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The economy grew 0.7% in the first quarter

ocean515 said:
Should I post the economic stats from the first 100 days of the Obama Administration?
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Go ahead. It seems like y'all can only deflect to Obama anyway. I guess if you want to compare yourself to that crapfest of a Presidency, you can. But it's not really saying your guy is any good. Just that you're on par with Obama...whom I was pretty sure you and your side just spent 8 years bitching about.

lol

partisans.
 
ocean515 said:
I don't know about the right-wing, but this is where I write that this result is why we have President Trump in the White House today.

Remember the memes the lefties have been pushing. Trump has done nothing in his first 100 days. So this result is all Obama.
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Oh, come on now....you Trumpbots (which you certainly seem to be) will go to any lengths to back him up.

Your bizarre spin logic is...Trump was completely ineffective as POTUS in the first quarter (even though the Reps rule both houses). So, the lousy economy for Q1 is not his fault by virtue of his being an impotent POTUS?

That is absolutely ridiculous. I had more respect for you than this sad excuse.

If the Dems owned Congress...you might begin to have a point. But they do not. So he has ZERO excuse.

Trump took responsibility for the early good jobs numbers...that means he has to take responsibility for the economy since he took office.

Trump takes credit for strong January jobs numbers - CBS News

And since that point, the economy has STUNK.

And the responsibility for the lousy GDP growth is Trump's...period.


Once again, I have ZERO loyalty to any political party or movement.
 
My retirement funds have gone up $33,000 since election day, so I'm good.
 
Trump? What a buffoon.


BTW, the GDPNow was pretty accurate - calling for a 0.2% number when the 'economists' were calling for much better.

https://www.frbatlanta.org/cqer/research/gdpnow.aspx

It's not often I credit the Fed or it's lackey's - but I have to this time.


Once again, I have ZERO loyalty to any political party or movement.

In fact, I despise both major parties.
 
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So...is the right tired of winning yet?
 
katzgar said:
Obama isnt president. Trump is president. Trump is head of a failing economy.
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This thread was actually refreshing. We only had to wait until post #3 for the Obama deflection. And, for a change, it wasn't "But But But....HILLARY!".
 
Ikari said:
Go ahead. It seems like y'all can only deflect to Obama anyway. I guess if you want to compare yourself to that crapfest of a Presidency, you can. But it's not really saying your guy is any good. Just that you're on par with Obama...whom I was pretty sure you and your side just spent 8 years bitching about.

lol

partisans.
Click to expand...

Ikari, I think a pot calling a kettle black is a waste of time. So why are you wasting time?

There is nothing partisan about my comments on the first quarter results. Perhaps you would need to remove your hyperpartisan glasses to realize that.

President Trump is no more responsible for the economy in the first 100 days of his Presidency as EX President Obama was responsible for the economy in his first 100 days.

I'm not comparing MYSELF to anything.

If you have a thing against partisans, you'd better treat yourself first before condemning your own actions.
 
ludin said:
Please see the article I posted. we won't see the results of anything trump does till more towards the end of the year into the first 2 quarters of next year at least.
technically we are still bleeding from Obama's policies.
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We said this about Bush and you people plugged your ears and went "LA LA LA NOT LISTENING"
 
DA60 said:
Oh, come on now....you Trumpbots (which you certainly seem to be) will go to any lengths to back him up.

Your bizarre spin logic is...Trump was completely ineffective as POTUS in the first quarter (even though the Reps rule both houses). So, the lousy economy for Q1 is not his fault by virtue of his being an impotent POTUS?

That is absolutely ridiculous. I had more respect for you than this sad excuse.

If the Dems owned Congress...you might begin to have a point. But they do not. So he has ZERO excuse.

Trump took responsibility for the early good jobs numbers...that means he has to take responsibility for the economy since he took office.

Trump takes credit for strong January jobs numbers - CBS News

And since that point, the economy has STUNK.

