better post with some stuff in it. regardless what major, a Wharton graduate who became a multi-billionaire certainly knows the difference between GDP and growth... this is what the left has been reduced to - nothing. it will be close, if he meant ~1.6% when he took over from obama, and the projection for Q2 by the atlanta Fed is 3.9%... although Atlanta tends to over-estimate.
You're a fantastic idiot. He got Cs at Fordham(!) and transferred to Penn. Wharton did not offer any undergrad finance degree which shows you don't know shit. He inherited (via partnership) $800MM in Queens and Bronx RE from Fred Trump. Numbnuts stated that GDP has "doubled and tripled" 17*6=102
except there's audio 3:30: https://www.thesun.co.uk/video/news...s-candidly-to-the-sun-in-exclusive-interview/ Nice try though, he's also calling it fake news now.
http://www.politifact.com/truth-o-m...d-trump-base-describing-gdp-growth-his-watch/ Trump said, "Watch those GDP numbers. We started off at a very low number, and right now we hit a 3.2 (percent). Nobody thought that was possible." This is inaccurate two ways. First, the most recent saw GDP growth of 2.0 percent, not 3.2 percent. And second, exceeding 3 percent GDP growth in a quarter is not an unusual achievement -- Obama accomplished it eight times. The real achievement would be a full year at 3 percent, which hasn’t happened under Trump yet. We rate the statement False.
this is why you are not making any money... the thinking pattern is wrong. instead of reading the price action (the man became president), you are distracted by stuff that doesn't matter - media feeds, shallow jokes etc. see it's not difficult to have a civil discussion, yet there are people who on trump derangement syndrome who cant carry out a normal conversation. numbers are legit, but a couple of points - - obama accomplished nothing. economy always expand under easy money. obama's policies and regulations are mostly head winds. - doing 3% in mid/late stage of expansion is a different thing from a crash bounce back when the existing capacity was re-utilized.... of course today's money is still easy, but trump's deregulation/tax cut/trade balance effort are tail winds.... the 3% right now comes from new investment/expansion when biz confidence is at all time high, plus the surplus cash from the tax cut give companies room to expand.. plus small biz now can hire more without the obamacare obligations.