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3rd Quarter GDP Estimate: Rises To Whopping 4.6%

#1

Atlanta Fed Releases Latest 3rd Quarter GDP Estimate: Rises To Whopping 4.6%

The economy will make all the difference in the Midterms election in November. So let’s get out the vote and give the President energy to keep fulfilling all his promises. We’re going to win again despite what the polls say.

https://eaglerising.com/61893/3rd-quarter-gdp-4-6/
You know trouble is right around the corner when your best friend tells you to hold his beer!!
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#2

Barry Obama never even sniffed 3% GDP during his 8 year term.

If 4.6% 3Q GDP really happened, Trump could have a 4th quarter of 1.4% growth and still have over 3% GDP growth his 2nd year in office.
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#3

(08-28-2018, 04:05 PM)StroudCrowd1 Wrote: Barry Obama never even sniffed 3% GDP during his 8 year term.

If 4.6% 3Q GDP really happened, Trump could have a 4th quarter of 1.4% growth and still have over 3% GDP growth his 2nd year in office.

Obama only signed the acts that brought America out of the Great Recession and started our economy trending positively, resulting in GDP growth every year of his second term.

Man, it must be amazing to ride the coattails of someone with actual economic sense.  Good for Trump to reap all the reward from the ignorant masses.
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#4
(This post was last modified: 08-28-2018, 04:23 PM by StroudCrowd1.)

(08-28-2018, 04:14 PM)JaguarKick Wrote:
(08-28-2018, 04:05 PM)StroudCrowd1 Wrote: Barry Obama never even sniffed 3% GDP during his 8 year term.

If 4.6% 3Q GDP really happened, Trump could have a 4th quarter of 1.4% growth and still have over 3% GDP growth his 2nd year in office.

Obama only signed the acts that brought America out of the Great Recession and started our economy trending positively, resulting in GDP growth every year of his second term.

Man, it must be amazing to ride the coattails of someone with actual economic sense.  Good for Trump to reap all the reward from the ignorant masses.

But you don't dispute the fact Obama never sniffed 3% GDP. Got it.

If convincing yourself that Obama assisted the current economy makes you sleep better at night, then so be it. This roaring economy has nothing to do with the crippling regulations Trump slashed or tax reform.

Make sure you pull your head out of the sand and come up for air every so often.

Edit: Oh, and if the economy were in the crapper, Obama would have nothing to do with that, right?
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#5

(08-28-2018, 04:18 PM)StroudCrowd1 Wrote: But you don't dispute the fact Obama never sniffed 3% GDP. Got it.

If convincing yourself that Obama assisted the current economy makes you sleep better at night, then so be it. This roaring economy has nothing to do with the crippling regulations Trump slashed or tax reform.

Make sure you pull your head out of the sand and come up for air every so often.

Edit: Oh, and if the economy were in the crapper, Obama would have nothing to do with that, right?

Did you lose your job and foreclose during the Obama era?  Actually, there's nothing wrong with that given the near-depression economy that he inherited .... but wow, you must have really fallen on hard times to be that bitter toward an administration that recognized 100% increase the DOW and nearly 40% home value increases (from 2008 to 2016) in the Florida Housing Market.
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#6
(This post was last modified: 08-28-2018, 04:54 PM by StroudCrowd1.)

(08-28-2018, 04:42 PM)HURRICANE!!! Wrote:
(08-28-2018, 04:18 PM)StroudCrowd1 Wrote: But you don't dispute the fact Obama never sniffed 3% GDP. Got it.

If convincing yourself that Obama assisted the current economy makes you sleep better at night, then so be it. This roaring economy has nothing to do with the crippling regulations Trump slashed or tax reform.

Make sure you pull your head out of the sand and come up for air every so often.

Edit: Oh, and if the economy were in the crapper, Obama would have nothing to do with that, right?

Did you lose your job and foreclose during the Obama era?  Actually, there's nothing wrong with that given the near-depression economy that he inherited .... but wow, you must have really fallen on hard times to be that bitter toward an administration that recognized 100% increase the DOW and nearly 40% home value increases (from 2008 to 2016) in the Florida Housing Market.

Actually, quite the opposite. I capitalized on foreclosures.

(08-28-2018, 04:42 PM)HURRICANE!!! Wrote:
(08-28-2018, 04:18 PM)StroudCrowd1 Wrote: But you don't dispute the fact Obama never sniffed 3% GDP. Got it.

