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3rd Qtr GDP revision
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200yrs2late Offline
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Post: #1
3rd Qtr GDP revision
up to 3.3%

MAGA


In a good position going into the 4th qtr for 2017 to be above 3%.
11-29-2017 09:44 AM
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GrayBeard Offline
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Post: #2
RE: 3rd Qtr GDP revision
With the hurricane losses, that is a phenomenal number.
11-29-2017 11:26 AM
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MemTigers1998 Offline
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Post: #3
RE: 3rd Qtr GDP revision
magic wands waving everywhere!
11-29-2017 11:38 AM
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UofMstateU Offline
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RE: 3rd Qtr GDP revision
This story has not aged well.

The idea of the Trump administration getting the economy back on track to 2 to 3 percent growth this year is "just fairy dust," a former Biden adviser told CNBC on Thursday

"It's really important to recognize [the Republicans] don't have a plan," Jared Bernstein said during an interview on CNBC's "Power Lunch." "History has very little correlation between changes in the tax code and [GDP]."


https://www.cnbc.com/2017/02/23/trump-wi...-says.html
11-29-2017 11:38 AM
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usmbacker Offline
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RE: 3rd Qtr GDP revision
You know leftists rant and rave about our President and meanwhile he just keeps building this economy stronger by the day. Winning!!!
11-29-2017 11:39 AM
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MemTigers1998 Offline
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RE: 3rd Qtr GDP revision
(11-29-2017 11:39 AM)usmbacker Wrote:  You know leftists rant and rave about our President and meanwhile he just keeps building this economy stronger by the day. Winning!!!

but MUH RESISTANCE!
11-29-2017 11:40 AM
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Redwingtom Offline
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RE: 3rd Qtr GDP revision
(11-29-2017 11:39 AM)usmbacker Wrote:  You know leftists rant and rave about our President and meanwhile he just keeps building this economy stronger by the day. Winning!!!

What specifically has he done to improve the economy?

I'll hang up and listen.....
11-29-2017 12:49 PM
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appst89 Offline
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RE: 3rd Qtr GDP revision
(11-29-2017 12:49 PM)Redwingtom Wrote:  
(11-29-2017 11:39 AM)usmbacker Wrote:  You know leftists rant and rave about our President and meanwhile he just keeps building this economy stronger by the day. Winning!!!

What specifically has he done to improve the economy?

I'll hang up and listen.....

Not be Obama.
11-29-2017 12:50 PM
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Redwingtom Offline
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Post: #9
RE: 3rd Qtr GDP revision
(11-29-2017 12:50 PM)appst89 Wrote:  
(11-29-2017 12:49 PM)Redwingtom Wrote:  
(11-29-2017 11:39 AM)usmbacker Wrote:  You know leftists rant and rave about our President and meanwhile he just keeps building this economy stronger by the day. Winning!!!

What specifically has he done to improve the economy?

I'll hang up and listen.....

Not be Obama.

So, nothing then. I rest my case...lol

But seriously...tell me specifically what he has done and how that has positively effected the GDP, so I can give him credit.
(This post was last modified: 11-29-2017 12:53 PM by Redwingtom.)
11-29-2017 12:52 PM
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appst89 Offline
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RE: 3rd Qtr GDP revision
(11-29-2017 12:52 PM)Redwingtom Wrote:  
(11-29-2017 12:50 PM)appst89 Wrote:  
(11-29-2017 12:49 PM)Redwingtom Wrote:  
(11-29-2017 11:39 AM)usmbacker Wrote:  You know leftists rant and rave about our President and meanwhile he just keeps building this economy stronger by the day. Winning!!!

What specifically has he done to improve the economy?

I'll hang up and listen.....

Not be Obama.

So, nothing then. I rest my case...lol

Yeah, well you wouldn't admit to any positives anyway, so I just gave you the most obvious. No point in wasting time.
11-29-2017 12:54 PM
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banker Offline
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Post: #11
RE: 3rd Qtr GDP revision
Through early October, Trump had eliminated 469 various regulations on business and has, by far, the lowest rate of new regulations imposed.

So there's that.
11-29-2017 12:58 PM
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GrayBeard Offline
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Post: #12
RE: 3rd Qtr GDP revision
(11-29-2017 12:52 PM)Redwingtom Wrote:  
(11-29-2017 12:50 PM)appst89 Wrote:  
(11-29-2017 12:49 PM)Redwingtom Wrote:  
(11-29-2017 11:39 AM)usmbacker Wrote:  You know leftists rant and rave about our President and meanwhile he just keeps building this economy stronger by the day. Winning!!!

What specifically has he done to improve the economy?

I'll hang up and listen.....

Not be Obama.

So, nothing then. I rest my case...lol

But seriously...tell me specifically what he has done and how that has positively effected the GDP, so I can give him credit.

In my view, President's are more likely to screw it up than help it. I think DJT has simply gotten out of the way and the economy has responded.
11-29-2017 12:58 PM
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200yrs2late Offline
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Post: #13
RE: 3rd Qtr GDP revision
(11-29-2017 12:49 PM)Redwingtom Wrote:  
(11-29-2017 11:39 AM)usmbacker Wrote:  You know leftists rant and rave about our President and meanwhile he just keeps building this economy stronger by the day. Winning!!!

