(Total Views: 66)
Posted On: 08/30/2017 1:00:30 PM
Post# of 65629
You're either economically illiterate, willfully ignorant or blindly hyper-partisan. Most likely all three.
One quarter of GDP, revised upward or not, is not a year's worth of GDP. And you are simply factually inaccurate with this statement:
You're also a fool to ignore the economic recovery from the deepest recession since the Great Depression, the aging of the population structural changes in the economy, and the momentum in job growth and the stock market that Trump inherited.
None of that serves your version of 'fairy dust economics', but there it is.
One quarter of GDP, revised upward or not, is not a year's worth of GDP. And you are simply factually inaccurate with this statement:
Quote:
Obama couldn't do it in 8 years
Quote:
But if the data is used to compare one quarter to the same quarter from a year ago, there were two periods during Obama’s tenure in which growth exceeded 3 percent. Between the third quarters of 2009 and 2010, GDP growth was about 3.1 percent; and between the first quarters of 2014 and 2015, the economy grew by 3.3 percent, according to the Bureau of Economic Analysis.
You're also a fool to ignore the economic recovery from the deepest recession since the Great Depression, the aging of the population structural changes in the economy, and the momentum in job growth and the stock market that Trump inherited.
None of that serves your version of 'fairy dust economics', but there it is.
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