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DemocratSinceBirth

(99,710 posts)
Thu Jul 26, 2018, 07:57 PM Jul 2018

Prepare yourself

Tomorrow's GDP numbers are going to be good. Trump and his acolytes will say they are "unpresidented" however there were two quarters in 2014 where GDP exceeded 4% before returning to their new millennium levels of 2%.

https://www.statista.com/statistics/188185/percent-chance-from-preceding-period-in-real-gdp-in-the-us/

Also wage growth is stagnant, the deficit is ballooning, housing and auto purchases appears to be stalled, and the effects of Trump's nascent trade war has yet to be felt.

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Prepare yourself (Original Post) DemocratSinceBirth Jul 2018 OP
Will include a surge in exports, as overseas buyers bought more before tariffs took effect. Doodley Jul 2018 #1
I noticed housing was down. DemocratSinceBirth Jul 2018 #3
It added as much as a point to GDP. DemocratSinceBirth Jul 2018 #6
Let him keep bragging. Glamrock Jul 2018 #2
I'm feeling the trade war in my area... wcmagumba Jul 2018 #4
And how did orange blob know they were going to be good.....he said so in Illinois today. a kennedy Jul 2018 #5

DemocratSinceBirth

(99,710 posts)
3. I noticed housing was down.
Thu Jul 26, 2018, 08:07 PM
Jul 2018

That caused the last recession. I knew this young woman who worked for Ashley. She was making money hand over fist. It disappeared virtually overnight when the Great Recession hit.

Glamrock

(11,794 posts)
2. Let him keep bragging.
Thu Jul 26, 2018, 08:05 PM
Jul 2018

Anyone with half a brain and a high school econ class can read the writing on the wall. When shit crumbles there'll be no one to blame but the ego in chief.

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