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Atlanta Fed: 4Qtr GDP 4.5%

Comments

  • YellowSnow
    YellowSnow Moderator, Swaye's Wigwam Posts: 37,609 Founders Club
    Helps Obama IMO.

    Historically speaking, POTUS tend to be given way too much credit during times of economic growth and shoulder too much blame during downturns. Furthermore, what impact POTUS does have on the economy takes, at least, a year or two to show up.
  • AZDuck
    AZDuck Member Posts: 15,381
    prepare your anus for the Fed rate hike if true
  • Kaepsknee
    Kaepsknee Member Posts: 14,913
    edited November 2017

    Helps Obama IMO.

    Historically speaking, POTUS tend to be given way too much credit during times of economic growth and shoulder too much blame during downturns. Furthermore, what impact POTUS does have on the economy takes, at least, a year or two to show up.

    Do you wanna cracker?

    Consumer confidence is a helluva drug btw
  • Kaepsknee
    Kaepsknee Member Posts: 14,913
    AZDuck said:

    prepare your anus for the Fed rate hike if true

    Yes. The interest rates need to be raised to fit organic levels for the condition of the economy. Short term pain for long term gain.
  • YellowSnow
    YellowSnow Moderator, Swaye's Wigwam Posts: 37,609 Founders Club
    salemcoog said:

    Helps Obama IMO.

    Historically speaking, POTUS tend to be given way too much credit during times of economic growth and shoulder too much blame during downturns. Furthermore, what impact POTUS does have on the economy takes, at least, a year or two to show up.

    Do you wanna cracker?

    Consumer confidence is a helluva drug btw
    I'm sure the electorates' love of Donald Trump is driving consumer confidence right now.

    image
  • YellowSnow
    YellowSnow Moderator, Swaye's Wigwam Posts: 37,609 Founders Club
    salemcoog said:

    AZDuck said:

    prepare your anus for the Fed rate hike if true

    Yes. The interest rates need to be raised to fit organic levels for the condition of the economy. Short term pain for long term gain.
    Agree.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 114,993 Founders Club

    Helps Obama IMO.

    Historically speaking, POTUS tend to be given way too much credit during times of economic growth and shoulder too much blame during downturns. Furthermore, what impact POTUS does have on the economy takes, at least, a year or two to show up.

    Just in time for a GOP president too
  • YellowSnow
    YellowSnow Moderator, Swaye's Wigwam Posts: 37,609 Founders Club

    Helps Obama IMO.

    Historically speaking, POTUS tend to be given way too much credit during times of economic growth and shoulder too much blame during downturns. Furthermore, what impact POTUS does have on the economy takes, at least, a year or two to show up.

    Just in time for a GOP president too
    If the growth rate was 1.5% I wouldn't blame Trump either less than 12 months in. HTH.
  • Kaepsknee
    Kaepsknee Member Posts: 14,913

    salemcoog said:

    Helps Obama IMO.

    Historically speaking, POTUS tend to be given way too much credit during times of economic growth and shoulder too much blame during downturns. Furthermore, what impact POTUS does have on the economy takes, at least, a year or two to show up.

    Do you wanna cracker?

    Consumer confidence is a helluva drug btw
    I'm sure the electorates' love of Donald Trump is driving consumer confidence right now.

    image
    Different things.

    Trump was elected because people think He will benefit the economy.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 114,993 Founders Club
    And if he does he will be re elected rather easily.

    All this noise, is noise. Tweeters gotta tweet