So GDP growth for 2018 was 2.9%

[siablo14]

Obama only had one year of 2.9 during his 8 years in office.

Dis yar no a good a Obama bes yar...

Nah. That's not the crux of the thread. it's not an Obama versus Trump thread. 2.9% is a good rate. We just expected last year to pass the 3% and it didn't. So i am shocked.

[siablo14]

They have, it's called GPI.

They have it by the years and decade?

[siablo14]

gotcha, so you one of those who blame everyone but yourself cause your poor lmfao.

Out of your league again.
There are certain policies and certain retraction of policies that have cause wage growth to creep.

[siablo14]

\

Wage growth is the best it's been in over 10 years. Some of the problem laid with the uncertainty of trade with China which really hampered Q4 growth as well as the Fed hiking rates numerous times, which they didn't do once in 8 years prior.. Once a new deal is reached with China I'd expect growth to resume to 3%+. I think things are only beginning to heat up as the country becomes used to Trump, and many of the policies begin to take effect.

Red - Yeah but 2008 was the peak of the recession so that's a very low bar to compare it to.

[siablo14]

Most D superfans are that way.

Part of it is their belief in "zero sum Economics". People who believe that foolishness dont grasp that an economy actually grows and creates wealth, but instead stick to the flawed belief that wealth is never created, so if one person makes more money that means someone else lost money.

They don't understand the concept of 'a rising tide lifts all boats' that JFK famously spoke of.

As a result, much of their anger and frustration is misdirected due to their own ignorance.

When you show up on a raft made of sticks and car tires tied together, the last thing you want to think about is a rising tide

The only boats that have been seriously lifted from those tax cuts are stocks.

[Vlad_]

Fed also increased interest rates by over 2% in 2 years... would have been a 4-5% GDP growth had the fed rate remained at its rock bottom 0.25% rate like it did under Obama’s 8 year term.

[siablo14]

Fed also increased interest rates by over 2% in 2 years... would have been a 4-5% GDP growth had the fed rate remained at its rock bottom 0.25% rate like it did under Obama’s 8 year term.

That's not how it works.

That's not how any of this works.

[siablo14]

Wage growth is the best it's been in over 10 years. Some of the problem laid with the uncertainty of trade with China which really hampered Q4 growth as well as the Fed hiking rates numerous times, which they didn't do once in 8 years prior.. Once a new deal is reached with China I'd expect growth to resume to 3%+. I think things are only beginning to heat up as the country becomes used to Trump, and many of the policies begin to take effect.

Get some balls, you dodging a$$ b**tch.

[Vlad_]

That's not how it works.

That's not how any of this works.

What? The raising interest rates slow down economic growth to keep inflation in check, but that is of course reflected in the GDP growth as well.

[siablo14]

What? The raising interest rates slow down economic growth to keep inflation in check, but that is of course reflected in the GDP growth as well.

Right so what you wanted the Fed to do they wouldn't do with such strong job numbers and the economy being at or close to full employment.

if you know how it works, don't spew gibberish in here.