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5% GDP...no longer possible, probable

atlkvb

atlkvb

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One of the most respected (and accurate) economic forecasting consortiums is out with its analysis post the second quarter results of 4.1% GDP suggesting the 3rd quarter will be significantly stronger...like 5% GDP! Here's their breakdown and why they are predicting just that.

Trump got dynamic GDP number last quarter-early signs point to next one being better.

excerpt:
The Atlanta Federal Reserve's GDPNow model, which uses available economic data to predict the current quarter's GDP growth, stood at 5% on Thursday, up slightly from an initial estimate of 4.7%. Neil Dutta, the head of US economics at the research firm Renaissance Macro, pointed to data suggesting that the strong initial reading from the Atlanta Fed is likely to hold up"

Full article:
https://www.businessinsider.com/trump-gdp-growth-q3-third-quarter-strong-2018-8
 
W

WVU82_rivals

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in six years after 26 quarters of >4% growth...

these idiots WILL STILL BE THE SAME...

idiots...
 
atlkvb

atlkvb

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WVU82 said:
in six years after 26 quarters of >4% growth...

these idiots WILL STILL BE THE SAME...

idiots...
Click to expand...

I just like the fact that while they (Leftists) continue to complain about or worry if Trump shops for his own groceries, Americans are shopping, spending, and earning more money in record numbers! GDP above 5% makes all of their doom & gloom economic forecasting models not even worth the butt ribbon I use to wipe my ***...maybe that's even more valuable because at least it does a reasonably accurate job![winking]
 
W

WVU82_rivals

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imagine the statue of the owebamatraitor on Constitution Ave if he had a 5% gdp...

it would've been 100 foot tall...


Trump will be on Mt Rushmore...
 
W

WVUCOOPER

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Dec 10, 2002
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atlkvb said:
One of the most respected (and accurate) economic forecasting consortiums is out with its analysis post the second quarter results of 4.1% GDP suggesting the 3rd quarter will be significantly stronger...like 5% GDP! Here's their breakdown and why they are predicting just that.

Trump got dynamic GDP number last quarter-early signs point to next one being better.

excerpt:
The Atlanta Federal Reserve's GDPNow model, which uses available economic data to predict the current quarter's GDP growth, stood at 5% on Thursday, up slightly from an initial estimate of 4.7%. Neil Dutta, the head of US economics at the research firm Renaissance Macro, pointed to data suggesting that the strong initial reading from the Atlanta Fed is likely to hold up"

Full article:
https://www.businessinsider.com/trump-gdp-growth-q3-third-quarter-strong-2018-8
Click to expand...
That Atlanta Model showed the first quarter being 5+ too. And the 2nd quarter. We'll see.
 
W

WVUCOOPER

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Dec 10, 2002
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atlkvb said:
One of the most respected (and accurate) economic forecasting consortiums is out with its analysis post the second quarter results of 4.1% GDP suggesting the 3rd quarter will be significantly stronger...like 5% GDP! Here's their breakdown and why they are predicting just that.

Trump got dynamic GDP number last quarter-early signs point to next one being better.

excerpt:
The Atlanta Federal Reserve's GDPNow model, which uses available economic data to predict the current quarter's GDP growth, stood at 5% on Thursday, up slightly from an initial estimate of 4.7%. Neil Dutta, the head of US economics at the research firm Renaissance Macro, pointed to data suggesting that the strong initial reading from the Atlanta Fed is likely to hold up"

Full article:
https://www.businessinsider.com/trump-gdp-growth-q3-third-quarter-strong-2018-8
Click to expand...
From the very article you linked:

"Dutta said it was "unlikely that we'll get 5% for the third quarter"

:joy::joy::joy:

Classic
 
atlkvb

atlkvb

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WVUCOOPER said:
From the very article you linked:

"Dutta said it was "unlikely that we'll get 5% for the third quarter"

:joy::joy::joy:

Classic
Click to expand...