If convincing yourself that Obama assisted the current economy makes you sleep better at night, then so be it. This roaring economy has nothing to do with the crippling regulations Trump slashed or tax reform.

Make sure you pull your head out of the sand and come up for air every so often.

Edit: Oh, and if the economy were in the crapper, Obama would have nothing to do with that, right?

Did you lose your job and foreclose during the Obama era?  Actually, there's nothing wrong with that given the near-depression economy that he inherited .... but wow, you must have really fallen on hard times to be that bitter toward an administration that recognized 100% increase the DOW and nearly 40% home value increases (from 2008 to 2016) in the Florida Housing Market.

Peoples inability to give Trump credit for ANYTHING is highly annoying. To pretend Trump has nothing to do with the current economy nearly 2 years since he was elected is just silly. At what point does Trump own the economy in the eyes of the loony left?
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#7

(08-28-2018, 04:50 PM)StroudCrowd1 Wrote:
(08-28-2018, 04:42 PM)HURRICANE!!! Wrote: Did you lose your job and foreclose during the Obama era?  Actually, there's nothing wrong with that given the near-depression economy that he inherited .... but wow, you must have really fallen on hard times to be that bitter toward an administration that recognized 100% increase the DOW and nearly 40% home value increases (from 2008 to 2016) in the Florida Housing Market.

Actually, quite the opposite. I capitalized on foreclosures.

(08-28-2018, 04:42 PM)HURRICANE!!! Wrote: Did you lose your job and foreclose during the Obama era?  Actually, there's nothing wrong with that given the near-depression economy that he inherited .... but wow, you must have really fallen on hard times to be that bitter toward an administration that recognized 100% increase the DOW and nearly 40% home value increases (from 2008 to 2016) in the Florida Housing Market.

Peoples inability to give Trump credit for ANYTHING is highly annoying. To pretend Trump has nothing to do with the current economy nearly 2 years since he was elected is just silly. At what point does Trump own the economy in the eyes of the loony left?

Have you given similar credit to Obama?
My fellow southpaw Mark Brunell will probably always be my favorite Jaguar.
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#8

The left must be thinking of all those shovel ready jobs Barry kept saying were there
You know trouble is right around the corner when your best friend tells you to hold his beer!!
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#9

(08-28-2018, 04:59 PM)mikesez Wrote:
(08-28-2018, 04:50 PM)StroudCrowd1 Wrote: Actually, quite the opposite. I capitalized on foreclosures.


Peoples inability to give Trump credit for ANYTHING is highly annoying. To pretend Trump has nothing to do with the current economy nearly 2 years since he was elected is just silly. At what point does Trump own the economy in the eyes of the loony left?

Have you given similar credit to Obama?

Credit for what? There was only one way to go after 2008 and that was up. Again, even 7 years later, he never hit 3% growth. 

Hell, Barry even referred to the sluggish economy as the "new normal".
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#10

(08-28-2018, 05:08 PM)StroudCrowd1 Wrote:
(08-28-2018, 04:59 PM)mikesez Wrote: Have you given similar credit to Obama?

Credit for what? There was only one way to go after 2008 and that was up. Again, even 7 years later, he never hit 3% growth. 

Hell, Barry even referred to the sluggish economy as the "new normal".

There are plenty of Venezuelans in Florida now. Find one ans tell them you think there was only one way for the US to go in 2008, that it couldn't have been worse.  They're a nice bunch usually so they won't laugh in your face but they will tell you you're wrong.
My fellow southpaw Mark Brunell will probably always be my favorite Jaguar.
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#11
(This post was last modified: 08-28-2018, 07:16 PM by jj82284.)

(08-28-2018, 04:14 PM)JaguarKick Wrote:
(08-28-2018, 04:05 PM)StroudCrowd1 Wrote: Barry Obama never even sniffed 3% GDP during his 8 year term.

If 4.6% 3Q GDP really happened, Trump could have a 4th quarter of 1.4% growth and still have over 3% GDP growth his 2nd year in office.

Obama only signed the acts that brought America out of the Great Recession and started our economy trending positively, resulting in GDP growth every year of his second term.

Man, it must be amazing to ride the coattails of someone with actual economic sense.  Good for Trump to reap all the reward from the ignorant masses.

Lol...  You actually believe that don't u?  

Riddle me this.  What did the community organizer organize?  

What is a government sponsored entity and how does that correlate to barracks Obama's economic philosophy.

