GDP is measured Q1, Q2, Q3, and Q4 for the calendar year, not the federal budget year, oh ignorant one.Stunning economic ignorance, fiscal year of the U.S. runs from October to September, fiscal year 2017 included the 1.2% first qtr 2017. Again profits are up, dividends are up, personal income is up, take home pay is up, federal, state and local tax revenue is up. keep whining and complaining which you always do about the federal bureaucrats not getting as much money as you want them to have
One is as bad as the other. Yes?
Oh, by the way what happened to 2016? Hmmmm,
What you want to ignore
Fiscal year 2017
First qtr 2.3
Second qtr 2.2
third qtr 4.2
Fourth qtr. 3.4
Total 12.1 Average over 3%
Calendar year
2.2+4.2+3.4=9.4 so fourth qtr growth of 2.2%= over 3 % growth for both the fiscal and calendar year. Again you cannot seem to admit when wrong
Here is what matters,
4.7 million NEW jobs created, 3% Annual GDP growth, 7.4% U-6, historic low African/Hispanic American unemployment, record revenue growth for the state and local govt.
One is as bad as the other. Yes?
Pretty horrible that people have to actually explain this to you.
Just try to copy and paste the numbers correctly you show what we already know, you have NO idea what you are talking about. Let the Bureau if Economic Analysis school you:
1st quarter 2018, was 2.2, not 2.3
2nd quarter 2018, was 4.2 not 2.2
3rd quarter 2018, was 3.4 not 4.2
Moreover, 3% isn't some magic benchmark. If 2018 is over 3% (2015 was 2.9%) it's because of the 2nd quarter outlier of 4.2% -- all other quarters are similar to the last few years. Worse, GDP estimates are falling. The 4th Qtr estimate is 2.7%. The estimate for 2019 is 2.2%.
The economy has been on this trend since Obama's term in office. In fact, Obama held the lowest African American unemployment numbers until Trump took office. Interestingly, though, Obama's final six months were better economically than Trump's first six months.
Furthermore, none of the numbers prove Trump's economic policy helped our economy. There is a strong argument that while the tax cuts give a temporary adrenaline shot, they are costly in the long run. Some will point to this month's stock market numbers as evidence the tax cut influence is already waning.
GDP is measured Q1, Q2, Q3, and Q4 for the calendar year, not the federal budget year, oh ignorant one.
3% is the ribbon that must be raced through? Obama's 2.9% you called anemic but 3% will be magical, because your ideological icon presided over it. Got it.As explained in this case it doesn't matter, Trump needs a 2.2% GDP growth in the fourth qtr. OF CALENDAR YEAR 2018 for 3% GDP growth. Truly is a shame how partisan and poorly informed you are
3% is the ribbon that must be raced through? Obama's 2.9% you called anemic but 3% will be magical, because your ideological icon presided over it. Got it.
The fact is that as the economic sugar wears off, GDP is set to decline. According to The Balance's GDP forecasts, 2018, 2019 and 2020 will be 3.1, 2.5, and 2.0%, respectively. Sorry, that will not hardly be remarkable performance. Oh, in case you are to blame Democrats for that, those estimates were long before the midterms.
Table 1.1.1. Percent Change From Preceding Period in Real Gross Domestic Product
[Percent]
Bureau of Economic Analysis
Last Revised on: July 27, 2018 - Next Release Date August 29, 2018
Line 2008 2009 2010 2011 2012 2013 2014 2015 2016
Line
1 Gross domestic product -0.1 -2.5 2.6 1.6 2.2 1.8 2.5 2.9 1.6
Table 1.1.1. Percent Change From Preceding Period in Real Gross Domestic Product
[Percent]
Bureau of Economic Analysis
Last Revised on: July 27, 2018 - Next Release Date August 29, 2018
Line 1980 1981 1982 1983 1984 1985 1986 1987 1988
Line
1 Gross domestic product -0.3 2.5 -1.8 4.6 7.2 4.2 3.5 3.5 4.2
3% is the ribbon that must be raced through? Obama's 2.9% you called anemic but 3% will be magical, because your ideological icon presided over it. Got it.
The fact is that as the economic sugar wears off, GDP is set to decline. According to The Balance's GDP forecasts, 2018, 2019 and 2020 will be 3.1, 2.5, and 2.0%, respectively. Sorry, that will not hardly be remarkable performance. Oh, in case you are to blame Democrats for that, those estimates were long before the midterms.
3% is the ribbon that must be raced through? Obama's 2.9% you called anemic but 3% will be magical, because your ideological icon presided over it. Got it.
The fact is that as the economic sugar wears off, GDP is set to decline. According to The Balance's GDP forecasts, 2018, 2019 and 2020 will be 3.1, 2.5, and 2.0%, respectively. Sorry, that will not hardly be remarkable performance. Oh, in case you are to blame Democrats for that, those estimates were long before the midterms.
another day, another alt left radical clinging to any hope.
when this is over and trump is still your president...are you gonna keep up the whining and temper tantrums?
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