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

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

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  1. struth

    struth Well-Known Member

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    The BLS breaks it down year by year
     
    struth, Mar 20, 2019
    #51
  2. struth

    struth Well-Known Member

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    Nancy and Harry Reid...they only made things worse for him over the following two years
     
    struth, Mar 20, 2019
    #52
  3. yardmeat

    yardmeat Well-Known Member

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    The economic indicators were already started on an upward trend before 2011. This is an objective fact. I'm sorry if it creates an inconvenience for your politics, but math doesn't change just to accommodate that.
     
    yardmeat, Mar 20, 2019
    #53
  4. danielpalos

    danielpalos Banned

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    it looked pretty bad in a vacuum of special pleading.
     
    danielpalos, Mar 20, 2019
    #54
  5. danielpalos

    danielpalos Banned

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    trends have been up since 2010.
     
    danielpalos, Mar 20, 2019
    #55
  6. Spooky

    Spooky Well-Known Member Past Donor

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    Are you saying I should vacuum more and quit posting as much?

    That is rather sexist of you.
     
    Spooky, Mar 20, 2019
    #56
  7. struth

    struth Well-Known Member

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    Show me
     
    struth, Mar 20, 2019
    #57
  8. struth

    struth Well-Known Member

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    Yes when the gop took seats in Congress
     
    struth, Mar 20, 2019
    #58
  9. yardmeat

    yardmeat Well-Known Member

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    I already provided graphs of manufacturing employment and GDP over that time.
     
    yardmeat, Mar 20, 2019
    #59
  10. yardmeat

    yardmeat Well-Known Member

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    They didn't take those seats until 2011. Even then, they only won a majority in the House, not the Senate.
     
    yardmeat, Mar 20, 2019
    #60
  11. danielpalos

    danielpalos Banned

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    are you brave enough to make appointments for full body massage?
     
    danielpalos, Mar 20, 2019
    #61
  12. Texas Republican

    Texas Republican Well-Known Member Past Donor

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    I want to cut everything across the board.
     
    Texas Republican, Mar 20, 2019
    #62
  13. struth

    struth Well-Known Member

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    Missed it.
     
    struth, Mar 20, 2019
    #63
  14. struth

    struth Well-Known Member

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    The GOP took power in Congress in 2010.

    More over the manufactoring jobs graph shows a massive up tic after Trump was elected
     
    struth, Mar 20, 2019
    #64
  15. yardmeat

    yardmeat Well-Known Member

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    The election you are talking about happened at the end of 2010 and the people who won didn't take office until 2011. And they only got a slim majority in the House; they were still a minority in the Senate. To say they "took power" is being generous. Plus the trend predates them taking office, as I've said. And, if you look at the graph, no, there was no "massive up tic after Trump was elected." Refer to the graph. There's a steady trend in manufacturing jobs returning staring mid 2009. Nothing that Trump did has broken that trend. The trend continues.
     
    yardmeat, Mar 20, 2019
    #65
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  16. struth

    struth Well-Known Member

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    yes and it was 2011 that we saw some change...nothing really major happened though until the GOP gained more power

    https://data.bls.gov/timeseries/lns14000000
     
    struth, Mar 20, 2019
    #66
  17. yardmeat

    yardmeat Well-Known Member

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    The chart I provided shows GDP starting an upward trend before 2011. Your own chart shows a downward trend in unemployment starting in 2010 (actually closer to the end of 2009. And just a few minutes ago you said the trends started in 2010. Why did you change your mind about when the trend started after you realized that they took power in 2011 instead of 2010?
     
    yardmeat, Mar 20, 2019
    #67
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  18. struth

    struth Well-Known Member

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    It shows it continuing to hover around double digits for Obama's first two years in office, and we see no real decline until after the GOP gains seats
     
    struth, Mar 20, 2019
    #68
  19. hawgsalot

    hawgsalot Well-Known Member

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    Oh yeah that 1.6% GDP in 2016 following a 2.2% GDP growth in 2015 sure shows a lot of upward trend. Good grief 1.6% is less than 2.2%. Therefore, the fact is between Obama's 7th and 8th year the GDP was falling, there was no upward trend period.
     
    Last edited: Mar 20, 2019
    hawgsalot, Mar 20, 2019
    #69
  20. Doofenshmirtz

    Doofenshmirtz Well-Known Member Past Donor

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    Doofenshmirtz, Mar 20, 2019
    #70
  21. yardmeat

    yardmeat Well-Known Member

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    You can find a graph of real GDP over time that I posted earlier in the thread. It has been growing at about the same clip since mid 2009. Looking at two numbers is not going to show you a trend. That's not how trends work. You need more than 2 data points for a trend line.
     
    Last edited: Mar 20, 2019
    yardmeat, Mar 20, 2019
    #71
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  22. yardmeat

    yardmeat Well-Known Member

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    Not according to the graph you provided yourself.
     
    yardmeat, Mar 20, 2019
    #72
  23. MrTLegal

    MrTLegal Well-Known Member

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    Yes, it fell below 3%. Or rather, it failed to achieve the 3% he promised.

    Almost certainly because of his trade war.
     
    Last edited: Mar 20, 2019
    MrTLegal, Mar 20, 2019
    #73
  24. struth

    struth Well-Known Member

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    Read the chart, it clearly shows that
     
    struth, Mar 20, 2019
    #74
  25. Dispondent

    Dispondent Well-Known Member Past Donor

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    When does the impeachment talk start?
     
    Dispondent, Mar 20, 2019
    #75
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