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To: Beave Meister

Hey Mr. HILTZIK....
Funny guy...
Now Suck One!


3 posted on 07/27/2018 5:46:47 PM PDT by Big Red Badger (UNSCANABLE in an IDIOCRACY)
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To: Big Red Badger; Beave Meister
Big Red Badger wrote:

Hey Mr. HILTZIK.... Funny guy... Now Suck One!

To be fair, Hiltzik was talking about sustained growth. In the excerpt above, he said:

The U.S. hasn't had sustained real annual growth (that is, over inflation) of better than 3% since the 1990s, with a brief spurt in 2004 and 2005. Making up the difference from 2% to more than 3% looks like a pipe dream.

The following graph shows GDP growth under Obama and Trump:

GDP Growth under Obama and Trump: 2008-2018q2

The numbers can be seen at http://econdataus.com/gdp_growth_18q2.html. As can be seen, Trump has not yet achieved GDP growth of 3 percent over 4 consecutive quarters. Even the last four quarters, including the current one with 4.1% annualized growth, had a growth of just 2.8 percent.

39 posted on 07/27/2018 10:45:39 PM PDT by remember
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