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

The quarter I identified in my post, which you obviously didn't bother to read.

You mean Sean and Rush never told you about that?

Righties b like I don't know nothin' unless Sean tells me.

 

In terms of GDP growth obama could not count past 2

 

HAHAHAHAHA!!!

 

Or the US energy sector growth, directly associate with the repeal of Obama regs. Federally (Obama) subsidized energy projects haven't performed very well in contrast to US oil, gas, and coal. Elon Musk shut down a dozen of his subsidized solar facilities, and Tesla's a wreck.

 

Did you even read the OP??

This isn't ANNUAL, this is QTR GDP.

Trump hit over 4% QTR GDP one time and you call it historic??

LMAO!

 

No surprises here .

 

Completely false RW propaganda on display once again.

 

Something stupid like setting a pro-government agenda, raising taxes, increasing regulations and passing ObamaCare?

Your question is a "trick" question because it's built on a phony premise.

Obviously, presidents have a lot more impact on the economy than you're willing to acknowledge. They can do exceedingly stupid things like Obama did and stifle economic growth or they can do intelligent, pro-growth things like Trump did - setting a pro-business agenda, lowering taxes, reducing regulations and rolling back ObamaCare - and produce economic growth.

It's no mystery why Obama presided over an economy that averaged only 1.48% GDP growth a year during his term (the fourth worst of any president in history), never topped 3% for an entire year and was stumbling at 1.49% during his last year in office (2016). It will be no mystery why Trump's numbers will be better when he leaves office, too.

Policy counts.

 

Trump craps gold bricks and throws them to his supporters like rolls of paper towels...don't you know that?

 

Righties b like, Sean never told me that it was just for one quarter.

 

The point I was making is that you're talking $180-$190 billion dollars for 1% GDP.

They were going "BUT MUH SOYBEANZ BEFORE TEH TARIFFS!".

Our total annual exports of soybeans world-wide is like $20-25 billion, which even if they were buying soybeans like madmen for 3 months, would impact GDP growth very little. China buys about $10-$15 billion yearly.

It's just math.

 

You know, I haven't actually looked at a full list and this is an interesting question. Gonna do some research to find out this exact question.

But from both sides of the media, I just assumed it was true .... wow, I can't believe I just said that ....

But the Left media has been swearing that the regulation cutting will kill the US.

And the Right media has been swearing that the regulation will benefit the US.

Seems the only thing they agree on, is that regulations have in fact been cut.

 

It is astonishing that these people are allowed to vote. LMAO

 

Always a good idea.

But for now, compared to the doom and gloom about the US economy "surely heading into a recession", this is in fact a pretty big blip of good news.

 

Hard to tell. They keep reminding us how in what good shape the economy was in when Trump took over. Let's take a look...
The last QTR over over 4% GDP growth was 3rd QTR 2014. Since then

QTR 4 2014 2.0%
QTR 1 2015 3.2%
QTR 2 2015 2.7%
QTR 3 2015 1.6%
QTR 4 2015 0.5%
QTR 1 2016 0.6%
QTR 2 2016 2.2%
QTR 3 2016 2.8%
QTR 4 2016 1.8%
QTR 1 2017 1.2%

As you can plainly see, Trump inherited a booming economy.

 

As folks said, Q2 and Q3 of 2014: https://www.bea.gov/newsreleases/national/gdp/2014/gdp3q14_3rd.htm

 

Who had taken the Congress back from Democrat policies and actually started passing budgets and stopping those Democrat policies. Just amazing have you posted your "Thank you Obama" line yet?

 

Non sequitur.

 

Growth generated artificially by trillion$ in Obama stimulus? That's a fair comparison?

 

you

hey kids what time is it? Its time to play lets do real math.
Please list all of obamas gdp by quarter.

 

Historic!! LMAO!!!!

Clean your knees please. LOL

 

That is not accurate. There were three down quarters. It is true that GDP grew every year post recession.

2009Q2 -0.58%
2009Q3 1.46%
2009Q4 4.40%
2010Q1 1.54%
2010Q2 3.69%
2010Q3 2.95%
2010Q4 2.01%
2011Q1 -0.96%
2011Q2 2.86%
2011Q3 -0.11%
2011Q4 4.64%
2012Q1 3.13%
2012Q2 1.72%
2012Q3 0.54%
2012Q4 0.45%
2013Q1 3.54%
2013Q2 0.49%
2013Q3 3.13%
2013Q4 3.19%
2014Q1 -1.01%
2014Q2 5.02%
2014Q3 4.84%
2014Q4 1.89%
2015Q1 3.29%
2015Q2 3.30%
2015Q3 0.96%
2015Q4 0.40%
2016Q1 1.54%
2016Q2 2.26%
2016Q3 1.91%
2016Q4 1.75%
2017Q1 1.77%
2017Q2 2.96%
2017Q3 2.79%
2017Q4 2.27%
2018Q1 2.20%
2018Q2 4.00%

Source data: BEA.gov

 

Are these the same economists who said Trump could never get the GDP over 3%? And it's still a guess. Here is what they think may happen

 

Do you own homework.

Righties b like I can't be expected to learn sumpin' on my own.

 

Truth!!!!