What happened to 3% economic growth for 2018?

evince said:
President Trump promised to increase economic growth to 4 percent. That's faster than is healthy. Growth at that pace leads to overconfident irrational exuberance. That creates a boom that leads to a damaging bust. The factors that cause these changes in the business cycle are supply, demand, capital availability, and the market’s perception of the economic future.

Overview
U.S. GDP growth will slow to 2.3 percent in 2019 from 3 percent in 2018. It will be 2 percent in 2020, and 1.8 percent in 2021. That's according to the most recent forecast released at the Federal Open Market Committee meeting on December 19, 2018. The projected slowdown in 2019 and beyond is a side effect of the trade war, a key component of Trump's economic policies.

https://www.thebalance.com/us-economic-outlook-3305669
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:lolup:Lying Leftist loon arguing that malaise is better than 4% growth. :laugh:
 
Truth Detector said:
How is the nation being destroyed when the facts point to an outstanding economy and decades low unemployment?

Let's be honest here; you don't know what you are talking about and can only parrot the brain dead meme's you are fed from leftist blogs.
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than Obama

now you assholes are trying to destroy what he created


just like you assholes did to the Clinton economy


who fucking crashed the entire world economy while IGNORING our infrastructure and embroiling us in an expensive war that blew up the middle east?
 
noise said:
I don't think Q4 is out..lol
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I haven't seen them but have seen a ruters article that refers to it in passing as 3.1% without citing a source report

https://www.reuters.com/article/us-...wth-congressional-budget-office-idUSKCN1PM23D

"Real GDP is expected to grow by 2.3 percent in 2019. That is slower than 2018’s 3.1 percent growth in real GDP but still faster than expected, the CBO said. After this year, annual growth is expected to average 1.7 percent through 2023, below the office’s projection of potential growth."
 
noise said:
those are pathetic
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Obamunsim was pathetic. What is interesting about this chart is the utter confusion and instability of GDP growth seen under Obamunsim. Contrast that with steadily increasing and stable GDP growth under Trump.

OCT 30,2018 4.2%
Sep 30, 2018 3.00%
Jun 30, 2018 2.87%
Mar 31, 2018 2.58%
Dec 31, 2017 2.47%
Sep 30, 2017 2.34%
Jun 30, 2017 2.11%
Mar 31, 2017 1.94%
 
Truth Detector said:
Obamunsim was pathetic. What is interesting about this chart is the utter confusion and instability of GDP growth seen under Obamunsim. Contrast that with steadily increasing and stable GDP growth under Trump.

OCT 30,2018 4.2%
Sep 30, 2018 3.00%
Jun 30, 2018 2.87%
Mar 31, 2018 2.58%
Dec 31, 2017 2.47%
Sep 30, 2017 2.34%
Jun 30, 2017 2.11%
Mar 31, 2017 1.94%
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link ass smear
 
evince said:
the fact that the republican party refuses to build the needed infrastructure here proves they don't love this nation
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Another massive leftist lie; when have Republicans ever refused an infrastructure project and how does that square with the malaise of the Obama Presidency and success of the Trump economy?
 
evince said:
than Obama
now you assholes are trying to destroy what he created
just like you assholes did to the Clinton economy
who fucking crashed the entire world economy while IGNORING our infrastructure and embroiling us in an expensive war that blew up the middle east?
Click to expand...

I asked a simple question; how is the nation being destroyed? I don't need a hyper partisan circle jerk of talking points asshat; give me a FACT.
 
China is an emerging market

a NEW capitalist nation


they didn't used to be capitalist huh

An emerging market can go hotter because they are in NEED of the infrastructure to handle the market

INFRASTRUCTURE building heats up an economy


republicans LIE about that


they don't spend on infrastructure


why?

because they hate democracy


they have become an evil party bent on harming our democracy
 
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10DayUserName said:
I haven't seen them but have seen a ruters article that refers to it in passing as 3.1% without citing a source report

https://www.reuters.com/article/us-...wth-congressional-budget-office-idUSKCN1PM23D

"Real GDP is expected to grow by 2.3 percent in 2019. That is slower than 2018’s 3.1 percent growth in real GDP but still faster than expected, the CBO said. After this year, annual growth is expected to average 1.7 percent through 2023, below the office’s projection of potential growth."
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In other words; the GDP report is not out yet. Shocker! :laugh:
 
evince said:
China is an emerging market
a NEW capitalist nation
they didn't used to be capitalist huh
An emerging market can go hotter because they are in NEED of the infrastructure to handle the market
INFRASTRUCTURE building heats up an economy
republicans LIE about that
they don't send on infrastructure
why?
because they hate democracy
they have become an evil party bent on harming our democracy
Click to expand...

:legion:
 
So far, not one leftist dumbfuck can answer the basic question as to why Obamunism did so terribly and how Trump is hurting the nation.
 
The GDP growth rate between the 2 percent to 3 percent ideal range



the world agrees


except for assholes who hate Democracy and want dictatorships instead
 
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