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United States GDP Annual Growth Rate | 1948-2017 | Data | Chart | Calendar
Set the chart to TEN years back. There is NO downward trend. Can you even DO linear regression?!??
Sure I can, but obviously you can't.
3 years of data clearly shows the negative trend of growth in the Obamaconomy. Then you said use data back to 2010 because it tells a different story, you should have studied up on regression analysis before making such a silly claim, because that only reinforced the negative trend in growth we saw in the Obamaconomy.
No, not at all. Take a MATH class, dummy. Look at these numbers AGAIN:
2010 2.5%
2011 1.6%
2012 2.2%
2013 1.7%
2014 2.4%
2015 2.6%
2016 1.6%
Now look at THESE three years on their own:
2013 1.7%
2014 2.4%
2015 2.6%
See the CLEAR pattern of ACCELERATING growth there? Do you UNDERSTAND that 2.6 is GREATER than 2.4, and that 2.4 is GREATER than 1.7? Or do we need to send you back to a REMEDIAL COUNTING class?
Of the three highest years of growth in that seven-year series, TWO of the three came towards the very END.
I did the regression analysis myself, last night. The slope of the line is statistically indistinguishable from ZERO. Just as I have been telling you for the LAST FUCKING YEAR, we have been STUCK in a pattern of SLOW but STEADY growth for the last SEVEN years, with EVERY year being within half a percentage point of the MEAN, which is 2.09%.
So you did a regression analysis and found the slope of both the 3 year and 7 year lines to be negative? When you plot the data and fit the trendline the negative slope is very clear.
The slope has to be zero, positive or negative. It is negative which means the years long trend is declining economic growth rates.
It is fifth grade math, and no matter how many personal insults and f bombs you drop, economic growth rates were declining in the Obamaconomy.