OFFICIAL: Donald Trump thread.

[siablo14]

Provide your link, no one believes you.

Post #34875 and 34879
https://www.reuters.com/article/us-u...-idUSKCN1UL1KP

[siablo14]

Provide your link, no one believes you.

https://www.bloomberg.com/news/artic...data-revisions

[siablo14]

Provide your link, no one believes you.

https://www.vox.com/2019/7/26/893156...ump-tax-failed

[siablo14]

Provide your link, no one believes you.

Data revisions released Friday wiped away what had been a prized talking point for the White House: G.D.P. grew 2.5 percent for all of 2018, down from the 3 percent previously reported.

https://www.nytimes.com/2019/07/26/b...dp-growth.html

Can you feel me now?

Put Teacher in your reply.

[JimRaynor]

https://www.reuters.com/article/us-u...-idUSKCN1UL1KP

2019
Q1 - 3.1
Q2 - 2.1

What you talking bout? 2019 aint even finished yet. What you talking about was?

My bad I misread what you wrote, so what you tryna say big guy, that economic growth in 2018 dropped from 2.9% to 2.5%, what are we going to do now?

[siablo14]

My bad I misread what you wrote, so what you tryna say big guy, that economic growth in 2018 dropped from 2.9% to 2.5%, what are we going to do now?

Don't know. Some of us have been saying that's the new norm but people like Trump and 1bad been saying they are gonna show us 3%.

But it if they didn't achieve it with that tax cut, i don't know how they will be able to with any other policy.

Keep in mind the deficit is almost a trillion. So y'all said the tax cut will pay for itself but the growing deficit shows that y'all got bamboozled. How you feel about that?

[JimRaynor]

https://www.reuters.com/article/us-u...-idUSKCN1UL1KP

2019
Q1 - 3.1
Q2 - 2.1

What you talking bout? 2019 aint even finished yet. What you talking about was?

Don't know. Some of us have been saying that's the new norm but people like Trump and 1bad been saying they are gonna show us 3%.

But it if they didn't achieve it with that tax cut, i don't know how they will be able to with any other policy.

Keep in mind the deficit is almost a trillion. So y'all said the tax cut will pay for itself but the growing deficit shows that y'all got bamboozled. How you feel about that?

I mean the tax cut did pay for itself in the sense that we are still bringing in more tax revenue than every year prior. The problem has always been with spending. If you're going to create a tax cut you need to cut spending, but instead they increase spending so the deficit starts to balloon.

Ps just read one of them articles, about that GDP growth, well actually the revised growth to 2.5% is GDI growth, which is over a 12 month period or year over, apparently 2018's quarterly report still was 2.9%

"Gross domestic product, a broad measure of the goods and services produced, was up 2.5% in the fourth quarter of 2018 from a year earlier, the Commerce Department reported Friday. That was down sharply from its most recent estimate of 3%, and was largely due to lower business investment and exports than previously estimated.

Measured another way—total output for 2018 compared with total output for 2017—the economy grew 2.9% last year. That figure was unrevised from the government’s earlier estimates, and it marked the strongest yearly pace of growth since 2015."

[1bad65]

My bad I misread what you wrote, so what you tryna say big guy, that economic growth in 2018 dropped from 2.9% to 2.5%, what are we going to do now?

The superfans are mocking Trump for "only" having annual growth of 2.5% after a Trump year of 2.9% growth.

Yet their guy had 8 years and couldn't break 2%.


Go! Team! Go!

[JimRaynor]

The superfans are mocking Trump for "only" having annual growth of 2.5% after a Trump year of 2.9% growth.

Yet their guy had 8 years and couldn't break 2%.


Go! Team! Go!

I mean measured quarterly is how they typically measure economic growth (Trump used year over because it made his numbers look better) the economy still grew at 2.9%. From Siablo's reuters article.


The Commerce Department said on Friday that gross domestic product increased at a 2.9% rate last year, confirming an estimate which was published in March. The department’s annual revisions to GDP data also showed the economy growing 2.5% in the 12 months through the fourth quarter of 2018, down from the previously reported 3.0%.

[siablo14]

https://www.reuters.com/article/us-u...-idUSKCN1UL1KP

Damn! So 1bad, he hasn't even gotten that 4% rate that you were beating your chest about.

Go back to this thread and work the averages yourself and tell me what you get. When i worked it i got 2.5

https://www.nytimes.com/2019/07/26/b...dp-growth.html

Can you feel me now?

Put Teacher in your reply.

The Times article said GDP for the whole of 2018 was 2.5

I mean the tax cut did pay for itself in the sense that we are still bringing in more tax revenue than every year prior. The problem has always been with spending. If you're going to create a tax cut you need to cut spending, but instead they increase spending so the deficit starts to balloon.

Ps just read one of them articles, about that GDP growth, well actually the revised growth to 2.5% is GDI growth, which is over a 12 month period or year over, apparently 2018's quarterly report still was 2.9%

"Gross domestic product, a broad measure of the goods and services produced, was up 2.5% in the fourth quarter of 2018 from a year earlier, the Commerce Department reported Friday. That was down sharply from its most recent estimate of 3%, and was largely due to lower business investment and exports than previously estimated.

Measured another way—total output for 2018 compared with total output for 2017—the economy grew 2.9% last year. That figure was unrevised from the government’s earlier estimates, and it marked the strongest yearly pace of growth since 2015."

i noticed that article wasn't written clearly so i found others that stated it clearly. The GDP for whole of 2018 was revised to 2.5. Dont take our word for it. Work the average yourself and see.