And the responsibility for the lousy GDP growth is Trump's...period.


Once again, I have ZERO loyalty to any political party or movement.
Click to expand...

BS DA60. Don't try to sell that load here, at least not to me.

Shall I count the hyperbolic BS in your post about "impotent", etc.?

Learn a little about economics and leading and lagging indicators, and get back to me.

Short of that, your opinion is noted for what I paid for it.
 
One bad thing about this number - besides the obvious - is that the Trump administration will be desperate to deflect people's attention from this.

And the way I fear they will do that is by stirring up more troubles with Syria/North Korea.

Things could get even uglier in the world because of this number.


Let's hope Trump is not that juvenile.

That maybe hoping for too much.



Once again, I have ZERO loyalty to any political party or movement.
 
ocean515 said:
BS DA60. Don't try to sell that load here, at least not to me.

Shall I count the hyperbolic BS in your post about "impotent", etc.?

Learn a little about economics and leading and lagging indicators, and get back to me.

Short of that, your opinion is noted for what I paid for it.
Click to expand...

In other words...you have nothing (Mr. the-way-to-decrease-the-deficit-is-NEVER-to-cut-spending-but-increase-taxation).

And you said NOTHING about 'lagging indicators' in your first post here. Clearly, you just threw it in now to try and save face.

ANd clearly, you do not even know what that means in this context as the reason for the lousy GDP growth is NOTHING to do with lagging indicators...it is to do mostly with terrible consumer spending.

Hello!!! Consumer spending is NOT a lagging indicator. DUH!!!


Your opening excuse was that the economy is not Trump's fault because he was ineffective during his first 100 days.

That is what you typed and that is what you are stuck with.

And it is an absolutely pathetic excuse.

LOL...Trump is not to blame for the economy because he has been an ineffective POTUS. LOL


And Trump already took responsibility for the January jobs numbers...that means the entire economic performance since January is his responsibility - by his own words.


Too bad Trumpbot (assuming you are one)...your boy stinks as POTUS. He stinks at running the economy. He stinks at keeping his promises. He stinks at foreign policy. He flip flops like a just caught fish on the deck. He is stupid. He is ignorant. He is a liar. He is a loser.
Anything else? Oh yeah...his campaign is under investigation from the FBI for making illegal deals with a foreign power.


We are done here.

Bu bye.


Once again, I have ZERO loyalty to any political party or movement.
 
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DA60 said:
In other words...you have nothing (Mr. the-way-to-decrease-the-deficit-is-NEVER-to-cut-spending-but-increase-taxation).

And you said NOTHING about 'lagging indicators' in your first post here. Clearly, you just threw it in now to try and save face.


Your opening excuse was that the economy is not Trump's fault because he was ineffective during his first 100 days.

That is what you typed and that is what you are stuck with.

And it is an absolutely pathetic excuse.

LOL...Trump is not to blame for the economy because he has been an ineffective POTUS. LOL


And Trump already took responsibility for the January jobs numbers...that means the entire economic performance since January is his responsibility - by his own words.


Too bad Trumpbot...your boy stinks as POTUS.


We are done here.

Bu bye.


POnce again, I have ZERO loyalty to any political party or movement.
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LOL.

Yeah, run away.

Employment numbers are considered leading indicators. Do you know why that is?

Apparently not.

However, you are right, we are done here. Not interested in teaching economic concepts that most learned in High School. (In fairness, maybe they don't teach that any more)
 
ocean515 said:
LOL.

Yeah, run away.

Employment numbers are considered leading indicators. Do you know why that is?

Apparently not.

However, you are right, we are done here. Not interested in teaching economic concepts that most learned in High School. (In fairness, maybe they don't teach that any more)
Click to expand...


Trumps economy is failing...simple
 
ocean515 said:
Ikari, I think a pot calling a kettle black is a waste of time. So why are you wasting time?

