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Author
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Topic: Trump Was Right...Again!
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Randall
Webmaster Posts: 86054
From: From a galaxy, far, far away...
Registered: Apr 2009
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posted September 28, 2017 07:28 PM
  
After being ridiculed and mocked about his assertions that he would increase GDP to 3% in short order, the figures came out today: From a dismal 2% to 3.1% in only 8 months! Obama couldn't do it in 8 years! That's because Marxism doesn't work. Capitalism does! Each increase of 1% translates into $3 trillion in growth, $3 trillion in deficit reduction, $10 trillion in economic activity, and 12 million new jobs. You can see the new wealth creation reflected in the DOW reaching over 2,000 above historic highs. Things will be slow until the 3rd quarter due to the natural disasters, but then tax reform and repatriation will crank up the economy like we have never seen since Reagan! Thank you, President Trump! IP: Logged |
Catalina
Knowflake Posts: 5107
From: shamballa
Registered: Aug 2013
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posted September 28, 2017 07:32 PM
He has done nothing to give him credit for this. IP: Logged |
Randall
Webmaster Posts: 86054
From: From a galaxy, far, far away...
Registered: Apr 2009
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posted September 28, 2017 08:36 PM
Wrong! Trump 1. You zero. By reversing Obama's business and economy strangling regulations, he actually has. Much more economic growth to follow.IP: Logged |
Catalina
Knowflake Posts: 5107
From: shamballa
Registered: Aug 2013
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posted September 28, 2017 09:45 PM
Regu/shmegu.. the snowball Obama started during the Repression has gathered momentum. And Cali.. with all its "dastardly" regulations, has led the way consistently.
http://www.bloomberg.com/view/articles/2017-05-10/california-leads-u-s-economy-a way-from-trump IP: Logged |
Randall
Webmaster Posts: 86054
From: From a galaxy, far, far away...
Registered: Apr 2009
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posted September 28, 2017 09:48 PM
I don't think even you seriously believe that bullsh*t. A lot of presidents faced serious challenges, but Obama with his 8,000+ regulations was the ONLY one to never reach 3% GDP. The only snowball that shyster rolled was one of divisiveness.IP: Logged |
Randall
Webmaster Posts: 86054
From: From a galaxy, far, far away...
Registered: Apr 2009
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posted September 28, 2017 10:25 PM
And just by President Trump being elected, businesses were optimistic about upcoming regulatory relief and were more confident in hiring and producing.IP: Logged |
Randall
Webmaster Posts: 86054
From: From a galaxy, far, far away...
Registered: Apr 2009
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posted September 28, 2017 10:59 PM
The same goes for consumer confidence. And if tax reform goes through, the economic growth due to lower corporate rates plus repatriation investment will accelerate the economy like we've never seen before.IP: Logged |
Catalina
Knowflake Posts: 5107
From: shamballa
Registered: Aug 2013
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posted September 29, 2017 01:19 PM
The US economy expanded an annualized 3.1 percent on quarter in the second quarter of 2017, above a second estimate of 3 percent and beating market expectations of 3 percent. It is the strongest growth rate since the first three months of 2015, the final estimate from the BEA showed. Private inventory investment increased more than previously estimated, but the general picture of economic growth remains the same. Annualized.. that means projected to be the year average from what it is now.. Which apparently is actually 2.6% IP: Logged |
Node
Knowflake Posts: 2964
From: 2,015 mi East of Truth or Consequences NM
Registered: Apr 2009
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posted September 29, 2017 02:22 PM
We could post reams of documentation about the turn around that was accomplished by the Obama admin Cat. A turn around that Trump is doing his best to turn into an increasing deficit. While at the same time taking credit for what was in place before he ever took office.As Acoustic truthfully pointed out many times, the country does better economically and socially when a Republican is not in office. Won't make an difference to those residing in the bubble, they will just cry fake news! IP: Logged |
Randall
Webmaster Posts: 86054
From: From a galaxy, far, far away...
Registered: Apr 2009
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posted September 29, 2017 04:39 PM
That's why Obama was the only president to never reach 3% GDP and why he spent more money than all other presidents before him combined. IP: Logged |
Catalina
Knowflake Posts: 5107
From: shamballa
Registered: Aug 2013
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posted September 29, 2017 04:47 PM
http://www.cato.org/blog/presidential-spending-0 Spending, by president IP: Logged |
jwhop
Knowflake Posts: 10432
From: Madeira Beach, FL USA
Registered: Apr 2009
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posted September 29, 2017 06:04 PM
The bungling, incompetent, boob, Barack Hussein Obama almost doubled the national debt, increasing the national debt by more than all past US Presidents combined.Something to be proud of..NOT. So why are you? IP: Logged |
Catalina
Knowflake Posts: 5107
From: shamballa
Registered: Aug 2013
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posted September 29, 2017 06:29 PM
You seem to think i base some personal worth on Obama? Maybe you identify with your president and take his moves as personal vindication .. sad but your prerogative. However my post - from the Cato Institute no less, big Obama detractors and underminers - disputes your claims that he was the worst ever. As you'll see the figures OMIT MILITARY expenses and adjust for inflation and make your claims look like what they are.. brainwashing propaganda. Interesting that despite their own think tank's findings the Cato Inst and the Kochs have been busy spewing the kind of obviously intentional garbage you parrot continually. 🍭🎻 IP: Logged |
Catalina
Knowflake Posts: 5107
From: shamballa
Registered: Aug 2013
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posted October 02, 2017 04:51 PM
I agree. The facade has so many fooled... http://www.truthdig.com/articles/donald-trump-no-longer-president-united-states/ IP: Logged |
jwhop
Knowflake Posts: 10432
From: Madeira Beach, FL USA
Registered: Apr 2009
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posted October 02, 2017 05:04 PM
quote:
Originally posted by Catalina:
I agree. The facade has so many fooled... http://www.truthdig.com/articles/donald-trump-no-longer-president-united-states/
The streak of insanity running through leftist lunatics is broad and deep! 
