Full-year 2019 posts slowest growth in three years at 2.3%

[SunTrader]

Yes, Trump wins reelection in a landslide.

The Russians are good. Not that good.

 

[maximumpossiblesuffering]

The Russians are good. Not that good.

I want a refund, damn it!

 

[piezoe]

Love that title: “How Trump manipulates the Media”. One man versus tens of thousands who are on TV, social media, newspapers, magazines, etc. for 24/7/365 and that one man, Trump, manipulates them?

Yes, Trump wins reelection in a landslide.

I'd just like to know if you listened to the whole thing. Your response is fine, but I need to know if that was your response before or after you had listened to the entire video, or something in between. Can you help me with that? If you can , thanks.

 

[SunTrader]

I want a refund, damn it!

Gotta have a law firm (though scratch Mikey Cohen from your rolladex) for that.

 

[DallasCowboysFan]

He peaked in 2015 at around 2.6%. Hard to blame the man who pulled the world out of potential economic disaster. Not much you can do when so many people are still financially traumatized.

Obama did nothing to aid the recovery that was not appropriate for his position as president.
Don't forget, he did nothing to prevent it while he was a Senator from Illinois.
But he did increase the national debt from 9TN to 19 TN.

 

[DallasCowboysFan]

The US has the best economy in the world right now. If we are at 2.3%, we are doing fine. Other countries in the European Union, China and Latin America would trade places with the US in a heartbeat. With trade deals signed with Canada and Mexico, partial trade deals with Japan and China, the US economy will continue to boom. You foreign trolls can chew your gums because even foreigners in Europe say privately, that they wished that President Donald Trump was their President. So, keep spreading your lies and propaganda. It does not matter because it does not change the truth. You can have 1,000 lies and all it is are lies. US is fine and will do even better once, we re-elect our great President Donald Trump on November 3, 2020.

+1

The 2.3% growth is significant, considering that our GDP is 21.5TN.
That 2.3% growth is equal to the entire GDP of some nations.
We are doing just fine.

 

[Cuddles]

We are doing just fine.

Famous last words

 

[Nine_Ender]

Obama did nothing to aid the recovery that was not appropriate for his position as president.
Don't forget, he did nothing to prevent it while he was a Senator from Illinois.
But he did increase the national debt from 9TN to 19 TN.

Perspective is important. Most economists agree that the increase in national debt after 2008/2009 was required, they may quibble about how much ( perhaps the brakes could have put on sooner ), but there was no economic depression or prolonged recession that some saw as inevitable in 2009. And perhaps some of the positives in late Obama years and early Trump years required that continued boost. They also generally agree that increasing the national debt significantly now is totally unnecessary. For example, Canada, a similar country to compare to, is running small deficits ( to GDP ) despite increasing infrastructure expenses in recent years.

None of us are insiders who understand the true scope of these issues. However, I would note that Canada had a similar issue a few decades ago, with almost identical Debt to GDP measures as the US has now, and we raised personal tax rates significantly. Interest rates were a lot higher, which made the problem perhaps worse, but the US also has huge underfunded social systems in play. In some ways, higher medical premiums are a kind of indirect tax they have snuck into the system without calling it a tax.

 

[gaussian]

But he did increase the national debt from 9TN to 19 TN.

That's what, 5 trillion an election cycle coming out of a literal economic disaster? Despite the "best economy ever" Trump has added 3 trillion in his first term - right on pace. Why did you think this metric, of all metrics, was the one you'd use?