expect after Obama set it up for him.
The deregulation, the taxes, promise of ditching the crappy trade deals,
AAAND that nuclear war we have avoided,, that lefties were just sure Trump would start, and Obama Never Saw THREE PERCENT...

Title: Re: I'm ConFewzeded,,You know how I get..
Post by FormerlyLostArtist on 02/02/18 at 10:51:55

647B7D7A6760516151697B773C0E0 wrote:

so, again, it's only been one year

and again to be fair, Trump hasn't had a year over 3% yet either, again, you're getting all worked up over cheerleadering... get some windex

"The Atlanta Fed upgraded the US first-quarter GDP growth to above 5%.

To put this in perspective — Barack Obama never pulled off a single year ABOVE 3% GDP growth."

and you're comparing quarters to years again, in your gdp growth, I've shown you before that's wrong, Obama had many quarters over 3% even at least one over 5%

and on the stock market: Trump Ranks Sixth In Stock Market Performance Behind Obama And Clinton
https://www.forbes.com/sites/johndorfman/2017/10/30/trump-ranks-sixth-in-stock-market-performance-behind-obama-and-clinton/#52873c586644

I'll give you this "Stocks have risen in nine of the first ten months of the Trump Administration, a record that no other U.S. president can match."

but then you have to give me this: "While the market has consistently gained under Trump, the gains haven’t been record-setting. From inauguration day on January 20 through October 27, the S&P 500 shows a 15.38% annualized rate of return. That’s less than the annualized percentages achieved under five other presidents."

Trump hasn't seen 3% yet either, not in a year, quarterly sure, but Obama had 8 quarters over 3% https://www.statista.com/statistics/188185/percent-chance-from-preceding-period-in-real-gdp-in-the-us/

so, cool your jets, AGAIN, quit being so overly excited about everything Trump does