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Msg ID: 2748060 GDP posts 2.3% Growth +4/-1     
Author:bladeslap
10/27/2022 9:34:36 PM

Economy surged 2.3% surprising everybody at how strong the economy is



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Msg ID: 2748064 GDP posts 2.3% Growth +2/-3     
Author:Old Guy
10/27/2022 10:08:17 PM

Reply to: 2748060

This is actually good news and I posted this news below.

But it does not indicate a strong economy, just the opposite.

A strong economy would produce much more than a few percent growth.

If this was all that Trump would have had, you never would call it a surge and strong.

The big increase in GDP comes from government spending, not income in the private sector.

For example, Apples income for the first time ever not in the double digits.

The stock market did not respond that well with the GDP growth news.

But it did move the correct direction, for a change.

 



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Msg ID: 2748068 Trump's administration's first year GDP growth was 2.26%. Not the 4% he  +4/-0     
Author:TheCrow
10/27/2022 10:38:47 PM

Reply to: 2748064

Trump's administration's first year GDP growth was 2.26%. Not the 4% he promised as easily achievable. 

2018 saw 2.92% GDP growth. Again, not 4%. Maybe Trump is a bullshitter?

Surely he hit the 4% mark promised in 2019? Nope- 2.29%.

Trump is a bullshitter.

2020 proves that and proves that he is careless in his bullsh:

Jan. 22: A reporter asks if there are worries about a pandemic. Trump responds:

“No. Not at all. And we have it totally under control. It’s one person coming in from China, and we have it under control. It’s — going to be just fine.”

Jan. 24: Trump tweets, “It will all work out well.”

The result was a contraction of 3.4% in GDP, resor unemplyment and a million dead Americans.

 

The Mar a Lago Moron....

 

 



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Msg ID: 2748108 GDP posts 2.3% Growth +1/-2     
Author:Old Guy
10/28/2022 2:19:22 PM

Reply to: 2748060

Yes we had some growth, the economic growth for the entirety of 2022 now stands at .08%.

unfortunately economists don't see any positive indicators.

 

More News for the week!

what is happening with Amazon?  Big loss so far today!  Disappointing earnings and growth for tech companies.

To bad about the Pelosi family,  kind of strange, need to see what the final story is.

Republicans have 73 election lawsuits in 20 states, ranging from poll watcher rights to the counting of mismarked absentee ballots.  Example, Drop boxes must now have security, in Georgia.   All trying to reduce the widespread fraud from the left.

 

 



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