Why is economy growing at 0.7% annualized in the Q1 under Trump?
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Why is economy growing at 0.7% annualized in the Q1 under Trump?

By anotheraccount following x   2017 Apr 28, 5:36am 2,111 views   33 comments   watch   sfw   quote     share    


I though the animal spirits would make it grow faster.

1   Booger   ignore (0)   2017 Apr 28, 5:41am   ↑ like (3)   ↓ dislike (2)     quote      

Because none of Trumps policies have been enacted.

2   anotheraccount   ignore (1)   2017 Apr 28, 5:47am   ↑ like (1)   ↓ dislike (0)     quote      

Booger says

Because none of Trumps policies have been enacted.

If you talk to Strategist, he will tell you that the economy is already growing at 4%.

3   FNWGMOBDVZXDNW   ignore (2)   2017 Apr 28, 6:51am   ↑ like (3)   ↓ dislike (0)     quote      

Strategist is the optimist's optimist. He's who Tony Robbins goes to when he's feeling down.

4   Strategist   ignore (1)   2017 Apr 28, 7:58am   ↑ like (0)   ↓ dislike (0)     quote      

tr6 says

Booger says

Because none of Trumps policies have been enacted.

If you talk to Strategist, he will tell you that the economy is already growing at 4%.

It's starting to. Just wait and see.

5   Tenpoundbass   ignore (6)   2017 Apr 28, 8:13am   ↑ like (0)   ↓ dislike (1)     quote      

I heard the Liberals bitching on NPR this morning about how Trump is using his family and people he's always leaned on to run "Successful" businesses.

Then I realized these people are already at the end of their career and don't know it yet.

6   anotheraccount   ignore (1)   2017 Apr 28, 8:27am   ↑ like (1)   ↓ dislike (0)     quote      

Ironman says

Plus, Trump has only been president for 2/3 of the first quarter, but don't let facts get in the way of a good delusional (baseless) rant.

Not a rant, just pointing out that it will be difficult to grow the economy 4% real terms when most industries can't grow like that. Apple, Google, Facebook, Amazon can grow; they also don't need many people. If the economy grows at 4% in real terms, 10 years will be at 4% which would slow down housing, auto, and anything else that depends on low interest rates.

7   anotheraccount   ignore (1)   2017 Apr 28, 10:53am   ↑ like (0)   ↓ dislike (0)     quote      

Ironman says

Obama made sure of that. He was the first president to NOT have an annual 3% GDP in 8 years.

You don't think that housing bubble that developed fully under Bush might have had something to do with that. Remember you just said that Trump does not own economy yet. Well Obama then does not own the first couple of trillion of debt that were used to bail out banks.

8   Rew   ignore (0)   2017 Apr 28, 11:12am   ↑ like (0)   ↓ dislike (0)     quote      

Booger says

Because none of Trumps policies have been enacted.

Trump's policies are going to help keep winters cooler to increase energy demand? Fascinating.

9   TwoScoopsPlissken   ignore (0)   2017 Apr 28, 11:12am   ↑ like (0)   ↓ dislike (0)     quote      

That was 8 years ago.

Today, the too bigs to fail are bigger than they were. The power of the baloney Dodd-Frank Reform!

10   anotheraccount   ignore (1)   2017 Apr 28, 11:21am   ↑ like (1)   ↓ dislike (0)     quote      

Lashkar_i_Trumpi says

Today, the too bigs to fail are bigger than they were. The power of the baloney Dodd-Frank Reform!

Sure but how is putting Cohn and Mnuchin in charge going to change that again? I just don't see why you are so optimistic.

11   Rew   ignore (0)   2017 Apr 28, 11:39am   ↑ like (0)   ↓ dislike (0)     quote      

Lashkar_i_Trumpi says

Today, the too bigs to fail are bigger than they were. The power of the baloney Dodd-Frank Reform!

Trump's tax bullet points are an answer? Deregulation is an answer?

12   Tenpoundbass   ignore (6)   2017 Apr 28, 11:44am   ↑ like (0)   ↓ dislike (2)     quote      

Because the the economic indicators under the last two administrations have been upended.
New economic models are coming on line now. I predicted this.The economy isn't measured by the burger anymore.