No one gets it exactly right, and they didn't say it WILL be 5%, they predicted that based on the numbers they're seeing now it could be that high. It's a fact the numbers are clearly far above whatever Democrat Leftist malcontents such as yourself expected or hoped. Shut up Coop you fraud.
 
W

WVUCOOPER

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atlkvb said:
No one gets it exactly right, and they didn't say it WILL be 5%, they predicted that based on the numbers they're seeing now it could be that high. It's a fact the numbers are clearly far above whatever Democrat Leftist malcontents such as yourself expected or hoped. Shut up Coop you fraud.
Click to expand...
Your thread title said 5% was probable and then linked an article that said it was unlikely. Great stuff.
 
atlkvb

atlkvb

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WVUCOOPER said:
Your thread title said 5% was probable and then linked an article that said it was unlikely. Great stuff.
Click to expand...

atlkvb said:
excerpt:
The Atlanta Federal Reserve's GDPNow model, which uses available economic data to predict the current quarter's GDP growth, stood at 5% on Thursday, up slightly from an initial estimate of 4.7%. Neil Dutta, the head of US economics at the research firm Renaissance Macro, pointed to data suggesting that the strong initial reading from the Atlanta Fed is likely to hold up"
Click to expand...

 
W

WVUCOOPER

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atlkvb said:
...and averaged about 1.9%[winking]
Click to expand...
I'm not claiming GDP was stellar under Obama, but his average GDP was over 1.9% and on par with Trump's GDP numbers so far. Trump could end up better or worse, time will tell. Just getting a kick out of everyone pretending it is currently better than Obama.
 
atlkvb

atlkvb

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WVUCOOPER said:
I'm not claiming GDP was stellar under Obama, but his average GDP was over 1.9% and on par with Trump's GDP numbers so far. Trump could end up better or worse, time will tell. Just getting a kick out of everyone pretending it is currently better than Obama.
Click to expand...

YOU guys are the ones claiming this is Obama's economy. Don't make me laugh Coop...you're too "phony" to laugh at.

 
B

bamaEER

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WVUCOOPER said:
I'm not claiming GDP was stellar under Obama, but his average GDP was over 1.9% and on par with Trump's GDP numbers so far. Trump could end up better or worse, time will tell. Just getting a kick out of everyone pretending it is currently better than Obama.
Click to expand...
....and that Obama never saw 4+%. He did 4 times.
 
atlkvb

atlkvb

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WVUCOOPER said:
I'm not claiming GDP was stellar under Obama, but his average GDP was over 1.9% and on par with Trump's GDP numbers so far. Trump could end up better or worse, time will tell. Just getting a kick out of everyone pretending it is currently better than Obama.
Click to expand...


excerpt:
The Great Recession was a meat-cleaver on the economy. Since then, the U.S. has struggled to grow at much more than 2% a year under President Obama.



Link:
https://money.cnn.com/gallery/news/economy/2017/01/06/obama-economy-10-charts-final/3.html
 
atlkvb

atlkvb

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WVUCOOPER said:
Show me where I said that.
Click to expand...

You lie so much and are so phony and disingenuous, honestly I wouldn't know where to begin to look it up Coop. However, I'm 100% positive most of you folks on the Left in your impotent attempts to dismiss Trump's economic performance to date insist this is nothing more than the after effects of Obama's stellar economic performance which I might remind you is THE WORST of all U.S. Presidents of the modern era. He's dead last Coop in case you weren't aware?
 
W

WVUCOOPER

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atlkvb said:
You lie so much and are so phony and disingenuous, honestly I wouldn't know where to begin to look it up Coop. However, I'm 100% positive most of you folks on the Left in your impotent attempts to dismiss Trump's economic performance to date insist this is nothing more than the after effects of Obama's stellar economic performance which I might remind you is THE WORST of all U.S. Presidents of the modern era. He's dead last Coop in case you weren't aware?
Click to expand...
Talk about a liar. You consistently call me a leftist.

