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Thread: About that 3% Growth ....

  1. #1
    INGSOC GURPS's Avatar
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    About that 3% Growth ....

    Nope, Trump has yet to put forth any economic policies ..... but merely getting elected has had a positive effect on business owners confidence *


    Barack Obama Is Now The Only President In History To Never Have A Year Of 3% GDP Growth


    Following today's extremely disappointing US GDP growth data, we have the final nail in the coffin of President Obama's economic reign. Not only is the average annual growth rate of just 1.48% during Obama's business cycle the weakest of any expansion since at least 1949, he has just become the only President to have not had even one year of 3% GDP growth.

    An average annual GDP growth of 1.48% during Obama's two terms... [chart at link]

    As a reminder to a few blinkered media types, this means President Obama's "recovery" has officially been the worst recovery in US history (despite adding almost $10 trillion to the national debt)...


    ........................

    * [queue trolls arguing Trump is benefiting from Obama Policies - Well, which policies sport, which ones specifically, Which Obama Economic Policies Are Responsible For the Current Growth]
    Never attribute to malice that which is adequately explained by stupidity.
    - Robert J. Hanlon.

    “There is a deeply anti-democratic undercurrent to much of the criticism of the new president, borne aloft by an assumption that democracy is too important to be left to the voters.”

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  2. #2
    Note: just to put a finer point on your ignorance...

    You start your post by stating that Trump has done nothing to impact the US economy (which is true). You end your post by claiming that nothing that happened during the Obama presidency has impacted the economy under Trump (that is insipidly stupid).

    If Trump has done nothing, then any actions/inactions taken under previous administration(s) are, by default, charting the course for the economy. You can't have it both ways...

  3. #3
    Awww, jeez Monello's Avatar
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    President Trump's election signaled to the business community that things were going to improve. Harmful regulations are being removed. A friendlier business environment is evident by the uptick in the stock market since the election. Unemployment is down and jobs are being created in order to facilitate business growth.

    Optimism has replaced the pessimism of the previous administration. If you don't believe that, check your 401K statement.
    "Is Uncle Monello homeless?"

    Monello thinks he is king of the forum, now. Just keep that in mind.
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  4. #4
    INGSOC GURPS's Avatar
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    Quote Originally Posted by Monello View Post
    President Trump's election signaled to the business community that things were going to improve. Harmful regulations are being removed. A friendlier business environment is evident by the uptick in the stock market since the election. Unemployment is down and jobs are being created in order to facilitate business growth.

    Optimism has replaced the pessimism of the previous administration. If you don't believe that, check your 401K statement.
    @ Transporter ... is that you TJ


    What He said ... OPTIMISM
    Never attribute to malice that which is adequately explained by stupidity.
    - Robert J. Hanlon.

    “There is a deeply anti-democratic undercurrent to much of the criticism of the new president, borne aloft by an assumption that democracy is too important to be left to the voters.”

    And if a statue can oppress you, then I submit that you have greater issues. - A West.

  5. #5
    Quote Originally Posted by transporter View Post
    Note: just to put a finer point on your ignorance...

    You start your post by stating that Trump has done nothing to impact the US economy (which is true). You end your post by claiming that nothing that happened during the Obama presidency has impacted the economy under Trump (that is insipidly stupid).

    If Trump has done nothing, then any actions/inactions taken under previous administration(s) are, by default, charting the course for the economy. You can't have it both ways...
    With the anti-business Child King gone...things turned around pretty quickly.

    Now if Trump can just get those tax income cuts though..especially the tax rate on pass-through business income...we'll see better than 3% growth.
    You can't be a real country unless you have a beer and an airline. It helps if you have some kind of a football team, or some nuclear weapons, but at the very least you need a beer. -Frank Zappa

  6. #6
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    Quote Originally Posted by GURPS View Post
    the only President to have not had even one year of 3% GDP growth.
    Well, without even looking anything up I can give you two more examples. Harrison and Garfield.

  7. #7
    Repete Pete's Avatar
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    The reduction in regulations has certainly helped. I am still waiting for him to ditch the stupid gas can nozzle EPA mess before I am ready to call it a success.

  8. #8
    Quote Originally Posted by Pete View Post
    The reduction in regulations has certainly helped. I am still waiting for him to ditch the stupid gas can nozzle EPA mess before I am ready to call it a success.
    The what?..
    You can't be a real country unless you have a beer and an airline. It helps if you have some kind of a football team, or some nuclear weapons, but at the very least you need a beer. -Frank Zappa

  9. #9
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    Quote Originally Posted by Gilligan View Post
    The what?..
    Probably means those retracting openings that are so poorly implemented in cheapo Chinese made gas cans that you either have to cut the tip off the spout or remove the spout and risk getting gas all over the place when you poor. And even if they function correctly, you need to tip the can almost upside down to use them, so again you risk taking a gas bath.

  10. #10
    Quote Originally Posted by Clem72 View Post
    Probably means those retracting openings that are so poorly implemented in cheapo Chinese made gas cans that you either have to cut the tip off the spout or remove the spout and risk getting gas all over the place when you poor. And even if they function correctly, you need to tip the can almost upside down to use them, so again you risk taking a gas bath.
    Ahh. I found a source of replacement spouts on eBay and bought a dozen of them. Not only are they plain old fashioned flexible pour spouts with a cap on the end...the kits come with the little yellow vent inserts so you can fix that problem too.
    You can't be a real country unless you have a beer and an airline. It helps if you have some kind of a football team, or some nuclear weapons, but at the very least you need a beer. -Frank Zappa

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