There is nothing partisan about my comments on the first quarter results. Perhaps you would need to remove your hyperpartisan glasses to realize that.

President Trump is no more responsible for the economy in the first 100 days of his Presidency as EX President Obama was responsible for the economy in his first 100 days.

I'm not comparing MYSELF to anything.

If you have a thing against partisans, you'd better treat yourself first before condemning your own actions.
Click to expand...

My actions are not partisan, I know, a partisan deflection because they can't deal with their partisan arguments. But I've condemned both sides, and I criticize both sides, not just one side as a partisan would do.

If you want to compare Trump to Obama go ahead, but you haven't demonstrated anything other than Trump is on par with Obama and I'm pretty sure your side has been bitching about Obama solid for 8 years now, lol.
 
Trump right about now: "Nobody thought that the economy could be so hard"
 
As I wrote in the other thread on this topic.... ;)

It seems we're in an odd situation. Hard numbers (like GDP or employment) are kind of in the middle, and soft numbers (like consumer confidence) were much better. People say they're feeling more upbeat, but their spending doesn't reflect that same optimism.

That said, IMO it's still too early to attribute this to Trump. Even if he had actually passed any legislation, it wouldn't have taken effect during Q1. And as per usual, there are lots of factors that aren't attributable to any President, such as milder weather resulting in lower energy spending, or slowing car sales (a longer-term trend).

The only attribution I'd ascribe to Trump is that his actions in regards to immigration issues, and his nationalistic / nativistic impulses in general, are negatively affecting tourism. However, I don't think that would cost more than, oh, 20-25 basis points? It could have a bigger impact in the summer.
 
ocean515 said:
BS DA60. Don't try to sell that load here, at least not to me.

Shall I count the hyperbolic BS in your post about "impotent", etc.?

Learn a little about economics and leading and lagging indicators, and get back to me.

Short of that, your opinion is noted for what I paid for it.
Click to expand...

Time to teach you what 'lagging indicator' actually means:

Remember - the main reason for the lousy Q1 GDP growth number is probably poor consumer spending.

US GDP Collapses To 0.7%, Lowest In Three Years; Worst Personal Spending Since 2009 | Zero Hedge

'BREAKING DOWN 'Lagging Indicator'
A lagging indicator is a financial sign that becomes apparent only after a large economic shift has taken place. Therefore, lagging indicators confirm long-term trends, but they do not predict them. Some general examples of lagging indicators include the unemployment rate, corporate profits and labor cost per unit of output. Interest rates are another good lagging indicator, since rates change as a reaction to severe movements in the market. Other lagging indicators are economic measurements, such as gross domestic product (GDP), the consumer price index (CPI) and the balance of trade. These indicators differ from leading indicators, such as retail sales and the stock market, which are used to forecast and make predictions.

Read more: Lagging Indicator Lagging Indicator


Retail sales/consumer spending is NOT a 'lagging indicator'. It is a leading indicator. And roughly 60+% of the U.S. GDP is consumer spending.

School is out.


Wow...over the last few days - I have lost a ton of respect for you. You do not seem to understand the economy or the fiscal situation at all. Clearly, you are about partisan politics more than macroeconomic fundamentals.

Noted.


We are now DEFINITELY done here.

Have a nice day.


Once again, I have ZERO loyalty to any political party or movement.
 
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Ikari said:
No no, that was negative, so it was Obama's fault. This is negative too, so it's still Obama's fault. Only if it is positive will it be a Trump Triumph.
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If it wasn't so dishonest it'd be funny. When Trump was in office for only a few days in January. the Trumpsters were dying to give Trump credit for January's good jobs report.

Now months later the numbers aren't as good the Trumpsters want to blame Obama. lol
 
Trump's pattern is relatively simple to follow: If the data doesn't look good, it is Obama's fault. If the data looks good, it was all Trumps idea...................lol

If the polls show negative, they are "fake news". If the facts don't support his claims, he uses "alternative facts".......................:)
 
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