Virgil Jones
Well-known member
- Joined
- Jan 2, 2019
- Messages
- 1,592
- Reaction score
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- Male
- Political Leaning
- Very Conservative
When people make claims about things numeric, they really should look at the numbers. We understand that it is right-wing dogma that Obama had a disaster economy for eight years. The numbers tell a different story. Also, there is no magic about 3% annual GDP growth. 2015, under Obama, was 2.9%. So yeah, there is so much difference between 2.9 and 3.0.
Moreover, 2017 GDP was 2.2% annual. 2018, if it at 3% or more, it's because of two of the quarters, one being a high 4.2%. Below is GDP quarterly growth. There isn't much diff between the last two years and the preceding 8 years.
The tax cuts certainly boosted the economy, and even increased tax revenues. That is something leftists never seem to understand.