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***BREAKING NEWS POLL*** No GDP Bump For Trump 40% Approval 55% Disapproval/Down from 42/54% (Original Post) DemocratSinceBirth Jul 2018 OP
And just wait until GDP growth falls to nearly zero in the 3rd or 4th quarter. sandensea Jul 2018 #1
3rd quarter GDP will be coming out ten days or so before the election/4th quarter well after. DemocratSinceBirth Jul 2018 #2
Obama handed Trump a humming economy. SunSeeker Jul 2018 #5
Right. I wouldn't be surprised if Cheeto has the numbers touched up - or delays the release altogeth sandensea Jul 2018 #6
What poor souls need trump to campaign for them?? dubyadiprecession Jul 2018 #3
A 40% approval rating with a (seemingly) robust economy. DemocratSinceBirth Jul 2018 #4
The market drop on Friday is a clue. Turbineguy Jul 2018 #7
He's long past peak Trump C_U_L8R Jul 2018 #8
People don't care about GDP or tax cuts or DOW indexes Yavin4 Jul 2018 #9

sandensea

(21,615 posts)
1. And just wait until GDP growth falls to nearly zero in the 3rd or 4th quarter.
Mon Jul 30, 2018, 01:11 PM
Jul 2018

Why? Because a big part of the 2nd quarter bounce was due to consumers and businesses stocking up ahead of higher proces brought about by Cheeto's trade war.

The 3rd and - particularly - 4th quarters will reflect the inevitable pullback.

Thanks for sharinf these poll numbers. Important news.


DemocratSinceBirth

(99,710 posts)
2. 3rd quarter GDP will be coming out ten days or so before the election/4th quarter well after.
Mon Jul 30, 2018, 01:13 PM
Jul 2018

In a way we are fortunate. A normal president of either party would be over 50% with this economy.

SunSeeker

(51,545 posts)
5. Obama handed Trump a humming economy.
Mon Jul 30, 2018, 01:23 PM
Jul 2018

All he had to do was do nothing and it would have continued humming along. But no. Trump had to shit all over it, like he does with everything. Another looming disaster of Trump's own making.

sandensea

(21,615 posts)
6. Right. I wouldn't be surprised if Cheeto has the numbers touched up - or delays the release altogeth
Mon Jul 30, 2018, 01:23 PM
Jul 2018

It's widely suspected among economists that Rove routinely had GDP numbers massaged during Bush's disastrous second term.

They would a) understate inflation ('implicit prices', in national accounts jargon) by, say, measuring real GDP against 1 or 2% inflation - which of course was absurd, since, as we all remember, prices were jumping by 10% a year or more in '05 to '08.

And b) they would deliberately issue a padded GDP growth number in the premliminary release (the one that gets all the press attention), and then revise it downward to a more accurate figure later - which of course had the added effect of helping keep rates lower than they would otherwise be.

To all that we should add Rove's bright idea of keeping the Iraq and Afghanistan wars off the budget - putting out deficit figures short by $175 billion or more.

If Dubya was capable of those kinds of games with the economic numbers, just imagine this administration!

dubyadiprecession

(5,702 posts)
3. What poor souls need trump to campaign for them??
Mon Jul 30, 2018, 01:21 PM
Jul 2018

With a 40% approval rating they would have to be nuts to ask for his help!

Yavin4

(35,427 posts)
9. People don't care about GDP or tax cuts or DOW indexes
Mon Jul 30, 2018, 02:15 PM
Jul 2018

They care about WAGES, and WAGES are not going up. That's what they respond to.

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