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What Does Trump Have, A Magic Wand?

Dude61
Dude61 Member Posts: 1,254
in Tug Tavern
U.S. GDP Growth Revised Up in Second Quarter

Gross domestic product—the value of all goods and services produced across the economy—rose at a 4.2% annual rate in the second quarter, adjusted for seasonality and inflation, the Commerce Department said Wednesday.

https://www.wsj.com/articles/u-s-gdp-growth-revised-up-in-second-quarter-1535546347

Obama told me 2% was the new normal.
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,894 Founders Club
    Nothing's changed with Franny

    4.s growth is quite common really. Pretty sure Obama had one or two quarters like that out of 32
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  • 2001400ex
    2001400ex Member Posts: 29,457
    RaceBannon said:

    Nothing's changed with Franny

    4.s growth is quite common really. Pretty sure Obama had one or two quarters like that out of 32

    I know your are being sarcastic. But that's actually a factual comment from you. Congrats.
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,894 Founders Club
    Really something to hang your hat on

    He also never hit 3% for a year

    But what has Trump DONE????????
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  • 2001400ex
    2001400ex Member Posts: 29,457
    RaceBannon said:

    Really something to hang your hat on

    He also never hit 3% for a year

    But what has Trump DONE????????

    Trump hasn't hit 3% for a year either.

    HTH but I know it won't.
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,894 Founders Club
    In his second year

    Fuck what a moron
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  • PurpleThrobber
    PurpleThrobber Member Posts: 48,082
    2001400ex said:

    RaceBannon said:

    Really something to hang your hat on

    He also never hit 3% for a year

    But what has Trump DONE????????

    Trump hasn't hit 3% for a year either.

    HTH but I know it won't.
    Trump needed more tim to get his own tax cuts in there.
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,894 Founders Club


    Trump took office in 2017. Notice anything?

    But what has he DONE??????
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  • 2001400ex
    2001400ex Member Posts: 29,457
    RaceBannon said:



    Trump took office in 2017. Notice anything?

    But what has he DONE??????

    He matched 2015. But what do you notice here?

    photo 5363DC66-FB2C-4F1B-8DD3-B2BE3FCD8DB8_zps6rxktwtp.png
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,894 Founders Club
    I notice that Obama never hit 3% for a year and the growth was cratering before Trump didn't do anything

    Oh and the market is doing great but as an Occupy Wall Street democrat I take no pleasure in the capitalists profiting off the backs of labor
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  • Sledog
    Sledog Member Posts: 37,774 Standard Supporter
    Comies like BHO don't do economics.


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  • 2001400ex
    2001400ex Member Posts: 29,457
    RaceBannon said:

    Notice how he went from growth to the stock market when provided what he asked for


    I agreed with you. Trump and Obama have the same highest growth rate year.
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,894 Founders Club
    Trump has one year Obama had 8

    You're @insinceredawg FS
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  • UWhuskytskeet
    UWhuskytskeet Member Posts: 7,113
    RaceBannon said:

    Trump has one year Obama had 8

    You're @insinceredawg FS

    Trump needs more time post of the day!
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,894 Founders Club
    He is doing fine. More time just means more growth

    I mean, he isn't doing anything anyway. Growth just keeps happening
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  • Southerndawg
    Southerndawg Member, Swaye's Wigwam Posts: 8,346 Founders Club
    RaceBannon said:

    He is doing fine. More time just means more growth

    I mean, he isn't doing anything anyway. Growth just keeps happening

    I'm thinking Melania and Stormy are most qualified to answer the OP's question, but more tim=more growth pretty much guarantees a yes, he has a magic wand.
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  • Pitchfork51
    Pitchfork51 Member Posts: 27,662
    Sledog said:

    Comies like BHO don't do economics.


    I stand with bill
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  • Baseman
    Baseman Member Posts: 12,369
    2nd quarter growth at 4.2%—Great

    What’s the effect on the deficit as a % of GDP? Awesome if we see a decline. The other way, not so much. I dunno...anyone?
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,894 Founders Club
    Baseman said:

    2nd quarter growth at 4.2%—Great

    What’s the effect on the deficit as a % of GDP? Awesome if we see a decline. The other way, not so much. I dunno...anyone?

    So anemic growth for 8 years is cool as long as you only add 10 trillion to the debt?

    But over 4% growth is bad.

    Welcome to Bizarre World
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  • 2001400ex
    2001400ex Member Posts: 29,457
    RaceBannon said:

    Baseman said:

    2nd quarter growth at 4.2%—Great

    What’s the effect on the deficit as a % of GDP? Awesome if we see a decline. The other way, not so much. I dunno...anyone?

    So anemic growth for 8 years is cool as long as you only add 10 trillion to the debt?

    But over 4% growth is bad.

    Welcome to Bizarre World
    I chuckle at the bizarre world comment in the same comment where you blame 10 trillion on the prior administration.
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  • Sledog
    Sledog Member Posts: 37,774 Standard Supporter
    2001400ex said:

    RaceBannon said:

    Baseman said:

    2nd quarter growth at 4.2%—Great

    What’s the effect on the deficit as a % of GDP? Awesome if we see a decline. The other way, not so much. I dunno...anyone?

    So anemic growth for 8 years is cool as long as you only add 10 trillion to the debt?

    But over 4% growth is bad.

    Welcome to Bizarre World
    I chuckle at the bizarre world comment in the same comment where you blame 10 trillion on the prior administration.
    Long term with Obunghole care it was even more. Thanks for reminding us what a totally worthless piece of shit he was.
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,894 Founders Club
    2001400ex said:

    RaceBannon said:

    Baseman said:

    2nd quarter growth at 4.2%—Great

    What’s the effect on the deficit as a % of GDP? Awesome if we see a decline. The other way, not so much. I dunno...anyone?

    So anemic growth for 8 years is cool as long as you only add 10 trillion to the debt?

    But over 4% growth is bad.

    Welcome to Bizarre World
    I chuckle at the bizarre world comment in the same comment where you blame 10 trillion on the prior administration.
    So was it Bush or Trump? Why wouldn't Obama get the blame?
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  • 2001400ex
    2001400ex Member Posts: 29,457
    RaceBannon said:

    2001400ex said:

    RaceBannon said:

    Baseman said:

    2nd quarter growth at 4.2%—Great

    What’s the effect on the deficit as a % of GDP? Awesome if we see a decline. The other way, not so much. I dunno...anyone?

    So anemic growth for 8 years is cool as long as you only add 10 trillion to the debt?

    But over 4% growth is bad.

    Welcome to Bizarre World
    I chuckle at the bizarre world comment in the same comment where you blame 10 trillion on the prior administration.
    So was it Bush or Trump? Why wouldn't Obama get the blame?
    Both. And Congress. Both Republican and Democrat. The wars and Medicare part D cost a shit ton. Obama had the $800 billion stimulus. A lot of the rest was reduced revenues from tax cuts and recession.

    Need more information?
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,894 Founders Club
    I'll just keep this in mind tomorrow when you blame Trump and his tax cuts for the debt or deficit

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  • 2001400ex
    2001400ex Member Posts: 29,457
    RaceBannon said:

    I'll just keep this in mind tomorrow when you blame Trump and his tax cuts for the debt or deficit

    Bookmark it. I'm talking direct actions. And the trend of deficits was reducing when Trump took over. He turned that into increasing deficits. While at the same time growing the economy. I can also point to a direct action of increasing the military budget $80 billion and $26 billion to Farmers. What's your point?
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,894 Founders Club
    2001400ex said:

    RaceBannon said:

    I'll just keep this in mind tomorrow when you blame Trump and his tax cuts for the debt or deficit

    Bookmark it. I'm talking direct actions. And the trend of deficits was reducing when Trump took over. He turned that into increasing deficits. While at the same time growing the economy. I can also point to a direct action of increasing the military budget $80 billion and $26 billion to Farmers. What's your point?

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  • 2001400ex
    2001400ex Member Posts: 29,457
    RaceBannon said:

    2001400ex said:

    RaceBannon said:

    I'll just keep this in mind tomorrow when you blame Trump and his tax cuts for the debt or deficit

    Bookmark it. I'm talking direct actions. And the trend of deficits was reducing when Trump took over. He turned that into increasing deficits. While at the same time growing the economy. I can also point to a direct action of increasing the military budget $80 billion and $26 billion to Farmers. What's your point?

    This is when you know you lost the argument.
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  • HoustonHusky
    HoustonHusky Member Posts: 5,999
    2001400ex said:

    RaceBannon said:

    Baseman said:

    2nd quarter growth at 4.2%—Great

    What’s the effect on the deficit as a % of GDP? Awesome if we see a decline. The other way, not so much. I dunno...anyone?

    So anemic growth for 8 years is cool as long as you only add 10 trillion to the debt?

    But over 4% growth is bad.

    Welcome to Bizarre World
    I chuckle at the bizarre world comment in the same comment where you blame 10 trillion on the prior administration.
    HondoFS is right...it was only $9.3 trillion (and a bunch of legislation that will add more...)
    2001400ex said:

    RaceBannon said:

    I'll just keep this in mind tomorrow when you blame Trump and his tax cuts for the debt or deficit

    Bookmark it. I'm talking direct actions. And the trend of deficits was reducing when Trump took over. He turned that into increasing deficits. While at the same time growing the economy. I can also point to a direct action of increasing the military budget $80 billion and $26 billion to Farmers. What's your point?
    You lie almost as well as BearsDontWin...they went up the last 2 years of Obama.

    But still...
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  • 2001400ex
    2001400ex Member Posts: 29,457
    HoustonHusky said:

    2001400ex said:

    RaceBannon said:

    Baseman said:

    2nd quarter growth at 4.2%—Great

    What’s the effect on the deficit as a % of GDP? Awesome if we see a decline. The other way, not so much. I dunno...anyone?

    So anemic growth for 8 years is cool as long as you only add 10 trillion to the debt?

    But over 4% growth is bad.

    Welcome to Bizarre World
    I chuckle at the bizarre world comment in the same comment where you blame 10 trillion on the prior administration.
    HondoFS is right...it was only $9.3 trillion (and a bunch of legislation that will add more...)
    2001400ex said:

    RaceBannon said:

    I'll just keep this in mind tomorrow when you blame Trump and his tax cuts for the debt or deficit

    Bookmark it. I'm talking direct actions. And the trend of deficits was reducing when Trump took over. He turned that into increasing deficits. While at the same time growing the economy. I can also point to a direct action of increasing the military budget $80 billion and $26 billion to Farmers. What's your point?
    You lie almost as well as BearsDontWin...they went up the last 2 years of Obama.

    But still...
    That technically it's correct. Lowest year was 15. 16 and 17 were higher. And 17, even tho 8 months under Trump, was Obama's last budget.

    That being said, you can't have it both ways. You are blaming Obama for 09 and it's $1.4 trillion deficit (Bush's last budget) AND blaming Obama for 17.
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  • Baphomet
    Baphomet Member Posts: 1,511
    The majority of that GDP growth is book sales by Trump's former aids and associates writing about what a fucking idiot he is.
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