What specifically has he done to improve the economy?

I'll hang up and listen.....

You are smart enough to know the answer, you just don't like it.
11-29-2017 12:59 PM
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Redwingtom Offline
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Post: #14
RE: 3rd Qtr GDP revision
(11-29-2017 12:58 PM)GrayBeard Wrote:  
(11-29-2017 12:52 PM)Redwingtom Wrote:  
(11-29-2017 12:50 PM)appst89 Wrote:  
(11-29-2017 12:49 PM)Redwingtom Wrote:  
(11-29-2017 11:39 AM)usmbacker Wrote:  You know leftists rant and rave about our President and meanwhile he just keeps building this economy stronger by the day. Winning!!!

What specifically has he done to improve the economy?

I'll hang up and listen.....

Not be Obama.

So, nothing then. I rest my case...lol

But seriously...tell me specifically what he has done and how that has positively effected the GDP, so I can give him credit.

In my view, President's are more likely to screw it up than help it. I think DJT has simply gotten out of the way and the economy has responded.

Perhaps...but was Obama in the way? We saw the same type of growth for much of his presidency, right?
https://www.statista.com/statistics/1881...in-the-us/
11-29-2017 01:35 PM
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Redwingtom Offline
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RE: 3rd Qtr GDP revision
(11-29-2017 12:58 PM)banker Wrote:  Through early October, Trump had eliminated 469 various regulations on business and has, by far, the lowest rate of new regulations imposed.

So there's that.

Source please. Not saying he hasn't, just want to read what they are. And also ascertain whether any of them can be attributed to positive GDP as of yet. Those things likely take a little time.
11-29-2017 01:37 PM
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Redwingtom Offline
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RE: 3rd Qtr GDP revision
(11-29-2017 12:59 PM)200yrs2late Wrote:  
(11-29-2017 12:49 PM)Redwingtom Wrote:  
(11-29-2017 11:39 AM)usmbacker Wrote:  You know leftists rant and rave about our President and meanwhile he just keeps building this economy stronger by the day. Winning!!!

What specifically has he done to improve the economy?

I'll hang up and listen.....

You are smart enough to know the answer, you just don't like it.

I believe the answer is "not much," outside of not really mucking things up with a ridiculous tax bill. Prove me wrong.
11-29-2017 01:38 PM
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Redwingtom Offline
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Post: #17
RE: 3rd Qtr GDP revision
(11-29-2017 12:54 PM)appst89 Wrote:  
(11-29-2017 12:52 PM)Redwingtom Wrote:  
(11-29-2017 12:50 PM)appst89 Wrote:  
(11-29-2017 12:49 PM)Redwingtom Wrote:  
(11-29-2017 11:39 AM)usmbacker Wrote:  You know leftists rant and rave about our President and meanwhile he just keeps building this economy stronger by the day. Winning!!!

What specifically has he done to improve the economy?

I'll hang up and listen.....

Not be Obama.

So, nothing then. I rest my case...lol

Yeah, well you wouldn't admit to any positives anyway, so I just gave you the most obvious. No point in wasting time.

Sorry, but that's a cop out. If folks are going to imply that he's specifically done something to result in the economic results, they need to cite that.
11-29-2017 01:40 PM
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rath v2.0 Offline
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Post: #18
RE: 3rd Qtr GDP revision
I miss Obama and the downward GDP revisions that were released at 4:00 on Friday afternoons.
11-29-2017 01:57 PM
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GrayBeard Offline
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Post: #19
RE: 3rd Qtr GDP revision
(11-29-2017 01:35 PM)Redwingtom Wrote:  
(11-29-2017 12:58 PM)GrayBeard Wrote:  
(11-29-2017 12:52 PM)Redwingtom Wrote:  
(11-29-2017 12:50 PM)appst89 Wrote:  
(11-29-2017 12:49 PM)Redwingtom Wrote:  What specifically has he done to improve the economy?

I'll hang up and listen.....

Not be Obama.

So, nothing then. I rest my case...lol

But seriously...tell me specifically what he has done and how that has positively effected the GDP, so I can give him credit.

In my view, President's are more likely to screw it up than help it. I think DJT has simply gotten out of the way and the economy has responded.

Perhaps...but was Obama in the way? We saw the same type of growth for much of his presidency, right?
https://www.statista.com/statistics/1881...in-the-us/

Obama never had better than 3% for any calendar year, which I believe makes him the first President in history to have such a lackluster economic performance.
11-29-2017 02:03 PM
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Redwingtom Offline
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Post: #20
RE: 3rd Qtr GDP revision
(11-29-2017 01:57 PM)rath v2.0 Wrote:  I miss Obama and the downward GDP revisions that were released at 4:00 on Friday afternoons.

You likely don't have a clue what you miss...lol
U.S. Third-Quarter (2016) GDP Revised Higher on Consumer Spending
11-29-2017 02:07 PM
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