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-   -   The economy grew at its slowest rate in 3 years since Trump became President (https://gfy.com/showthread.php?t=1260163)

RedFred 04-30-2017 11:09 AM

The economy grew at its slowest rate in 3 years since Trump became President
 
But his followers believe the economy is now better than its ever been.


The U.S. economy grew at its weakest pace in three years in the first quarter

Consumer Spending Is at Its Slowest Pace Since 2009

The U.S. economy grew at its weakest pace in three years in the first quarter as consumer spending barely increased and businesses invested less on inventories, in a potential setback to President Donald Trump's promise to boost growth.

Gross domestic product increased at a 0.7 percent annual rate also, as the government further cut defense spending, the Commerce Department said on Friday in its advance estimate. That was the weakest performance since the first quarter of 2014.

Bladewire 04-30-2017 11:15 AM

Redhats Googling excuses or will call reality fake out of desperation, yet again.

Fat Panda 04-30-2017 11:35 AM

rofl they aint trumpos gdp numbers till at least Q1 2018

pimpmaster9000 04-30-2017 11:40 AM

MAGA any day now...

Bladewire 04-30-2017 11:58 AM

Quote:

Originally Posted by Fat Panda (Post 21738223)
rofl they aint trumpos gdp numbers till at least Q1 2018

Told you! :1orglaugh:1orglaugh

And when Q1 2018 arrives there'll be more excuses.

Hint: The economy doesn't thrive on instability.

Grapesoda 04-30-2017 12:55 PM

Quote:

Originally Posted by RedFred (Post 21738166)
But his followers believe the economy is now better than its ever been.


The U.S. economy grew at its weakest pace in three years in the first quarter

Consumer Spending Is at Its Slowest Pace Since 2009

The U.S. economy grew at its weakest pace in three years in the first quarter as consumer spending barely increased and businesses invested less on inventories, in a potential setback to President Donald Trump's promise to boost growth.

Gross domestic product increased at a 0.7 percent annual rate also, as the government further cut defense spending, the Commerce Department said on Friday in its advance estimate. That was the weakest performance since the first quarter of 2014.

dude that is right up there with the dumbest shit I've read in my life... comparing 3 years against 100 days...

https://s-media-cache-ak0.pinimg.com...b19336ee38.jpg

Grapesoda 04-30-2017 12:57 PM

Quote:

Originally Posted by Bladewire (Post 21738271)
Told you! :1orglaugh:1orglaugh

And when Q1 2018 arrives there'll be more excuses.

Hint: The economy doesn't thrive on instability.

you mean like the instability of not knowing who's a man and who's a woman and what pisser to use? that's pretty stressful for sure.. look how fucked up you are... :1orglaugh

http://www.azquotes.com/picture-quot...w-60-59-15.jpg

kane 04-30-2017 01:06 PM

It's interesting to me. Trump and his supporters certainly haven't held back giving him credit for the stock market going up or the few good jobs reports that came in right after he took office, but now that there is a little bit of bad news suddenly it's not his fault.

Bladewire 04-30-2017 01:24 PM

Quote:

Originally Posted by kane (Post 21738427)
It's interesting to me. Trump and his supporters certainly haven't held back giving him credit for the stock market going up or the few good jobs reports that came in right after he took office, but now that there is a little bit of bad news suddenly it's not his fault.

Trump will never take responsibility for the negative results of his actions and his alt-right redhat supporters will never hold him accountable because Trump has given them the gift of being openly racist, antisemitic & xenophobic and for that they'll be eternally grateful & loyal.

directfiesta 04-30-2017 04:58 PM

As for job creation , well ..... inflated numbers ... as usual ... like the crowds ....

Trump Jobs: How Many the President Actually Created | Fortune.com

GFED 04-30-2017 05:18 PM

The stupidity never ends with you people. It's like a fucking disease.

Vendzilla 04-30-2017 05:26 PM

Quote:

Originally Posted by directfiesta (Post 21738736)
As for job creation , well ..... inflated numbers ... as usual ... like the crowds ....

Trump Jobs: How Many the President Actually Created | Fortune.com

Here's where I have a problem with your link, they are adamant in saying that he didn't take office till Jan 20. That he can't take credit for anything after that. The deals that he claims to have made were announced before he was president and the stock market rallied before he took president because both saw a better future for business under him, so I call BS

Bladewire 04-30-2017 05:37 PM

Quote:

Originally Posted by Vendzilla (Post 21738790)
Here's where I have a problem with your link, they are adamant in saying that he didn't take office till Jan 20. That he can't take credit for anything after that. The deals that he claims to have made were announced before he was president and the stock market rallied before he took president because both saw a better future for business under him, so I call BS

What failures & disapointments can Trump take credit for, from your perspective?

Rochard 04-30-2017 09:19 PM

Quote:

Originally Posted by kane (Post 21738427)
It's interesting to me. Drumpf and his supporters certainly haven't held back giving him credit for the stock market going up or the few good jobs reports that came in right after he took office, but now that there is a little bit of bad news suddenly it's not his fault.

Amazing how that works, isn't it? A Republican is in office and magically all of the problems we had last year no longer exist.

I can't wait to see where unemployment is a year or two from now.

TheSquealer 04-30-2017 09:36 PM

Quote:

Originally Posted by kane (Post 21738427)
It's interesting to me. Trump and his supporters certainly haven't held back giving him credit for the stock market going up or the few good jobs reports that came in right after he took office, but now that there is a little bit of bad news suddenly it's not his fault.

Stock markets spike on the news of the day. Job creation and economic growth do not and presidents don't impact job numbers in the first couple months of taking office. You're smarter than this.

Obama blamed Bush for the slowest economic recovery in 3/4's of a century for nearly 8 years. I guess it was actually Obamas fault after all?

kane 04-30-2017 10:19 PM

Quote:

Originally Posted by TheSquealer (Post 21738997)
Stock markets spike on the news of the day. Job creation and economic growth do not and presidents don't impact job numbers in the first couple months of taking office. You're smarter than this.

Obama blamed Bush for the slowest economic recovery in 3/4's of a century for nearly 8 years. I guess it was actually Obamas fault after all?

Once Obama took office and passed his stimulus plan and got his economic plans put into action, he owned the economy. Whether it did good or bad was on him.

The same goes for now. Trump hasn't passed any economic legislation. He has made some threats and some deals and signed a few executive orders, but the things that are happening right now and that have been happening for the last few months have little or nothing to do with him. That didn't stop him from taking credit for it, but as soon as something not-so-great comes along, he blames Obama.

I know every president does it, it just amuses me to see it happen. Just like the Republicans who have been silent about their last 8 years of obstructionism are suddenly very much against it when it is being used against them.

Paul Markham 05-01-2017 12:01 AM

Quote:

Originally Posted by Grapesoda (Post 21738406)
dude that is right up there with the dumbest shit I've read in my life... comparing 3 years against 100 days...

https://s-media-cache-ak0.pinimg.com...b19336ee38.jpg

I'm afraid some are that stupid.

Paul Markham 05-01-2017 12:04 AM

Quote:

Originally Posted by Rochard (Post 21738982)
Amazing how that works, isn't it? A Republican is in office and magically all of the problems we had last year no longer exist.

I can't wait to see where unemployment is a year or two from now.

Job creation has nothing to do with the economy. It's about what the wages are in the present and future jobs. And by that graph, things are not looking good.


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