jimnyc
02-28-2019, 10:59 AM
Of course quite a few Dems claim they need to take over in 2020 to fix the economy that Trump is ruining. :rolleyes:
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Third Quarter GDP Bests Expectations at 2.6% – Trump Increases the Annual GDP Growth Rate to 3.1%
As we counted down to the November 8th 2016 election, we listed 30 reasons in 30 days to vote for Donald Trump for President of the US. One of our top reasons was because of Obama’s Abysmal GDP Growth Rate. Today President Trump showed us why we listed this as a top reason to vote for Donald Trump for President.
The fourth quarter GDP number was released on Thursday and beat expectations at 2.6%. Economists expected a 2.2% GDP rate.
CNBC says the GDP report was only preliminary, it would mean average growth for the year was 3.1 percent.
The rate of real economic growth is the single greatest determinate of both America’s strength as a nation and the well-being of the American people.
From 1790 to 2000, U.S. GDP growth averaged 3.79% . America needs at least 3.0% economic growth-the nation cannot defend itself and pay its bills without it. However, America’s elites have largely given up on growth, and are now distracting themselves with academic musings about “secular stagnation.”
Ronald Reagan brought forth an annual real GDP growth of 3.5% . Barack Obama, with his abysmal policies, was lucky to average a GDP growth rate of slightly greater than 1%.
Obama ranked as the fourth worst presidency on record in GDP growth at 1.457% . Only Herbert Hoover (-5.65% ), Andrew Johnson (-0.70% ) and Theodore Roosevelt (1.41% ) had lower average annual GDP growth than Barack Obama.
The Commerce Department announced in the first quarter of 2016 that the US economy expanded at the slowest pace in two years with a GDP growth rate of an anemic 0.5% . The second quarter GDP growth rate was not much better at 1.2% . (The 3rd quarter GDP rate was not yet announced by the time we drafted our post before the 2016 election.)
Rest - https://www.thegatewaypundit.com/2019/02/president-trump-does-what-obama-said-was-impossible-he-increases-the-annual-gdp-growth-rate-to-2-9/
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Third Quarter GDP Bests Expectations at 2.6% – Trump Increases the Annual GDP Growth Rate to 3.1%
As we counted down to the November 8th 2016 election, we listed 30 reasons in 30 days to vote for Donald Trump for President of the US. One of our top reasons was because of Obama’s Abysmal GDP Growth Rate. Today President Trump showed us why we listed this as a top reason to vote for Donald Trump for President.
The fourth quarter GDP number was released on Thursday and beat expectations at 2.6%. Economists expected a 2.2% GDP rate.
CNBC says the GDP report was only preliminary, it would mean average growth for the year was 3.1 percent.
The rate of real economic growth is the single greatest determinate of both America’s strength as a nation and the well-being of the American people.
From 1790 to 2000, U.S. GDP growth averaged 3.79% . America needs at least 3.0% economic growth-the nation cannot defend itself and pay its bills without it. However, America’s elites have largely given up on growth, and are now distracting themselves with academic musings about “secular stagnation.”
Ronald Reagan brought forth an annual real GDP growth of 3.5% . Barack Obama, with his abysmal policies, was lucky to average a GDP growth rate of slightly greater than 1%.
Obama ranked as the fourth worst presidency on record in GDP growth at 1.457% . Only Herbert Hoover (-5.65% ), Andrew Johnson (-0.70% ) and Theodore Roosevelt (1.41% ) had lower average annual GDP growth than Barack Obama.
The Commerce Department announced in the first quarter of 2016 that the US economy expanded at the slowest pace in two years with a GDP growth rate of an anemic 0.5% . The second quarter GDP growth rate was not much better at 1.2% . (The 3rd quarter GDP rate was not yet announced by the time we drafted our post before the 2016 election.)
Rest - https://www.thegatewaypundit.com/2019/02/president-trump-does-what-obama-said-was-impossible-he-increases-the-annual-gdp-growth-rate-to-2-9/