13   Rew   ignore (0)   2017 Apr 28, 11:45am   ↑ like (0)   ↓ dislike (0)     quote      

Tenpoundbass says

New economic models are coming on line now. I predicted this.The economy isn't measured by the burger anymore.

A) meaningless babble
B) you perceive a huge degree of change being implemented by an administration that cannot govern

14   iwog   ignore (3)   2017 Apr 28, 1:24pm   ↑ like (0)   ↓ dislike (1)     quote      

Tenpoundbass says

Because the the economic indicators under the last two administrations have been upended.

New economic models are coming on line now. I predicted this.The economy isn't measured by the burger anymore.

Right. Why don't you detail those new economic models and the changes that were made.

15   errc   ignore (2)   2017 Apr 28, 2:26pm   ↑ like (1)   ↓ dislike (1)     quote      

So Trump is responsible for the rise in the stock market since one week into November '16, but the economy, well we can't really say it's Trumps' Economy yet here six months later. Because that would be mean! There's already enough big meanies in the media picking on Trump, don't pile on. That's not fair!!

16   Sambuca   ignore (0)   2017 Apr 28, 4:50pm   ↑ like (2)   ↓ dislike (0)     quote      

Booger says

Because none of Trumps policies have been enacted.

He has a Republican majority in the both the House and the Senate, yet he can't get any of his policies enacted?

This speaks loudly with regard to his leadership and deal making skills. Feeling swindled yet?

17   HEY YOU   ignore (7)   2017 Apr 28, 8:17pm   ↑ like (0)   ↓ dislike (0)     quote      

Making America Great,RIGHT NOW!

18   iwog   ignore (3)   2017 Apr 28, 9:45pm   ↑ like (0)   ↓ dislike (1)     quote      

Sambuca says

He has a Republican majority in the both the House and the Senate, yet he can't get any of his policies enacted?

This speaks loudly with regard to his leadership and deal making skills. Feeling swindled yet?

Hush. Don't you know that Donald Trump is the great deal maker? He said so!

19   Gary Anderson   ignore (0)   2017 Apr 29, 8:49am   ↑ like (0)   ↓ dislike (0)     quote      

Ironman says

Obama made sure of that. He was the first president to NOT have an annual 3% GDP in 8 years.

Its the Fed, not Obama. When will you political types ever wake up. Actually, it is also structured finance, as bond demand is through the roof. It is the new gold.

20   Strategist   ignore (1)   2017 Apr 29, 9:12am   ↑ like (0)   ↓ dislike (0)     quote      

Gary Anderson says

Ironman says

Obama made sure of that. He was the first president to NOT have an annual 3% GDP in 8 years.

Its the Fed, not Obama. When will you political types ever wake up. Actually, it is also structured finance, as bond demand is through the roof. It is the new gold.

It's always someone else's fault isn't it?
Bad economic policies, lack of confidence, high taxes had nothing to do with a low GDP.

21   anotheraccount   ignore (1)   2017 Apr 29, 11:26am   ↑ like (0)   ↓ dislike (0)     quote      

Strategist says

high taxes had nothing to do with a low GDP

Taxes during Obama's terms were lower than in the 90s or 80s, or 70s or 60s, etc.Strategist says

Bad economic policies

Agree we should not have bailed out the banks, so you would still be upside down on your houses.

22   Tim Aurora   ignore (0)   2017 Apr 29, 5:30pm   ↑ like (0)   ↓ dislike (0)     quote      

Ironman says

That's the biggest reason, we're still being fucked by Obama policies.

So Obama's policies were working fine till Obama was president. Now Trump is president they are growing slower and Obama gets the blame. Of course we are in the alternate logic world

23   iwog   ignore (3)   2017 Apr 29, 5:55pm   ↑ like (0)   ↓ dislike (1)     quote      

Keep in mind CIC has repeatedly given Trump credit for the stock market.

This is that quantum reality I wrote about in an earlier essay. The economy is simultaneously Obama's fault and Donald Trump's success. We don't know which until the system is observed, at which point reality becomes fixed at one of the two options.

There are really no terms in which to describe the times we live in other than a total meltdown of the age of reason. There's nothing but blackness going forward and those carrying the black flags are all Trump voters.

