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Trump's Trade Ignorance Gives PatNet Deplorables 30 Minute Debate Erection
2016 Sep 27, 8:44pm 6,815 views 25 comments
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24
MrMagic
@
2018 Aug 3, 4:02pm
MrMagic
@
2018 Aug 3, 4:02pm
Rew says
Atlanta Fed raises U.S. third-quarter GDP growth view to 5 percent
NEW YORK (Reuters) - The U.S. economy is growing at a 5.0 percent annualized rate in the third quarter following the latest data on construction spending and manufacturing activity, the Atlanta Federal Reserve’s GDPNow forecast model showed on Wednesday.
That was faster than the 4.7 percent pace calculated by the regional Fed’s forecast program on Tuesday.
https://www.reuters.com/article/us-usa-economy-atlantafed/atlanta-fed-raises-us-third-quarter-gdp-growth-view-to-5-percent-idUSKBN1KM5NY
giant corprate tax cut + trade wars making business stock up ahead of tariffs = 4%
Sustain it. A single quarter is a fart, not a trend.
Atlanta Fed raises U.S. third-quarter GDP growth view to 5 percent
NEW YORK (Reuters) - The U.S. economy is growing at a 5.0 percent annualized rate in the third quarter following the latest data on construction spending and manufacturing activity, the Atlanta Federal Reserve’s GDPNow forecast model showed on Wednesday.
That was faster than the 4.7 percent pace calculated by the regional Fed’s forecast program on Tuesday.
https://www.reuters.com/article/us-usa-economy-atlantafed/atlanta-fed-raises-us-third-quarter-gdp-growth-view-to-5-percent-idUSKBN1KM5NY
25
Shaman
@
2018 Aug 3, 4:05pm
Shaman
@
2018 Aug 3, 4:05pm
Rew says
You’re right, and Obama’s Presidency contained three such farts, but his average GDP was 1.5
So far Trump’s average is 2.6 and the economy appears to be accelerating!
giant corprate tax cut + trade wars making business stock up ahead of tariffs = 4%
Sustain it. A single quarter is a fart, not a trend.
You’re right, and Obama’s Presidency contained three such farts, but his average GDP was 1.5
So far Trump’s average is 2.6 and the economy appears to be accelerating!
« First « Previous Comments 24 - 25 of 25 Search these comments
Not only did the #OrangeDouchebag think Clinton has been president for 30 years and could impose "policy" at will (in case you're an ignorant deplorable, guess what: she hasn't), he also thought he held up kinda, sorta OK at first even though, sorry, the ferret-wearing shitgibbon was just as full of shit as he always is.
http://www.msn.com/en-us/news/opinion/the-press-thought-trump%e2%80%99s-first-30-minutes-were-his-best-they-were-his-worst/ar-BBwI0ux?li=BBnb7Kz
Leave aside, for just a moment, that the #OrangeDouchebag thinks the Clintons on their own brewed up NAFTA like their own personal cup of Earl Grey and forced it down his party's throat. After quoting the #Douchebag verbatim Klein takes the viagra away from our dear deplorables:
"It's a simple fact that none of this is true. Jobs aren't fleeing the United States. August marked the 78th straight month in which the US economy added jobs - we're in the single longest streak of private-sector job growth in American history. China isn't devaluing their currency - in fact, they're propping it up to stop investors from fleeing the country. The biggest plant in the world is being built by Tesla in Fremont, California, and the existing biggest plant in the world is a Boeing factory in Washington.
And these are just the narrow facts that Trump got wrong. He also seems confused about the basic structure of the US economy, and that's led him to focus on the wrong issues entirely. "You would never know from Trump's discourse that the vast majority of Americans work in jobs related to domestic service provision,†wrote Vox's Matthew Yglesias, "they work in hospitals and restaurants and schools and stores working with nearby customers, not internationally traded manufacturing.â€
If you believe the American economy is broken, you're simply not going to fix it with trade deals. Trump's promise to bring the jobs "back†is all the more hollow because he doesn't seem to know where they are."
#IgnorantDouchebag #LyingDouchebag #OrangeDouchebag #DeplorableDouchebag