Trump Promised 3 Percent Growth. His Economists Quietly Admitted It Won’t Happen.

Discussion in 'Economics & Trade' started by ronv, Mar 19, 2019.

  1. yardmeat

    yardmeat Well-Known Member

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    Yeah, I'm looking at it. I can see a clear trend, like I said, starting before the Republicans took over the House.
     
  2. struth

    struth Well-Known Member

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    Not sure how you see that...it climbed for awhile, then hovered
     
  3. yardmeat

    yardmeat Well-Known Member

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    Here, I've exported the data to Excel and did a linear regression trend line.

    [​IMG]
     
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  4. 61falcon

    61falcon Well-Known Member

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    It was 2.88% for the entire 2018 calendar year???The four quarter average.
     
  5. Spooky

    Spooky Well-Known Member Past Donor

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    Almost certainly?

    lol

    And here I thought you were going to blame Russia.
     
  6. MrTLegal

    MrTLegal Well-Known Member

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  7. Spooky

    Spooky Well-Known Member Past Donor

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  8. MrTLegal

    MrTLegal Well-Known Member

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    Come back to me when you can make a post without trolling.
     
  9. Spooky

    Spooky Well-Known Member Past Donor

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    Proving you wrong is not trolling.

    :)

    Love you!
     
  10. Daniel Light

    Daniel Light Well-Known Member

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    Trump didn't. He just proposed another $1 trillion be added to the debt. Just like Obama, he's buying better economic numbers with fake money.
    Hell, even Jimmy Carter had better GDP numbers than Trump.
     
  11. hawgsalot

    hawgsalot Well-Known Member

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    Play your games all you want but bottomline the facts are it dropped almost a full point in 2016, I can make any long term trend look small but this my friend is undeniable.
     
  12. hawgsalot

    hawgsalot Well-Known Member

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    LOL Now tell us how much the house dems proposing to add to the deficit?
     
  13. yardmeat

    yardmeat Well-Known Member

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    Sorry man, but you are the one cherry picking here. I'm looking at the trends. Putting on blinders and deliberately ignoring the available data in order to hide the trend is nothing to brag about. I've seen people fired for pulling BS like that to take credit for pre-existing trends. If you are only able to "prove" your point by eliminating data, there is a problem with your point.

    Also, GDP didn't "drop" in 2016. It rose. You are confusing real GDP with GDP growth rate. Not the same thing. Nor does it mean that much for the growth rate to drop between one year and another. The total GDP is still going up, it just isn't going up as fast when you compare year X vs the previous year against that previous year vs the year before. No economist anywhere in the world expects the growth RATE to continuously go up over time. That's total nonsense. Growth, all in all, will go up over time. Not necessarily the rate of that growth. It wouldn't even be sustainable for our GPD to do that.

    The graph I showed you was of GDP growth in real dollars. Not rate changes between quarters or years.

    Since you are obsessed with 2016, despite it being intellectually dishonest cherry picking to just focus on that year, here's real dollar GDP growth over 2016.

    [​IMG]
     
    Last edited: Mar 20, 2019
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  14. Daniel Light

    Daniel Light Well-Known Member

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    I didn't say the Dems were any better - just pointing out the fact that Trump is just a typical politician spending the next generation's money - then claiming the economy is improving. Hell, if I could borrow a couple million knowing that I wouldn't have to pay it back while I was still alive, my personal economy would be improving also.
     
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  15. ronv

    ronv Well-Known Member

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    Like trade wars are easy to win?
     
  16. AtsamattaU

    AtsamattaU Well-Known Member

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  17. Arkanis

    Arkanis Well-Known Member

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    Those numbers are from a plot from the Deep State.
     
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  18. Pred

    Pred Well-Known Member

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    And Obama lied about nearly everything in the ACA. And.....Democrats never gave a ****.

    Trump nor ANYONE can guarantee an economy is going to do what it does. But a bill is a written piece of legislation. It’s supposed do exactly what it’s written to do. The ACA didn’t do what it was designed to do, at all.

    And most importantly a prediction is just that. A prediction. Shall we hold every single scientists feet to the fire that have been so wrong in all their environmental predications? Besides claiming it’s changing? WOW they’re geniuses predicting something that has to happen and hs happened for billions of years. Pat them on the back.
     
    Last edited: Oct 30, 2019
  19. Egoboy

    Egoboy Well-Known Member Donor

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    The difference is many of you people believed his tripe..... legitimately believed our "Businessman" President could cut through the crap and make the country hum like a tuned-up Corvette.

    He can't, even if he really tried to, which he didn't.... Too busy making money for Trump to make money for the USA too...

    Lot easier to do...
     
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  20. vman12

    vman12 Well-Known Member Past Donor

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    Who's holding up USMCA again?
     
  21. Egoboy

    Egoboy Well-Known Member Donor

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    Who says that's a bad thing?
     
  22. mdrobster

    mdrobster Well-Known Member

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    Bush Jr economic policies v2.0. The tax cuts were only temporary, and now with the ballooning deficits, things are not looking rosy.
     
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  23. vman12

    vman12 Well-Known Member Past Donor

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    Canada and Mexico, who both already approved it.

    I understand why leftists don't want economic success for the country though, you don't really need to explain.
     
    Last edited: Oct 30, 2019
  24. Egoboy

    Egoboy Well-Known Member Donor

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    I equally don't understand why wingers think anything Trump has a hand in would provide economic success for anybody other than Trump...
     
  25. vman12

    vman12 Well-Known Member Past Donor

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    You mean other than the actual economy I suppose.
     

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