Bye Bye Obamaconomy, Hello Trumpconomy!

Apr 2015
14,934
2,748
Katmandu
#1
The Trumpconomy is rolling. Strong job growth, 26% higher than expected and the economy is growing at more than twice the rate of the pitiful 2016 Obamaconomy rate of 1.6%!




https://www.yahoo.com/finance/news/u...--finance.html

WASHINGTON (AP) —
The U.S. economy lost momentum in the final three months of 2016, closing out a year in which growth turned in the weakest performance in five years.

The gross domestic product grew at an annual rate of just 1.9 percent in the October-December period, a slowdown from 3.5 percent growth in the third quarter, the Commerce Department reported Friday. GDP, the broadest measure of economic health, was held back by a jump in the trade deficit.

For 2016, the economy grew 1.6 percent. It was the worst showing since 2011 and down from 2.6 percent growth in 2015.

The first jobs report of the Trump era just dropped and it was better than expected.

In January, the US economy added 227,000 jobs while the unemployment rate rose slightly to 4.8%. Economists were looking for payrolls to grow by 180,000 with the unemployment rate expected to hold steady at 4.7%.


Latest forecast: 3.4 percent — February 1, 2017

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2017 is 3.4 percent on February 1
https://frbatlanta.org/cqer/research/gdpnow/?panel=1
 
Likes: 2 people
Apr 2015
14,934
2,748
Katmandu
#4
No one on the left wants to talk about the economy?

Contrary to what they believe, the majority of households in the US are concerned about their own personal financial situation and prosperity and don't care what Trump is tweeting about Arnold.
 
Likes: 2 people
Oct 2013
26,534
22,748
USA
#7
It's been three disastrous weeks for the Trump and his asshole followers, and you are touting the economy already? Give me a fucking break.
Had to be one of the funniest posts of 2017! Less than 3 frigging weeks... :mademyday:
Just sit back and enjoy the grand delusions. :f_cheers:
 
Likes: 8 people
Oct 2013
26,534
22,748
USA
#10
There in no more important issue than the economy.
You need to study up on how long after a President leaves office an economy and jobs is considered their economy. Just as with Bush, the same applies to Obama. Hell some of his budget plans already passed by Congress has not even been implemented yet and will be because Congress already passed it.

But it is nice to see ya'll finally recognizing Obama! LOL
 

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