Even CNBC says you're wrong. GDP growth is still expected to be 2.1% for the year, while the unemployment rate is now expected to hold at a 50-year low of 3.6
I'll give you your 0.2% if it makes you happy. Now explain to me why we have such low growth considering the unemployment rate and, above all, why the FED plans to lower interest rates by September.
dont forget about obamas ACORN which extorted the banks into loaning money to people who couldnt pay it back.
Wild guess? Because a large segment of the population are retiring or retired. We're not really spending money. We either have limited resources or don't really want anything. I've only been retired for three weeks, but I haven't spent any money on any thing. I've only bought food and paid for utilities. I have no plans to buy any thing, unless something breaks.
Slow? You must be confusing this year with the Obama years: https://tradingeconomics.com/united-states/gdp-growth
No, I don't When you are able to explain to me what I asked you, we can continue this exciting discussion.
I hope not, but I can't say I'm optimistic with all of the ignorant, unconstitutional tariffs being flung around. We have over 1,000 economists, including over a dozen Nobel laureates, warning us about how tariffs sunk us even deeper into the Great Depression and that we should back off of them now. I, for one, and paying attention.
It has been on about the same trend through Obama and Trump. Along with all other economic indicators.
When they do, that’s true. Hence why it was so drastically low during the obama years and been on the rise under trump
Trump offers up Plenty for Americans to blame him for ! There is a Very Large Trump Blame List almost as long as his list of Lies ..............
It, in fact, is. Try looking at the trend of any economic indicator you like over the past 10 years. Graph it. Look at the trend line. The only people crediting Trump are those who can't read a graph or refuse to consult one.
Yeah, but I meant something REAL to blame him for... like a recession. What youre calling blame is actually nothing but whines. Remember how disappointed lefties were when Trump's strong words to NK resulted in a face to face meeting? Something no president before him had accomplished? Libs were crushed then too. Keep your chin up, maybe we'll suffer a natural disaster y'all can pin on Trump.
Recessions are normal in the business cycle. This is how capitalism works ... it’s 5 steps forward (growth) and then 2 steps back (recession). This is how socialism works ... it’s 2 steps forward (growth) and 1 step back (recession). Leftists will argue socialism is superior because the recessions are usually more mild under their system. What they ignore is growth is much better under a more capitalist economy, and long-term performance is always better under capitalism.
Not after Trump bragged about being able to deliver a 5% growth rate.... But I understand your disappointment with his "achievements". Many are also frustrated.