IP: Logged |
Node
Knowflake Posts: 2964
From: 2,015 mi East of Truth or Consequences NM
Registered: Apr 2009
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posted October 02, 2017 05:19 PM
Excellent article from truth dig.Thanks for posting it. I agree with the premise that Trump is President in name only, Many people who are better thinkers and writers than I have offered this before. That the oligarchs have the power, that power is now solidified in a figure head like none other before him [in the US.] But his incendiary mouth- and- bully pulpit could lead to nuclear war and more separation. The separation we have already witnessed, as he continually adds fuel to the angst fire.
I want to post quotes from that article to highlight certain areas, but that reduces the whole of the page. All of it is meaningful.
The writer Robert Reich is a favorite of mine.
http://robertreich.org/post/165912138010 IP: Logged |
Bluejay
Knowflake Posts: 806
From:
Registered: Jun 2013
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posted October 03, 2017 03:20 AM
quote:
Originally posted by Randall:
That's why Obama was the only president to never reach 3% GDP and why he spent more money than all other presidents before him combined.
Trump is so full of **** ! He has not been in office long enough to claim credit for GDP! He is talking about quarterly GDP, and as usual he's lying! Obama got 3% or more during 8 "quarters" of his Presidency, which is what Trump is referring to. This was after Obama inherited a huge recession. As a matter of fact he got as much as 4% in a couple of quarters and even over 5%. Trump is fake news! IP: Logged |
jwhop
Knowflake Posts: 10432
From: Madeira Beach, FL USA
Registered: Apr 2009
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posted October 03, 2017 11:55 AM
Trump, right again! Even though the shiitte shovelers at Fortune despise saying it..."But annual GDP growth never hit 3% under Obama, prompting economists to dub the era a "low-growth" environment. Prior to the 2000s, the U.S. was no stranger to annual GDP growth upward of 3%."
http://fortune.com/2017/08/30/donald-trump-springfield-mo-3-gdp/ IP: Logged |
Randall
Webmaster Posts: 86054
From: From a galaxy, far, far away...
Registered: Apr 2009
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posted October 03, 2017 12:57 PM
I have an economics lesson for you, Bluejay. When President Trump reversed those 8,000 business-choking regulations of Obama, he unleashed growth.IP: Logged |
Catalina
Knowflake Posts: 5107
From: shamballa
Registered: Aug 2013
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posted October 03, 2017 03:03 PM
I have a statistics lesson for you Randall. Projections for the year are not yet fact. The quarter actually didn't make 3% but 2.6%.. that's what annualized means... they are projecting.Trump isn't in office a year yet so its an apple vs an (annoying) orange and as bluejay pointed out, there were better quarters under Obama but not yearlies.. tho there were probably better projections from some of those quarters too they are now relegated to hard figures. Which can only come with hindsight not projection.. similar to climate science!😎😂 IP: Logged |
Randall
Webmaster Posts: 86054
From: From a galaxy, far, far away...
Registered: Apr 2009
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posted October 03, 2017 03:21 PM
Guess what? When you free the economy, it grows. Expect great growth over the next year. Count on it. Save the climate junk science for the chicken littles.IP: Logged |
Catalina
Knowflake Posts: 5107
From: shamballa
Registered: Aug 2013
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posted October 03, 2017 03:22 PM
The recession crash was the direct result of "freeing the economy" ..as it was in 1929. You know how snowballs work? You know how DT likes to pretend he has done deals that were already in place? Daily cash intake is not the only measure of prosperity. Many of those deregulations are going to cost more in repairing damage than they have generated in profit - over -safety IP: Logged |
Randall
Webmaster Posts: 86054
From: From a galaxy, far, far away...
Registered: Apr 2009
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posted October 03, 2017 04:02 PM
The DOW broke a record high today. I'm sure it was due to Obama. Thanks, Obama!  IP: Logged |
jwhop
Knowflake Posts: 10432
From: Madeira Beach, FL USA
Registered: Apr 2009
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posted October 03, 2017 04:07 PM
quote:
Originally posted by Randall:
The DOW broke a record high today. I'm sure it was due to Obama. Thanks, Obama!
Yeah, lots of new all time stock market highs in the Trump economy. Leaving the Obama economy on the dusty scrapheap of the history. IP: Logged |
Node
Knowflake Posts: 2964
From: 2,015 mi East of Truth or Consequences NM
Registered: Apr 2009
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posted October 03, 2017 04:52 PM
It's called a bubble for a reason...
^ bubble heads IP: Logged |
Lindaland
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