Bama’s 2.9 was the result of some accounting sleight of hand.
LOL. That’s the best the kenyan did. They are just finishing up a new 7.5 mile road in my neighborhood of NE FL. Going to put 10,000 new homes/townhouse/apartments in that one neighborhood alone. No thanks to Barack Hussein Okenyan.
Obama also told us 19% unemployment and 1% growth were the new normal.
” economic forecasters agree “
You mean the editorial board of the New York Times?
Everything going on now is diversion from this one truth: Trumponomics works like gangbutsters.
Rat party don’t want anyone to notice.
Look at the drudge headline on this when in fact the GDP was higher than expected for the quarter. Trump surpassed expectations.
This is the typical article where they decide what they want to write then select facts to support that premise.
He’s cherry picking the stats, going with the low quarter figures and ignoring those quarters that were close to 4% (Q2, 2018 = 4.2%).
Yeah right.
failed to reach the 3 percent promised land, according to one major metric.
What metric is that? The commiedem wishful thinking metric?
Don’t believe your lying paycheck... just listen to us, your betters.
Any "growth" during the 0bama regime was due to expansion of government, not the real economy.
-PJ
No because Obama’s leftover Q1 dragged the rest of the year down.
Obama’s GDP probably consisted of more government consumption and spending, Trump’s most likely more private. I haven’t looked at the numbers, so I’m speculating. But when Obama spouted improving employment and growth numbers most of it was government employees a d healthcare costs.
Obamas 2.9 was a result of when they chose to count the forced expenditures related to OBamacare... he never had any real growth byond low to mid 2...with most under 2
What a crock.. CNBC knows this too...
The only income group that gained under Obama was the top 10 percent.
You know it’s the strangest thing......as a consultant for banks and large companies, I noticed the job market sucked eggs long after the MSM told me we were in s recovery. Any “recovery” was nowhere to be seen for me. I had to take whatever projects I could get for whatever peanuts they cared to pay me. I was making less in 2016 than so had made in 2006.
There was a remarkable change that became very noticeable in the Fall of 2017. Suddenly I was getting to take my pick of multiple offers whenever I finished one project. My income has gone up steadily to the point that it’s a staggering 2/3rd higher than it was 2 years ago. But the MSM tells me the economy isn’t that good really! Oh and we’re headed for a slow down any day now. Honest!
Gosh, who to believe......them or my lyin’ eyes......
2018 GDP growth came in at a solid 3.1%. Obozo never even came close to 3% for any year in his entire 8 years in office. Even the rabid Trump haters at Yahoo got it right.
“In the fourth-quarter, U.S. gross domestic product grew at an annualized rate of 2.6%, according to the latest data from the Bureau of Economic Analysis.
Thursday’s report beat expectations, with consensus economists polled by Bloomberg looking for growth to slow to 2.2% during the final three months of the year. The domestic economy grew at a pace of 3.4% in the third quarter and 4.2% in the second quarter
Despite the softening in GDP in the fourth quarter, overall growth in 2018 was solid. Real GDP grew at a pace of 3.1% in 2018, measured from the fourth quarter of 2017 to the final quarter of 2018. This represented a stronger pace of annual growth than the 3% targeted by the Trump administration.”