https://www.bea.gov/data/gdp/gross-domestic-product This is today’s release. 2.0% for 2nd quarter is far from recession. Very far. Now you know the truth. Hoped to get it in before you read more of liberals complaints about the US economy.
Of course it is. Just noting that Obama was criticized for "only" 2% growth. So I guess you agree that conservative critics of Obama are massive hypocrites?
All I'm hearing, Popeyes has run out of their new chicken sandwich and they are blaming the Trump economy.
the economy is teetering on recession, Trump is hoping it won't happen till after 2020 Bush told us the economy was doing great right up till the election... we know how that went
Let us not forget that GDP includes government spending. How much of that is Trump's spending (of misappropriated funds, I might add) on renewed border fencing in places that already had fencing?
If the best thing Progressives have, are the "but the economy isn't as good as Trump said it was going to be!" You guys are in a lot of trouble come 2020. It isn't even debatable that the economy is much stronger now than when it was under Obama. I mean come on, it just makes sense. Obama was worried more about Global Perception while Trump is laser focused on the economy of America. But with every single statistic strong, the literal only thing you guys have is "But this one time Trump said he was going to grow over 3%!!!! 2020 should be fun
Who said that's the "best thing Progressives have"? I'm simply pointing out that conservatives are hypocrites. So the actual data doesn't matter, it's your perception of reality that counts. Got it. Our economy has grown at almost exactly the same pace it did under Obama. THAT is the non-debatable fact. For conservatives, that pace was criminally slow when Obama was president. But now that Trump is in charge, that pace is just fine. That's massively hypocritical. Never mind that Trump promised to raise growth to 3% or even 4%. Never mind that Trump blew a $1 TRILLION hole in the budget and STILL can't get above 3%. Conservatives used to pretend to care about stuff like that. But now we know they were just being massive hypocrites.
Careful, if you want to use this argument than the entire Obama recovery was exactly that. But this is what I was talking about above, to anyone who is even remotely educated on fiscal theory the statement above is kindergartner level funny.
Oh, I see. Is that the new conservative line? "Sure, we said that growth should be 3-4%. But we didn't mean NOW, when we're in charge." Good luck with that, hypocrite.
I don't credit Obama, but every economic trend Trump has tried taking credit for is one he inherited. No one who can read a graph should be crediting Trump. And Trump's promises about growth matter because that was the justification he gave for his tax cuts. His tax cuts won't pay for themselves without sustained growth of 3%+, which he can't deliver on. But I'm glad you appear to realize you can't trust a word Trump says.
I don't recall anyone predicting that the recession would specifically be this quarter. 2% is fine and all, but it is not a signal that no recession will come. We'll be back in a recession at some point. Trump's trade wars will probably get us there faster, though there's more to it than that.
Why would I have to be careful about that? I'm not on D or R, and I'm not interested in bashing one party and president while defending the other to the hilt. The economy has had some significant issues that have been around through several presidential terms, and no president or Congress ever seems to be able or willing to deal with them, Trump included.
