Economy BOOOOM! *** 4.1% GDP!!! *** US Economy Explodes

[ObamaPhoneLady]

how do the trumpians always interpret things in this way?

who is pissed about an improving economy? who is mad about the possibility of NK claiming that theyre going to denuclearize? nobody.

people DO question whether its as good as it seems, or if trump should be blown for it or not. that does not mean anyone is pissed about it happening.

i think like so many other groups, deep down, the trumpians too, want to be victimized.

By 'blown' you mean complimented right?

 

[Jack V Savage]

Wait so Obama policies did have an effect? Cool

The stimulus turned growth around. Impact was mostly in the first year.

 

[ScottE]

Not at all. No liberal poster in here would have predicted the second year of Trump would beat any Obama year of GDP. Now all of a sudden they all act like it’s a certainty the whole time

Also. Obama had higher quarters than 4.1%. So one good quarter certainly does not make a good year

He added over 1.5 trillion dollars to our deficit specifically for the purpose of trying to grow the economy. Nobody with any sense ever acted like wouldn't have an impact.

The criticism is that it was unneeded, poorly structured, and wouldn't do enough to make up for what is lost with the cuts.

Essentially that the juice isn't worth the squeeze. And barely edging out what Obama put up would be, as I said a catastrophy because he mortgaged the farm to do it.

Nevermind the practical impact of GDP growth not being felt by individuals.

 

[Jack V Savage]

I can't tell you how many people were upset that Trump went to North Korea to negotiate. Have you already forgotten the "he's legitimizing a dictator" and "it's all for show because nothing will happen" and "we gave them everything they wanted"?

Yes, there were many, many, many people, even people here on this forum, who were very upset that steps have to actually be taken for a country like North Korea to denuke.

There was skepticism that there would be any denuking, and there was widespread disbelief at the audacity of nearly causing a war, and then making concessions to restore the situation to normal and acting like it was a great accomplishment.

 

[ObamaPhoneLady]

And if trump finds cure for cancer, you will blame him for ignoring aids

That's not fair. Liberals are pushing to decriminalize knowingly spreading AIDS, so I doubt a cure is a priority for them.

 

[SBJJ]

He added over 1.5 trillion dollars to our deficit specifically for the purpose of trying to grow the economy. Nobody with any sense ever acted like wouldn't have an impact.

The criticism is that it was unneeded, poorly structured, and wouldn't do enough to make up for what is lost with the cuts.

Essentially that the juice isn't worth the squeeze. And barely edging out what Obama put up would be, as I said a catastrophy because he mortgaged the farm to do it.

Nevermind the practical impact of GDP growth not being felt by individuals.

How bout we bet? I will find at least 10 MSM articles saying it will not only not grow GDP, but will tank the economy

Please do not try to rewrite history

 

[HIMBOB]

President Trump is exceeding expectations despite the fact that the naysayers were telling us all that it wouldn't be possible just a few months ago.

Now those same naysayers are telling us that this is no big deal.

It's almost as if President Trump's naysayers have an agenda, or something?

Huge tax cut to get a good side of average growth number. Yeah suppose that is better than predicted.

 

[SBJJ]

The stimulus turned growth around. Impact was mostly in the first year.

Glad you admit you were wrong. Policy can and does have an affect

 

[Higus]

This thread has actually been a really good insight into how the left deals with news like this. For the first page or so, they stayed away because they couldn't find an angle. Then one guy goes 'that's quarterly, not yearrly!!!!1!'

And then they ALL jump in parroting the same line like it was their idea when really they're just following the leader.

What's worse, celebrating a success without critical thinking, or taking a few minutes to analyze the information before commenting?
You're right, it is good insight into the minds of left-leaning posters here.

 

[HIMBOB]

How bout we bet? I will find at least 10 MSM articles saying it will not only not grow GDP, but will tank the economy

Please do not try to rewrite history

I'd be interested to see a couple of articles that said it would tank the economy in such a short time frame.

 

[Pessimystic]

What a surprise, the usual suspects are here to drag everyone down with them. Celebrating a bit of good news is of course too much to ask from the always bilious TDS crew.
I'm going to enjoy watching the pathetic losers spontaneously combust in 2020.

 

[SBJJ]

There was skepticism that there would be any denuking, and there was widespread disbelief at the audacity of nearly causing a war, and then making concessions to restore the situation to normal and acting like it was a great accomplishment.

Partisanship rearing it’s head again

SK and Japan seem VERY happy with the way it’s going. I’ll take them over a known partisan WR poster

 

[SBJJ]

I'd be interested to see a couple of articles that said it would tank the economy in such a short time frame.

Well. I think 1 has already been posted

Would u like to bet?

 

[Jack V Savage]

Glad you admit you were wrong. Policy can and does have an affect

Generally, presidents have nothing to do with GDP growth. In a recession with interest rates as low as they can go, fiscal stimulus (which presidents can push) is a rare exception. Your general approach of presidents being directly responsible for growth numbers is monumentally stupid, though I don't even think you really believe it (I think it's just partisanship getting you to say it--just as you guys were asserting that initially strong stock-market growth was because of Trump, and then denied that Trump had anything to do with the subsequent mean reversion).

 

[JonesBones]

It is decent but Trump said yesterday he would be happy with high 4s and somebody even estimated 5 something but said he won't go that far. So he basically put the target at 4.5% + just yesterday as measure of success. Should have kept his mouth shut.

Like I said, it is good, but at the low end of estimates.

 

[Jack V Savage]

Partisanship rearing it’s head again

SK and Japan seem VERY happy with the way it’s going. I’ll take them over a known partisan WR poster

Er, no.

Anyway, I responded to you in the bet thread.

 

[ScottE]

How bout we bet? I will find at least 10 MSM articles saying it will not only not grow GDP, but will tank the economy

Please do not try to rewrite history

Come up with them. Though make sure you read past the headline because I'm sure their timeline isn't immediate.

Because that's the fucking problem we are trading a probable short term marginal benefit for mid-long term consequences

 

[SBJJ]

Er, no.

Anyway, I responded to you in the bet thread.

Derp

SK/JAPAN>WR Poster

 

[Rod1]

How bout we bet? I will find at least 10 MSM articles saying it will not only not grow GDP, but will tank the economy

Please do not try to rewrite history

Link me one that says it would tank the economy immediatly.

I think what most criticism i heard is that it would boost the deficit and in the case of an economic downturn there would be no way to boost the economy

 

[ScottE]

It is decent but Trump said yesterday he would be happy with high 4s and somebody even estimated 5 something but said he won't go that far. So he basically put the target at 4.5% + just yesterday as measure of success. Should have kept his mouth shut.

They need it to be 5% for the year or they've come in under the "projections" they used to justify the tax cuts.

But no low 4% for one Q when you need 5% over the year is the cause for celebration!