3rd Quarter GDP up 3.5% - Don't expect Democrats to talk about it.

Discussion in 'Political Opinions & Beliefs' started by MAGA, Oct 27, 2018.

  1. MAGA

    MAGA Well-Known Member

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  2. Aperez

    Aperez Member

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    Trump promised 4.0 annually, "maybe 5", in his words.
     
    Last edited: Oct 27, 2018
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  3. MAGA

    MAGA Well-Known Member

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    Really?
    He promised?

    Give me a link to see if he promised it in his 1st 2 years.

    So next you're going to whine "Trump's economy is only 80% better than Obama's, not 100% better"...
     
    Last edited: Oct 27, 2018
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  4. Quantum Nerd

    Quantum Nerd Well-Known Member

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    December 2017:

    "So we're at 3.3 percent GDP. I see no reason why we don't go to 4 percent, 5 percent, and even 6 percent."

    Glad to help.
     
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  5. Aperez

    Aperez Member

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    Politifact:

    https://www.politifact.com/truth-o-...ter/promise/1414/grow-economy-4-percent-year/
    Politifact: "Donald Trump’s promise of 4 percent economic growth a year did not happen in 2017" https://www.politifact.com/truth-o-...ter/promise/1414/grow-economy-4-percent-year/
     
  6. Lee Atwater

    Lee Atwater Well-Known Member Past Donor

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    I'm glad to talk about it. What's notable is how little talking the Repubs are doing about the cause for the jump in GDP, the tax cut. That's because the tax cut remains unpopular.

    Why Republican tax cuts are still unpopular

    https://www.washingtonpost.com/blog...s-are-still-unpopular/?utm_term=.eaf40e50f24d

    "It is less than three weeks until the midterm elections, and not only is there still no surge of support for the Republican tax cuts, they remain resoundingly unpopular. On one hand, it should be little wonder that few fell for the Trump tax con. It rained benefits on the highest earners and wealth holders, while offering pennies to the majority of the population. The nonpartisan Tax Policy Center pointed out late last year that the typical middle-income household saw an annual after-tax gain of around $930. That’s not even $18 a week. No surprise, few noticed it in their paychecks. As for the widely heralded bonuses that companies such as AT&T and Sinclair Broadcasting all but immediately announced they would give out as a result of the law, well, workers aren’t stupid and they know the difference between a permanent hourly raise and a one-time gift."
    ........................................................................................................................................................................
    People who are not members of the Cult of Denial understand who the prime beneficiaries of the tax cut are..........and more importantly what it is doing to the national debt. Most people realize there is going to be a cost to be paid in the future for the gains largely going to the rich and to Wall Street.
     
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  7. MAGA

    MAGA Well-Known Member

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    If you think that means he promised to hit 4% in the next 9 months, then reading isn't your strong suit.
     
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  8. spiritgide

    spiritgide Well-Known Member Past Donor

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    And the left will be agreeing with that. It will be the same even on the last day of Trump's presidency.

    There is nothing that could be accomplished that would compel the left to acknowledge Trumps success- they are that deeply committed to their own hate campaign.
     
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  9. mitchscove

    mitchscove Well-Known Member Donor

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    Are you some kind of racist? Because Trump is Caucasian, he's supposed to be able to snap his fingers and change the pathetic mess Obama left behind instantly? Democrats gave Obama 8 years to own the results of his policies. In fact, folks like you allowed Obama to act like a bystander, like he had nothing to do with his pathetic performance, as late as 2016. The bigotry of low expectations benefitted Obama.

    Haven't seen Democrats so mad since we took away their slaves.
     
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  10. mitchscove

    mitchscove Well-Known Member Donor

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    Check out the BEA announcement on October 26, 2012. The BEA reported 2% growth. They revised it up at the end of the following quarters ,,, all the way through the 2014 midterms, then dropped it to 0.5%. Fun to watch the handiwork of the most corrupt Administration in US history.

    http://www.bea.gov/news/2012/gross-domestic-product-3rd-quarter-2012-advance-estimate
     
    Last edited: Oct 27, 2018
  11. Giftedone

    Giftedone Well-Known Member Past Donor

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    3.5% is lower than what was predicted and down from the previous quarter. Putting much stock in short term GDP numbers is somewhat of a fools errand. Obama had quarters that were well above 4% - while reducing the deficit.

    Trump pumped 600 Billion in credit card spending in the first half of the fiscal year - 300 Billion dollar increase on in relation to the past 3 years.

    I would hope that this would do something - The problem is that this is short term gain for long term pain.
     
  12. Aperez

    Aperez Member

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    Trump made the promise in December, 2016
    In the Las Vegas debate.
    Not in 2017. You have egg all over your face.
     
    Last edited: Oct 27, 2018
  13. ButterBalls

    ButterBalls Well-Known Member

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    This will just trigger the leftist and no one will have a happy weekend now!

    See I told you so :)
    Thing were so much calmer when we were at 1.6 and a steady stream of extended flow of Mr. Obatard welfare bucks!
     
    Last edited: Oct 27, 2018
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  14. Quantum Nerd

    Quantum Nerd Well-Known Member

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    Oh well, he didn't use the word "promise" but we all know what he meant. In the same sense, Obama also didn't "promise" that you can keep your doctor if you like him.
     
  15. Aperez

    Aperez Member

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    Duplicate.
     
    Last edited: Oct 27, 2018
  16. ButterBalls

    ButterBalls Well-Known Member

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    That's sort of like "Heard what one wanted to hear" right?
     
  17. ButterBalls

    ButterBalls Well-Known Member

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    Would it make you happier if it were to fall to Mr Obatards levels? If so, you could simply subscribe to the leftist "Heard what one wanted to hear" and live happily ever more ;)
     
    Last edited: Oct 27, 2018
  18. ButterBalls

    ButterBalls Well-Known Member

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    I get the impression that 1.6% is the new norm with the DNC, and anything above that is bad.. Damn if Mr. Obatard didn't get deep in to their heads :)
     
  19. ButterBalls

    ButterBalls Well-Known Member

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    Alt-tab gets tricky sometimes LOLOL
     
  20. ButterBalls

    ButterBalls Well-Known Member

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    You made his point :)
     
    Last edited: Oct 27, 2018
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  21. Aperez

    Aperez Member

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    Obama inherited a recession from a republican president. He got us out of that recession.
    Trump did not inherit a recession.
     
  22. Aperez

    Aperez Member

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    Wrong date. The promise was made in December 2016 at the Las Vegas debate. I destroyed his point.
     
  23. ButterBalls

    ButterBalls Well-Known Member

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    Really? Just how did Mr. Obatard save the economy..
     
  24. ButterBalls

    ButterBalls Well-Known Member

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    LMAO, you guys or alt-tab might want get together on this :)
     
  25. Aperez

    Aperez Member

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    Are you going to pretend l didn’t just tell you he got the US out of the recession?
     

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