Also owns the worst quarter of GDP growth since 2009 of .7% in the first quarter of 2017.
Sorry Trump and Trumpeteers, but you can't pick and choose positive and negative economic data when it suits you.
(Oh and if you want to divvy it up between Trump and Big O, it was 2.1% last quarter)
Either you own it all or none of it.
And the .7% GDP is incredibly troubling because it's tied to consumer spending which is not surprisingly, weak.
And it will get weaker as wage growth remains flat.
So far Trump in 2017 because the GDP growth really is what affects the average joe of covers (yes, YOU reading this right now):
Fail
Fail
Fail
Of course, you have an out. Just disown all the economic data until prudent and we can discuss later. But if you take credit for anything you take credit for all of it.
Can't talk your way out of this one....
To remove first post, remove entire topic.
Also owns the worst quarter of GDP growth since 2009 of .7% in the first quarter of 2017.
Sorry Trump and Trumpeteers, but you can't pick and choose positive and negative economic data when it suits you.
(Oh and if you want to divvy it up between Trump and Big O, it was 2.1% last quarter)
Either you own it all or none of it.
And the .7% GDP is incredibly troubling because it's tied to consumer spending which is not surprisingly, weak.
And it will get weaker as wage growth remains flat.
So far Trump in 2017 because the GDP growth really is what affects the average joe of covers (yes, YOU reading this right now):
Fail
Fail
Fail
Of course, you have an out. Just disown all the economic data until prudent and we can discuss later. But if you take credit for anything you take credit for all of it.
If were talking about a 3 month quarter then you have to consider that Trumpy didn't even get in the White house until the 21st of Januarary and then didn't get his people approved by senate for some time after that. The first quarter choo choo had already left the station by the time he had a reasonable chance to influence anything.
If were talking about a 3 month quarter then you have to consider that Trumpy didn't even get in the White house until the 21st of Januarary and then didn't get his people approved by senate for some time after that. The first quarter choo choo had already left the station by the time he had a reasonable chance to influence anything.
If were talking about a 3 month quarter then you have to consider that Trumpy didn't even get in the White house until the 21st of Januarary and then didn't get his people approved by senate for some time after that. The first quarter choo choo had already left the station by the time he had a reasonable chance to influence anything.
Blah blah blah blah....next quarter or the next bad GDP quarter I know your lame reply, it will be that eight years of Obama caused blah blah blah blah...Democrats, Obamacare, Liberals...blah blah blah blah..
Spare the canned responses, those who are not party mouthpieces already know the answers..
The economy is not a 3 month snapshot, not even a year snapshot...the accuracy of economic reporting is not great, it is not smooth. I saw that number and I didnt give two craps about it because I already know the status of the economy and the number did not shock me at all.
The way our economy is functioning is the same for the last decade plus...businesses are not spending, they are outsourcing labor and are margin hawks...they are financially engineering profits and shifting costs. Our economy is turning into a high turnover service heavy focus.
The only thing that should matter is the gap between wealthy and poor is getting larger and larger...that is the only thing that matters. If people are not able to save and prepare, not about to plan and feel confident in not just today or tomorrow but in 20 years, THAT is the only thing that matters.
The .7 for one quarter, who cares??? I know the party morons do....this party vs that party.
Quote Originally Posted by wordsmyth:
If were talking about a 3 month quarter then you have to consider that Trumpy didn't even get in the White house until the 21st of Januarary and then didn't get his people approved by senate for some time after that. The first quarter choo choo had already left the station by the time he had a reasonable chance to influence anything.
Blah blah blah blah....next quarter or the next bad GDP quarter I know your lame reply, it will be that eight years of Obama caused blah blah blah blah...Democrats, Obamacare, Liberals...blah blah blah blah..
Spare the canned responses, those who are not party mouthpieces already know the answers..
The economy is not a 3 month snapshot, not even a year snapshot...the accuracy of economic reporting is not great, it is not smooth. I saw that number and I didnt give two craps about it because I already know the status of the economy and the number did not shock me at all.
The way our economy is functioning is the same for the last decade plus...businesses are not spending, they are outsourcing labor and are margin hawks...they are financially engineering profits and shifting costs. Our economy is turning into a high turnover service heavy focus.
The only thing that should matter is the gap between wealthy and poor is getting larger and larger...that is the only thing that matters. If people are not able to save and prepare, not about to plan and feel confident in not just today or tomorrow but in 20 years, THAT is the only thing that matters.
The .7 for one quarter, who cares??? I know the party morons do....this party vs that party.
Usually, governments receive too much blame when economy is bad and too much credit when economy is good. Economy is bigger than government and operates independently regardless of government in power.
Short term fluctuations aren't as important as long term trends. In the first year of a new President, previous President has a bigger impact on the economy. Under Obama, US economy recovered with years of consistent economic growth similar to those of recent Presidents.
Usually, governments receive too much blame when economy is bad and too much credit when economy is good. Economy is bigger than government and operates independently regardless of government in power.
Short term fluctuations aren't as important as long term trends. In the first year of a new President, previous President has a bigger impact on the economy. Under Obama, US economy recovered with years of consistent economic growth similar to those of recent Presidents.
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