He never made either statement you credulous fool.
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Posted On: 10/29/2018 10:18:19 PM
He never made either statement you credulous fool.
Like Trump you NEED to make shit up.
Aren't there other sites where credulous righties can blow smoke up each other's ass?
Like Trump you NEED to make shit up.
Aren't there other sites where credulous righties can blow smoke up each other's ass?
Quote:
But here are a few other GDP numbers worth remembering: 4.6%, 4.9% and 5.1%. Those were the growth rates notched during President Obama’s tenure (in late 2011, the third quarter of 2014 and the second quarter of 2014, respectively). And no one’s celebrating how great the economy was in the Obama years.
Growth needs to be sustainable. The pattern in the Obama years was one or two solid quarters followed by one or two disappointing ones, at least in part because Congress couldn’t agree on fiscal policies that would have spurred growth.
Trump faces a different set of headwinds. The tax cuts opened the throttle so wide on the U.S. economy, the Federal Reserve may raise short-term interest rates faster and higher just to keep inflation in check. And the burgeoning trade war is raising costs for businesses and consumers, while also making it harder for U.S. exporters to compete overseas. That’s a problem of Trump’s own making.
The data for this quarter are encouraging. But hold the champagne until we find out what the next few quarters look like.
http://www.latimes.com/opinion/la-ol-enter-th...story.html
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