OFFICIAL: Donald Trump thread.

[siablo14]

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%.

That article is not clear read the NYT article and work the average yourself and tell me what you get.

[siablo14]

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!

Barrack break 2% a few times. Trump has never achieved the heights Barrack has. Barrack has touched 2.9. Trump hasn't.

[Vlad_]

[Vlad_]

[JimRaynor]

That article is not clear read the NYT article and work the average yourself and tell me what you get.

There are two ways they average GDP, year over which is January through December, (thats the revised part in the article down to 2.5%) and a non standard way that actually the US government officially uses to track its GDP. In other words in US the quarter doesn't begin in January, the first quarter of the United States federal government's fiscal year is October, November, and December, Q2 is January, February, and March, Q3 is April, May, and June, and Q4 is July, August, and September. Measured in the typical way the USA tracks its GDP starting in October then the GDP remained unchanged from the 2.9%



Now whose the teacher?

Barrack break 2% a few times. Trump has never achieved the heights Barrack has. Barrack has touched 2.9. Trump hasn't.

Trump and Barrack both have reached 2.9% when measuring GDP the official way the USA has been doing it since forever starting in October and ending in September.

[man down]

There are two ways they average GDP, year over which is January through December, (thats the revised part in the article down to 2.5%) and a non standard way that actually the US government officially uses to track its GDP. In other words in US the quarter doesn't begin in January, the first quarter of the United States federal government's fiscal year is October, November, and December, Q2 is January, February, and March, Q3 is April, May, and June, and Q4 is July, August, and September. Measured in the typical way the USA tracks its GDP starting in October then the GDP remained unchanged from the 2.9%



Now whose the teacher?





Trump and Barrack both have reached 2.9% when measuring GDP the official way the USA has been doing it since forever starting in October and ending in September.

Bro just ignore him. He doesn't even live here. Same with balls deep.

[siablo14]

There are two ways they average GDP, year over which is January through December, (thats the revised part in the article down to 2.5%) and a non standard way that actually the US government officially uses to track its GDP. In other words in US the quarter doesn't begin in January, the first quarter of the United States federal government's fiscal year is October, November, and December, Q2 is January, February, and March, Q3 is April, May, and June, and Q4 is July, August, and September. Measured in the typical way the USA tracks its GDP starting in October then the GDP remained unchanged from the 2.9%



Now whose the teacher?





Trump and Barrack both have reached 2.9% when measuring GDP the official way the USA has been doing it since forever starting in October and ending in September.

Yeah. it hasn't changed when we examine it that way.

As you were, Jim.

Did you correct 1bad?

[siablo14]

There are two ways they average GDP, year over which is January through December, (thats the revised part in the article down to 2.5%) and a non standard way that actually the US government officially uses to track its GDP. In other words in US the quarter doesn't begin in January, the first quarter of the United States federal government's fiscal year is October, November, and December, Q2 is January, February, and March, Q3 is April, May, and June, and Q4 is July, August, and September. Measured in the typical way the USA tracks its GDP starting in October then the GDP remained unchanged from the 2.9%



Now whose the teacher?





Trump and Barrack both have reached 2.9% when measuring GDP the official way the USA has been doing it since forever starting in October and ending in September.

Where is the link for that first part?

[siablo14]

There are two ways they average GDP, year over which is January through December, (thats the revised part in the article down to 2.5%) and a non standard way that actually the US government officially uses to track its GDP. In other words in US the quarter doesn't begin in January, the first quarter of the United States federal government's fiscal year is October, November, and December, Q2 is January, February, and March, Q3 is April, May, and June, and Q4 is July, August, and September. Measured in the typical way the USA tracks its GDP starting in October then the GDP remained unchanged from the 2.9%



Now whose the teacher?





Trump and Barrack both have reached 2.9% when measuring GDP the official way the USA has been doing it since forever starting in October and ending in September.

Red - who is

[JimRaynor]

Where is the link for that first part?

https://www.investopedia.com/terms/q/quarter.asp


Scroll down to non standard quarters.