Nice cop out of not knowing where to begin to look. lol
 
atlkvb

atlkvb

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WVUCOOPER said:
Talk about a liar. You consistently call me a leftist.

Nice cop out of not knowing where to begin to look. lol
Click to expand...

Why do you deny your heritage Coop? That's like me denying I'm Black when country or one of the other racists on the Left accuse me of not being total 100% Negro! Stand up my man...adopt and embrace your Socialist calling Coop...follow your hero!

 
W

WVUCOOPER

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atlkvb said:
Why do you deny your heritage Coop? That's like me denying I'm Black when country or one of the other racists on the Left accuse me of not being total 100% Negro! Stand up my man...adopt and embrace your Socialist calling Coop...follow your hero!

Click to expand...
I'm not a leftist. It's why I hate this admin's spending and trade policies. Government picking and choosing winners. Speaks volumes that you are OK with them.
 
atlkvb

atlkvb

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WVUCOOPER said:
A historically inaccurate initial reading is your basis for saying 5% growth is probable. lol. Even though the experts said it was unlikely. Great work
Click to expand...

I'm quoting the "experts". You're blaming me for them being always wrong Coop? So why didn't you attack the so called "experts" who predicted Hillary would win in '16 in a "landslide"?

Oh, I forgot...she did win the popular vote right Coop?[eyeroll]
 
atlkvb

atlkvb

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WVUCOOPER said:
I'm not a leftist. It's why I hate this admin's spending and trade policies. Government picking and choosing winners. Speaks volumes that you are OK with them.
Click to expand...

Hey Coop... I'm for shutting the whole damn thing down and building a wall.

You?

 
W

WVUCOOPER

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atlkvb said:
I'm quoting the "experts". You're blaming me for them being always wrong Coop? So why didn't you attack the so called "experts" who predicted Hillary would win in '16 in a "landslide"?

Oh, I forgot...she did win the popular vote right Coop?[eyeroll]
Click to expand...
The experts quoted said it would not be 5%. A first look algorithm, that is notoriously wrong, is what you are quoting. Read past the headline.
 
B

bamaEER

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May 29, 2001
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WVUCOOPER said:
I'm not a leftist. It's why I hate this admin's spending and trade policies. Government picking and choosing winners. Speaks volumes that you are OK with them.
Click to expand...
This is only the hundredth time you explained this to him. Waste of time.
 
dave

dave

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May 29, 2001
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Id be mad too if someone turned my job into filling out postcards.
 
atlkvb

atlkvb

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WVUCOOPER said:
Nope. Another massive government spending you support. I'm shocked.
Click to expand...

A wall is cheaper than giving free health care, education, housing, food, driver licenses and Democrat voter registration cards to illegal aliens Coop.
 
atlkvb

atlkvb

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WVUCOOPER said:
The experts quoted said it would not be 5%. A first look algorithm, that is notoriously wrong, is what you are quoting. Read past the headline.
Click to expand...

Well Coop I don't know what it's going to be...I really don't. Neither do they. What I do know is you Democrat Leftist anti-Trumpers don't have a clue how to make it any better than whatever it will end up being.

All you frauds will do is complain it's not because of Trump. Shut up already!
 
W

WVUCOOPER

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atlkvb said:
Well Coop I don't know what it's going to be...I really don't. Neither do they. What I do know is you Democrat Leftist anti-Trumpers don't have a clue how to make it any better than whatever it will end up being.

All you frauds will do is complain it's not because of Trump. Shut up already!
Click to expand...
I have a clue. Drop the tariffs and reduce the deficits/debt.
 
atlkvb

atlkvb

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WVUCOOPER said:
I have a clue. Drop the tariffs and reduce the deficits/debt.
Click to expand...

OK Coop...who on your side is for that? You're giving me a headache with your fake *** support for fiscal accountability and smaller Government driven by free markets and lower taxes.

You're trying too hard Coop...just stop!
 
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