(08-28-2018, 05:18 PM)mikesez Wrote:
(08-28-2018, 05:08 PM)StroudCrowd1 Wrote: Credit for what? There was only one way to go after 2008 and that was up. Again, even 7 years later, he never hit 3% growth. 

Hell, Barry even referred to the sluggish economy as the "new normal".

There are plenty of Venezuelans in Florida now. Find one ans tell them you think there was only one way for the US to go in 2008, that it couldn't have been worse.  They're a nice bunch usually so they won't laugh in your face but they will tell you you're wrong.

Oh wow....  Mike...  R u sure?
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#12

(08-28-2018, 05:18 PM)mikesez Wrote:
(08-28-2018, 05:08 PM)StroudCrowd1 Wrote: Credit for what? There was only one way to go after 2008 and that was up. Again, even 7 years later, he never hit 3% growth. 

Hell, Barry even referred to the sluggish economy as the "new normal".

There are plenty of Venezuelans in Florida now. Find one ans tell them you think there was only one way for the US to go in 2008, that it couldn't have been worse.  They're a nice bunch usually so they won't laugh in your face but they will tell you you're wrong.

You are right. Had Obama had his way and congress not acted responsibly the US would have gone the way of Venezuela. Hugo Chavez was a hero to the Leftist 2/3 of the Dems, at least until his policies ran their course.


So yes, there was another way for the US to go. Fortunately, Obama blew all of his political capital on the Affordable Care act and never got the opportunity to complete his Venezuelan-inspired transformation of the US.



                                                                          

"Why should I give information to you when all you want to do is find something wrong with it?"
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#13
(This post was last modified: 08-28-2018, 08:26 PM by HURRICANE!!!.)

(08-28-2018, 04:14 PM)JaguarKick Wrote:
(08-28-2018, 04:05 PM)StroudCrowd1 Wrote: Barry Obama never even sniffed 3% GDP during his 8 year term.

If 4.6% 3Q GDP really happened, Trump could have a 4th quarter of 1.4% growth and still have over 3% GDP growth his 2nd year in office.

Obama only signed the acts that brought America out of the Great Recession and started our economy trending positively, resulting in GDP growth every year of his second term.

Man, it must be amazing to ride the coattails of someone with actual economic sense.  Good for Trump to reap all the reward from the ignorant masses.

Like Barry Switzer following Jimmy Johnson

Like George Seifert following Bill Walsh

.... hopefully, in Trumps case, he doesn't flame out after a few years like Switzer & Seifert.  Nobody is rooting for that (except for wealthy people with cash assets so they can invest during a financial crisis) !!!
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#14
(This post was last modified: 08-28-2018, 08:36 PM by jj82284.)

(08-28-2018, 07:25 PM)MalabarJag Wrote:
(08-28-2018, 05:18 PM)mikesez Wrote: There are plenty of Venezuelans in Florida now. Find one ans tell them you think there was only one way for the US to go in 2008, that it couldn't have been worse.  They're a nice bunch usually so they won't laugh in your face but they will tell you you're wrong.

You are right. Had Obama had his way and congress not acted responsibly the US would have gone the way of Venezuela. Hugo Chavez was a hero to the Leftist 2/3 of the Dems, at least until his policies ran their course.


So yes, there was another way for the US to go. Fortunately, Obama blew all of his political capital on the Affordable Care act and never got the opportunity to complete his Venezuelan-inspired transformation of the US.

Ewwwww ..i asked if he was sure.  Great post mal

(08-28-2018, 08:26 PM)HURRICANE!!! Wrote:
(08-28-2018, 04:14 PM)JaguarKick Wrote: Obama only signed the acts that brought America out of the Great Recession and started our economy trending positively, resulting in GDP growth every year of his second term.

Man, it must be amazing to ride the coattails of someone with actual economic sense.  Good for Trump to reap all the reward from the ignorant masses.

Like Barry Switzer following Jimmy Johnson

Like George Seifert following Bill Walsh

.... hopefully, in Trumps case, he doesn't flame out after a few years like Switzer & Seifert.  Nobody is rooting for that (except for wealthy people with cash assets so they can invest during a financial crisis) !!!

So sad....  They TEACH this propaganda.
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#15

(08-28-2018, 04:05 PM)StroudCrowd1 Wrote: Barry Obama never even sniffed 3% GDP during his 8 year term.

If 4.6% 3Q GDP really happened, Trump could have a 4th quarter of 1.4% growth and still have over 3% GDP growth his 2nd year in office.

