Trump is so getting reelected lol.
Mueller better find some criminal charges or we are stuck with this guy for another 4 years.
Mueller better find some criminal charges or we are stuck with this guy for another 4 years.
-
Ever wanted an RSS feed of all your favorite gaming news sites? Go check out our new Gaming Headlines feed! Read more about it here.
-
We have made minor adjustments to how the search bar works on ResetEra. You can read about the changes here.
U.S. GDP growth accelerates to 4.1%
- Thread starter Mr.Awesome
- Start date
- Status
But who to believe, people reporting actual facts, or, the Trumps?
https://twitter.com/DonaldJTrumpJr/status/1022842142937493504
Seriously. Trump seems determined to sin k the economy and he'll likely succeed in the next two years. But even if it somehow manages to stay the same, it's not going to be the determining factor that makes Trump president again.
In other words this is the coke induced high before the huge crash.
Get your buckets ready.
Good thing the government has raised taxes to slow down this growth. Too much of this growth in wealth is being captured by homeowners in high growth Urban centers.
(Seriously)
(Seriously)
I'm sorry but people in here saying this pointless stat is going to lead to Trump's reelection are dumb as hell lol.
There is a clear distinction between the two and predicting it is fine (and likely accurate)
I get the feeling many here want the economy to falter because they believe a faltering economy will lead to trump being ousted. They want the suffering of millions because they want some figurehead removed and be usurped by a different figurehead from the party they better approve of. In this case, the end does not justify the means in my view.
If that isn't what's happening here then I misread the room and I apologize. But I have my sincere doubts.
Trump's taking care of all that on his own. None of us have to hope for anything except for him to be gone.
Yes, we all want our homes and retirements and all our other investments to tank so we can get a good one on Trump. Got us red handed.
Awesome number. Hopefully it stays high, but I doubt it given how much soybean sales helped this number.
Those people will always find something to push or just flat out make something up so there's no point in worrying about what they're gonna do.
We know that when 0.6% of the 4.1% growth is made up of just fucking soybeans that it's obviously inflated. It's not like the entire world just discovered that American soybeans cure cancer or something.
Depends on whether or not China gives in any time soon , though I suspect they're in it for the long haul (as is Trump).
Yep, which means the next report is going to be down. For the sake of the economy I hope not, but looking at how 4.1 was achieved, it's hard to not be pessimistic about the next report.
User Warned: Hostility + Generalizations towards other members
You know what's allowing it to happen? Pure fuckery that is going to wreck future generations.
And fuck right off with praising Trump, he's a fucking Nazi and don't be a Nazi enabler or history will remember you.
Also, *actual* great news would be wage growth that would make regular workers more secure.
Yes, it's a strawman unless you think "pwning yourself to pwn the nazi's" is something someone seriously promotes. This isn't a "bitch eating crackers" meme. There is simply no avoiding an economic hit and no way to mitigate the damage. People are already fucked and it's only a matter of when, so framing it as wanting the Nazi cheeto to take an L by any means necessary is disingenuous at best.
I think trump is awful but hes going to win because Dems dont have anyone who can beat him in 2020. The new generation like the Ocasio Cortez' of the world wont be ready til 2024 imo.
You know what's allowing it to happen? Pure fuckery that is going to wreck future generations.
And fuck right off with praising Trump, he's a fucking Nazi and don't be a Nazi enabler or history will remember you.
Also, *actual* great news would be wage growth that would make regular workers more secure.
Bringin' it, Beer Monkey. Damn.
You know what's allowing it to happen? Pure fuckery that is going to wreck future generations.
And fuck right off with praising Trump, he's a fucking Nazi and don't be a Nazi enabler or history will remember you.
Also, *actual* great news would be wage growth that would make regular workers more secure.
I'm sorry, but was the bolded aimed at me? That's kind of rude if so.
I was thinking about posters cheering on traffis that effect mostly red States from canada, China, EU, ect. There is blow back to seeing trump voters have the chickens come home to roost.
During the election season, politically it'd be smart to just focus on the 2014 quarters. 2009 and 2011 were both the result of either TARP or quantitative easing (and 2009/2011 economies were very weak despite GDP growth, a classic populist sticking point, that growth is only aiding the wealthy elites).
Is there any particular reason you're being a jerk? I didn't praise Trump or Nazis or anything like that. I simply said the economy growing is great news.
I really wish I had taken more economics classes.
I took a year in college and am very grateful for it.
I'd imagine there are some pretty great YouTube videos explaining some basics, though.
This is basically the "cash for clunkers" of GDP reports. Far too much of the increase is from future sales/consumption being pulled forward by tariff fears. We could crash hard in Q3 if something doesn't fill that void.
I'm looking to add to that vehicle figure in the next few weeks. I was going to wait until next spring, but I don't want to pay a tariff premium.
The tax cuts went to the shareholders who looked to buy back stocks to have more control over their companies, screwing over regular employees of course.
Trump claimed Obama was ruining the economy, this growth streak started under President Obama and Trump is benefiting from that. Not much Trump has said has been correct.
With that said, GDP is largely not dictated by government unless there is some kind of outrageous/groundbreaking law passed.
I suggest you do some research (some great posts in that thread) before you take things at face value.
Yeah, there's a car I've got my eye on but it won't ship until Q4 or maybe even Q1. As a result of the trade war, there's a good chance that I will buy *no car at all*.
I actually study GDP/GSP growth and the economy so I've done plenty of research and don't take things at face value.
Which Trump would that be? The candidate who said all of these numbers were fake or the president who now says they're real?
The US is not doing well at all. People are spending increasingly greater portions of their income on health care. Savings are at an all time low. Most young to middle-aged Americans will never be able to retire, or will retire into poverty. Young people are saddled with crushing debt and will inherit a massive governmental debt while having their twilight years social safety nets slashed (Social Security and Medicare).
- Status