GDP grows 4.1 percent in 2nd quarter of 2018

Discussion in 'General Discussion' started by Bandit99, Jul 27, 2018.


  1. Bandit99

    Bandit99 Monkey+++ Site Supporter+

    Hope everyone saw this for it's a big deal...Here's a link and a portion of the article. I wonder why we're not hearing more about this from the media?


    GDP grows 4.1 percent in second quarter
    "FBN's Stuart Varney says the GDP growth is a 'big Trump win.'

    Early in his presidency, when Donald Trump said U.S. gross domestic product (GDP) would exceed 3 percent growth, the supposed experts in the mainstream media claimed such growth would most likely be impossible.

    In fact, the experts claimed unemployment would have to reach zero percent and immigration would have to double to meet such a high growth rate (despite the fact that 3.22 percent has been the average GDP growth rate over the last 71 years).

    Well, according to the U.S. Department of Commerce on Friday, “real gross domestic product increased at an annual rate of 4.1 percent in the second quarter of 2018.”

    It seems President Trump has once again achieved the impossible.

    As it turns out, despite refrains from the elites in the media and establishment, the self-made billionaire who now leads our country knows quite a bit about creating a healthy economy.

    As I explained Friday during a Facebook Live talk, the president’s massive deregulation effort, his success in cutting taxes on individuals and businesses, and his plan to renegotiate our international trade agreements have started to pay dividends."



    Newt Gingrich: Trump’s GDP achieves Mission Impossible (and shocks his critics)
     
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  2. SB21

    SB21 Monkey+++

    I listened to a video today that explained , that 1 point in the GDP amounted to around 1 trillion dollars in workers earnings. That's a lot of money back into the economy . Actually , pretty amazing. Will it last ?? I doubt it , I just hope it doesn't completely crash .
    Remember back during the campaigning , Trump saying he would bring jobs back to America , would create new jobs in America ?? Remember the speech Odumbass gave saying " How does Trump think he's going to bring jobs back , how does he think he's going to create new jobs , does he have a magic wand or something ?? Why yes Odumbass , he does have a magic wand ,,,,it's called being an American Patriot , it's called American Pride , it's called caring for America and its people , it's called American ingenuity ,,, neither of which you have , you had 8 years to show 1 small speck of either of these , and you failed. Now , just go away .
     
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  3. Dunerunner

    Dunerunner Brewery Monkey Moderator

    It would be so sweet if this freight train economy just kept rolling! Just to be able to watch all the heads explode. :)
     
  4. ghrit

    ghrit Bad company Administrator Founding Member

    I do NOT want a spurt. I want slow, steady, long lasting growth. Spurts drop as fast as they rise. (GO!! GO!!)
     
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  5. Bandit99

    Bandit99 Monkey+++ Site Supporter+

    I think if the November elections go well that Trump is really going to put pedal to the metal. I honestly think he is just getting warmed up so who can really say what can be done if someone really doesn't give a damn about party politics and tries to actually get something done...for a change, for a big change. We are all so use to bad news that we forget there is very little this country can't do if we have a decent leader and the people are behind him/her...which we haven't had for many a year, until perhaps now. He has warts but he knows and understands business, loves the country, and appears to be trying to use his powers to straighten some of our bad business dealings, stupid/archaic laws, and right a few wrongs. In my book, he is acting like a real president...so he can bang all the porn stars he wants, like anyone really cares...
     
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  6. Big Ron

    Big Ron Monkey+++

    Just imagine if the old swamp critters and about half of the country with the Liberal loons actually supported success. It's about been a giant uphill battle since the election. I remember that debate when Hillary kept asking if Trump would accept the election results?
    If she had told people that she lost and to accept the results the country would be better off. I listen to this Trump hate crap at work from people every day. It's hard to believe they are Americans with a set of balls.
     
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  7. oil pan 4

    oil pan 4 Monkey+++

    Where are all the trump haters to tell us why this is bad?
     
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  8. 3M-TA3

    3M-TA3 Cold Wet Monkey

    They are too busy reading stories about a lawyer who recorded his clients without their knowledge that's going to testify as part of a plea bargain without any supporting evidence that a former client may have lied even though no crime was actually committed even if his testimony is true. It's amazing that it only took two years to get this far...
     
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