I would consider 2.9% growth in 2015 "sniffing" 3%. That aside, the economy is humming under Trump. Pretty good chance we will see over 3.5% annual GDP growth for 2018. If this continues, I don't see him losing re-election, despite the other distractions.
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#16

Seems to be similar to growth here in Australia. I should praise our former prime Minister but his tax cuts didn't pass the Senate.

So turns out china is way more important than any national policy decisions
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#17

(08-28-2018, 04:50 PM)StroudCrowd1 Wrote:
(08-28-2018, 04:42 PM)HURRICANE!!! Wrote: Did you lose your job and foreclose during the Obama era?  Actually, there's nothing wrong with that given the near-depression economy that he inherited .... but wow, you must have really fallen on hard times to be that bitter toward an administration that recognized 100% increase the DOW and nearly 40% home value increases (from 2008 to 2016) in the Florida Housing Market.

Actually, quite the opposite. I capitalized on foreclosures.

(08-28-2018, 04:42 PM)HURRICANE!!! Wrote: Did you lose your job and foreclose during the Obama era?  Actually, there's nothing wrong with that given the near-depression economy that he inherited .... but wow, you must have really fallen on hard times to be that bitter toward an administration that recognized 100% increase the DOW and nearly 40% home value increases (from 2008 to 2016) in the Florida Housing Market.

Peoples inability to give Trump credit for ANYTHING is highly annoying. To pretend Trump has nothing to do with the current economy nearly 2 years since he was elected is just silly. At what point does Trump own the economy in the eyes of the loony left?

1 day after it goes bad, whether thats next month, next year, next decade or any other point in the future. Same as with Reagan.
“An empty vessel makes the loudest sound, so they that have the least wit are the greatest babblers.”. - Plato

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#18

(08-28-2018, 10:24 PM)lastonealive Wrote: Seems to be similar to growth here in Australia. I should praise our former prime Minister but his tax cuts didn't pass the Senate.

So turns out china is way more important than any national policy decisions

Admittedly, I know very little about Australian GDP growth, but I just read it topped out at 3.1% this year. That isn't similar growth to 4%+, much less the estimated 4.6%.
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#19

(08-29-2018, 01:10 AM)JagNGeorgia Wrote:
(08-28-2018, 10:24 PM)lastonealive Wrote: Seems to be similar to growth here in Australia. I should praise our former prime Minister but his tax cuts didn't pass the Senate.

So turns out china is way more important than any national policy decisions

Admittedly, I know very little about Australian GDP growth, but I just read it topped out at 3.1% this year. That isn't similar growth to 4%+, much less the estimated 4.6%.

Think you may be going off Australia's actual growth vs predicted for the US. Pretty sure a politician here this week was saying Australia was growing quicker than any g7 economy but obviously politicians figures shouldn't be accepted blindly.

Anyway my point is that it's obviously good news. But if Trump was in power when Bush was do you honestly believe there wouldn't have been a recession?

Or maybe the whole world needs to thank Trump? Which is weird because he's slapping tariffs on countries
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#20
(This post was last modified: 08-29-2018, 07:03 AM by mikesez.)

(08-28-2018, 07:25 PM)MalabarJag Wrote:
(08-28-2018, 05:18 PM)mikesez Wrote: There are plenty of Venezuelans in Florida now. Find one ans tell them you think there was only one way for the US to go in 2008, that it couldn't have been worse.  They're a nice bunch usually so they won't laugh in your face but they will tell you you're wrong.

You are right. Had Obama had his way and congress not acted responsibly the US would have gone the way of Venezuela. Hugo Chavez was a hero to the Leftist 2/3 of the Dems, at least until his policies ran their course.


So yes, there was another way for the US to go. Fortunately, Obama blew all of his political capital on the Affordable Care act and never got the opportunity to complete his Venezuelan-inspired transformation of the US.

That's simply not true.  The only things Obama wanted that he wasn't able to get in his final six years were slightly higher spending, slightly higher taxes, and an immigration amnesty.
I'm not saying any of these things are good, but, none of those things are anything like what Venezuela has.
In Venezuela, the government owns oil companies and food processing, has price controls on food and gas, and doesn't let you import anything without completing a lot of paperwork proving that you tried to have it made in Venezuela. 
Obama came into office with the government owning AIG, GM, and Chrysler.  Hugo Chavez would have called that a good start.  Obama sold these assets back to the private market.  He was not a socialist.
My fellow southpaw Mark Brunell will probably always be my favorite Jaguar.
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