24   bob2356   ignore (1)   2017 Apr 29, 6:10pm   ↑ like (0)   ↓ dislike (0)     quote      

Ironman says

Just following the trend line Obama set:

-

Obama became president Jan 2014? Damn I thought he was president longer than that. You learn something new on patnet every day. Ironman is an bottomless well of little know facts.

25   Strategist   ignore (1)   2017 Apr 29, 7:16pm   ↑ like (1)   ↓ dislike (0)     quote      

iwog says

Keep in mind CIC has repeatedly given Trump credit for the stock market.

In less than a day after Trump was elected, the stock market started taking off and continued to take off.
The credit clearly goes to Trump.

26   Strategist   ignore (1)   2017 Apr 29, 7:18pm   ↑ like (0)   ↓ dislike (0)     quote      

bob2356 says

Obama became president Jan 2014? Damn I thought he was president longer than that. You learn something new on patnet every day. Ironman is an bottomless well of little know facts.

Obama gets full credit for preventing a depression, but no credit for a full recovery.
Only an independent like me can be without bias. :)

27   Strategist   ignore (1)   2017 Apr 29, 7:26pm   ↑ like (0)   ↓ dislike (0)     quote      

Ironman says

Thanks for posting.
I did not realize Obama was worse than Jimmy Carter as far as GDP goes.
And to think I supported Obama when he ran for his second term. I apologize to all of America.

28   iwog   ignore (3)   2017 Apr 29, 8:05pm   ↑ like (0)   ↓ dislike (1)     quote      

Strategist says

I did not realize Obama was worse than Jimmy Carter as far as GDP goes.

He's not. He's actually the most outstanding when it comes to GDP growth because he did it with negative real expansion of government spending. He was the only president since Eisenhower to pull it off.

This is reality but you're not going to even check.

29   Strategist   ignore (1)   2017 Apr 29, 8:14pm   ↑ like (0)   ↓ dislike (0)     quote      

iwog says

Strategist says

I did not realize Obama was worse than Jimmy Carter as far as GDP goes.

He's not. He's actually the most outstanding when it comes to GDP growth because he did it with negative real expansion of government spending. He was the only president since Eisenhower to pull it off.

This is reality but you're not going to even check.

OK, it makes sense. I do feel McCain who was running against Obama in 2008 would also have prevented a depression, and would have engineered a full recovery. Obama's socialistic values is what prevented any confidence emerging from the economy.

30   bob2356   ignore (1)   2017 Apr 29, 8:15pm   ↑ like (0)   ↓ dislike (0)     quote      

Ironman says

He was.... how come you ignored this chart in the thread:

Because that chart has all the information on it vs your silly 2 year chart.

31   iwog   ignore (3)   2017 Apr 29, 8:18pm   ↑ like (0)   ↓ dislike (1)     quote      

Strategist says

OK, it makes sense. I do feel McCain who was running against Obama in 2008 would also have prevented a depression, and would have engineered a full recovery. Obama's socialistic values is what prevented any confidence emerging from the economy.

Name a single socialistic program by Obama other than the conservative Heritage Foundation Obamacare plan?

32   Strategist   ignore (1)   2017 Apr 29, 8:22pm   ↑ like (0)   ↓ dislike (0)     quote      

iwog says

Strategist says

OK, it makes sense. I do feel McCain who was running against Obama in 2008 would also have prevented a depression, and would have engineered a full recovery. Obama's socialistic values is what prevented any confidence emerging from the economy.

Name a single socialistic program by Obama other than the conservative Heritage Foundation Obamacare plan?

He screwed the GM bond holders when he was first elected.
His plans to raise taxes.
By the way, I support a health plan for all. I also support free education for all.

33   bob2356   ignore (1)   2017 Apr 29, 9:39pm   ↑ like (0)   ↓ dislike (0)     quote      

Ironman says

bob2356 says

Because that chart has all the information on it vs your silly 2 year chart.

Hey Bobby boy, why don't you scroll up and read why that 2 year chart was posted.. you know, try some reading comprehension...

I know why the 2 year chart was posted, because the entire 8 years would just make your comment just look stupid. As usual.


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