Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

AP, CNN and Bloomberg Fact Checkers Claimed Economy Couldn't Hit 4%
Front Page ^ | December 19, 2017 | Daniel Greenfield

Posted on 12/19/2017 12:32:04 PM PST by detective

The media's fact checkers just got fact checked by reality.

The New York Federal Reserve on Friday raised its estimate of U.S. gross domestic product growth for the fourth quarter of 2017 closer to 4 percent, based on revisions of prior data that suggested stronger economic activities.

The regional central bank’s “Nowcast” model calculated the economy was expanding at an annualized pace of 3.98 percent in the fourth quarter, quicker than the 3.92 percent rate calculated a week ago.

(Excerpt) Read more at frontpagemag.com ...


TOPICS: Government
KEYWORDS: economy; incometaxes; media; taxcutsandjobsact; taxreform; tcja; trump
Navigation: use the links below to view more comments.
first 1-2021-22 next last
Media and the "experts" said that economic growth in 2017 would only be 1% to 1.5%. Trump was ridiculed when he said economic growth would be 3% to 4%.

Trump was right. The media and the "experts" were wrong.

1 posted on 12/19/2017 12:32:04 PM PST by detective
[ Post Reply | Private Reply | View Replies]

To: detective

Wasn’t the claim sustained 4%? Not just a few quarters here and there at 4%+.


2 posted on 12/19/2017 12:33:34 PM PST by joesbucks
[ Post Reply | Private Reply | To 1 | View Replies]

To: detective

4 percent?!?! When the heck did we see that last before Trump??


3 posted on 12/19/2017 12:37:22 PM PST by dp0622 (The Left should know that if Trump is kicked out of office, it is WAR!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: detective
The Deep State will play games with the numbers to insure that the official GDP doesn't reach 4%.
 
4 posted on 12/19/2017 12:42:56 PM PST by Governor Dinwiddie (CNN is fake news.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: joesbucks

Women and children hardest hit.


5 posted on 12/19/2017 12:50:39 PM PST by blackdog
[ Post Reply | Private Reply | To 2 | View Replies]

To: joesbucks

So what’s realistic? The San Francisco Fed estimates the “new normal” for annual economic growth to be 1.5% to 1.75%


6 posted on 12/19/2017 12:51:46 PM PST by snarkytart
[ Post Reply | Private Reply | To 2 | View Replies]

To: joesbucks

you always have something to say negative about POTUS Trump from your posting history.


7 posted on 12/19/2017 12:53:16 PM PST by snarkytart
[ Post Reply | Private Reply | To 2 | View Replies]

To: detective

Any women taking off their tops to protest 4 percent GDP growth?


8 posted on 12/19/2017 12:53:24 PM PST by Redmen4ever (u)
[ Post Reply | Private Reply | To 1 | View Replies]

To: detective

MAGA!!

WINNING!

I’m no ways tard of winning!!!!!


9 posted on 12/19/2017 12:55:13 PM PST by RooRoobird20 ("Democrats haven't been this angry since Republicans freed the slaves.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: detective
QWGGa
10 posted on 12/19/2017 12:58:34 PM PST by timestax
[ Post Reply | Private Reply | To 1 | View Replies]

To: RooRoobird20

Someone please post the vid of 0bama ridiculing Trump for saying jobs would come back...

Something about a magic wand....


11 posted on 12/19/2017 12:59:53 PM PST by Principled (OMG I'm so tired of all this winning...)
[ Post Reply | Private Reply | To 9 | View Replies]

To: timestax
CCnnn
12 posted on 12/19/2017 1:01:07 PM PST by timestax
[ Post Reply | Private Reply | To 10 | View Replies]

To: timestax
fakenews2-vi

13 posted on 12/19/2017 1:01:54 PM PST by timestax
[ Post Reply | Private Reply | To 12 | View Replies]

To: detective

The only field in which you can have absolutely ZERO experience in something and still be considered an expert in it is the media...

Never played in a pro sports game, that’s okay become a sports reporter and be called an expert.

Never run for office or held an elected position? That’s okay, become a political reporter and be called an expert.

Never worked in tech? That’s okay, report on tech and be considered a tech expert...


14 posted on 12/19/2017 1:04:47 PM PST by HamiltonJay
[ Post Reply | Private Reply | To 1 | View Replies]

To: joesbucks

“Not just a few quarters here and there at 4%+.”

Economic growth for 2017 is 4%. For 2018 it is now forecast to be 4%.

The media and the experts forecast 1.5% for 2017.

Where do you get this “a few quarters here and there” nonsense?


15 posted on 12/19/2017 1:26:14 PM PST by detective
[ Post Reply | Private Reply | To 2 | View Replies]

To: detective

Same people who gave him a 2% chance of winning the nomination and the Presidency.


16 posted on 12/19/2017 1:33:04 PM PST by Behind the Blue Wall
[ Post Reply | Private Reply | To 1 | View Replies]

To: joesbucks

Wow. Arn’t you a negative Nellie. You make me think of the 300 million dollar lottery winner bitching about how much he is going to have to pay in tax.


17 posted on 12/19/2017 1:41:12 PM PST by LesbianThespianGymnasticMidget (God punishes Conservatives by making them argue with fools. Go Trump!)
[ Post Reply | Private Reply | To 2 | View Replies]

To: joesbucks

You’ve turned into quite the Eeyore troll lately.


18 posted on 12/19/2017 1:51:16 PM PST by dirtboy
[ Post Reply | Private Reply | To 2 | View Replies]

To: dirtboy

Lately?


19 posted on 12/19/2017 2:11:11 PM PST by joesbucks
[ Post Reply | Private Reply | To 18 | View Replies]

To: detective

We are witnessing the difference between a successful businessman and a community developer in the White House. President Trump removes strangling regulations so that makers are motivated to invest in new ventures or expand existing ones. Obama stifled personal accountability in favor of making more room at the public trough for the takers.


20 posted on 12/19/2017 2:54:37 PM PST by Saltmeat
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-22 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson