Second-quarter GDP jumps 4.1% for best pace in nearly four years

3.1% ANNUAL GROWTH for the 1st half of 2018....

 

lol, no. The recession was entirely on republicans. They controlled both houses of congress and the white house until 2006. By the time democrats took control of congress, the housing bubble had already exploded.

And republicans killed the only bill to pass a house of congress which would have regulated Fanny and Freddie in an attempt to correct the bubble, back in 2005.

 

Good news for the country = deflection, denial and temper tantrums from Progressives.

 

Yup, Nothing pisses off democrats more than America's success

 

The Obama recovery has been the weakest ever. It …
https://www.bostonglobe.com/opinion/2016/01/06/the-obama-recovery...
In America, the historical pattern has always been that the deeper the recession, the stronger the recovery that follows. After a severe recession like the one Obama inherited, the economy should have come roaring back faster than usual, and …

Seven Years Later, Recovery Remains the Weakest of …
https://blogs.wsj.com/economics/2016/07/29/seven-years-later...
Jul 29, 2016 · Even seven years after the recession ended, the current stretch of economic gains has yielded less growth than much shorter business cycles. In terms of average annual growth, the pace of this expansion has been by far the weakest of any since 1949. (And for which we have quarterly data.) The ...

 

More of the expected BULLSHIT. The phony ass bill did ANYTHING BUT reel in Fannie Freddie. Any attempt to do so was met with cries of "racism" from the Lie-o-crats.

Better READ again...all TRUE:

Total BULLSHIT. The economelt was ENTIRELY due to democrat policies and actions:

Democrat policies...such as the CRA,( enacted by Clinton) allowing investment houses to trade in mortgage securities (Clinton Exec order), allowing Adm. officials to enrich themselves by immediately entering industries they regulated after leaving the administration (Clinton Exec.Order), and Fannie/Freddie PUTTING the TAXPAYERS ON THE HOOK for the LION's SHARE of SUBPRIME LOANS,becasue of the CRA, courtesy of Dodd, Frank,and Armey (all DEMOCRATS), after Democrats took over Congress in 2006.

If you want to start a thread about it, go ahead.

This one is about the 4/1% quarterly growth/ 3.1% ANNUAL growth, so far.


Desperate need to try to HIDE from Democrat responsibility, as well as today's GREAT NEWS, duly noted.

 

Must suck to be them.

Leftism is ENTIRELY DEPENDENT on MISERY.

 

and the greed of the lazy

 

Obama Wins The Gold For Worst Economic Recovery Ever
https://www.forbes.com/sites/louiswoodhill/2012/08/01/obama-wins...
Aug 01, 2012 · During the first full year of Obama’s economic recovery (2010), real produced assets actually fell by 1.41%. This is the biggest drop during the 60 years for which data is available. It is also the only decline …


7 Facts That Show Obama's Economic Recovery Has …
https://www.dailywire.com/news/7970/7-facts-show-obamas-economic...
The Obama recovery has had a record number of quarters where economic growth has been two percent or lower. This economic recovery is setting all the wrong records. Obama is the King of slow growth.


BO the peep says......uh, uh, uhm, uh, well I, uh, uhm, uh.....its the Republicans fault.

 

Just like Obama and every President since Reagan, Trump is borrowing his way to good economic numbers.

Trump is running on $1 trillion dollar deficit spending spree each year. And that’s after inheriting a decent economy to begin with. Looks like he’ll tie Obama for debt growth and he doesn’t even have the excuse of a deep recession to blame.

Color me unimpressed.

 

His onerous regulations were CHOKING the recovery....

 

If you economy is booming, why is no one investing in Canadian stocks? The TSX is only up 1.34% for 2018.

 

This is only true if you totally discount the ideas of economic optimism. There was none under Obama. He did nothing that would give him credit for this.

 

Give it time. The economic growth is INCREASING TAX REVENUES.

Spending cuts ARE COMING.

 

Wrong. Obama's regulations CHOKED OFF the recovery. We see what removing them has done, and is doing.

 

Yeah, that's what happens when leftists think that 2% or less is decent.

 

Thank you for repeating the most utter lie in political history. Made me smile.

 

We've only just begun.

 

If the Neo-Cons remain in control of the R congress i agree with you they have no intention of cutting spending.

 

Clinton's era did it also yet he wasn't a business man.

 

Tell us, so we have it on record:
In what quarter of what year does the Obama stop receiving credit for the economy?

 

Little early to be hanging that “mission accomplished” banner. Obama had economic numbers that equaled this a couple of quarters as well.

 

Crumbs I tell ya.....just crumbs.

 

Recession in 2020? Here's why economists think it may happen

And the economy is projected to grow nearly 3% in 2018 for ... leading many economists to forecast a recession as ... Oil price spikes have ...

https://www.usatoday.com/story/mone...es-why-economists-think-may-happen/686177002/

 

One thing should be remembered accurately and clearly --

For better and worse, what 'recovery' there was during the Idiot Bush/Idiot Obama years was due to the actions of one (ONE) organization -- the Federal Reserve System.

Bush was nothing but 'a deer in the headlights', who was told everything to do by his Fed Insider, Henry Paulson. Obama was nothing but an obedient 'house pet' for the Fed, and was told everything to do by his Fed Insider, Timothy Geithner (and others). Mostly, Obama was just told to go off an be a politically-correct manager for the government's Welfare Circus.

In short, the Fed began running the entire economy (the REAL economy) back in about August 2007. By artificially crushing interest rates (even though demand for real money was high), and through their "Quantitative Easings", and "Operation Twist", the Fed pulled the economy up using a kind of big "fraud-balloon"... and so now we're floating along higher than ever. But, even though it wouldn't have been how I would have done things, the economy today is not just 'floating' -- it is SOARING... whether Democrats like it or not.