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Trump It Up! GDP for Q2 Will Be Announced Tomorrow- USS Granite City Reopens Boom Town USA!

BuffetParrothead

BuffetParrothead

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Nov 22, 2015
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Mrs Buffett and I love the song Funk It Up by PittBull.

But the Trump parody Trump It Up is great and it's what's happening with Trump as President!


GDP for Q2 2018 will be announced tomorrow and it's expected to be realllllly good.
Trump was at the USS Granite CIty steel plant today which is reopening, after years of being shutdown!
Trump highlighted positives of opening this location/supply chain effect starting with the miners mining the ore, the transportation workers moving the ore to the docks, the dock workers loading ore on 1,000 ft barges, and the water crew moving the ore to the USS mill in Granite City.
https://www.bing.com/videos/search?
Trump It Up! The Trump praody song that Mrs Buffett and I love!
https://www.bing.com/videos/search?...339DF5B62FB452D8C2C8339DF5B62FB452D&FORM=VIRE
 
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BuffetParrothead said:
Mrs Buffett and I love the song Funk It Up by PittBull.

But the Trump parody Trump It Up is great and it's what's happening with Trump as President!


GDP for Q2 2018 will be announced tomorrow and it's expected to be realllllly good.
Trump was at the USS Granite CIty steel plant today which is reopening, after years of being shutdown!
Trump highlighted positives of opening this location/supply chain effect starting with the miners mining the ore, the transportation workers moving the ore to the docks, the dock workers loading ore on 1,000 ft barges, and the water crew moving the ore to the USS mill in Granite City.
https://www.bing.com/videos/search?
Trump It Up! The Trump praody song that Mrs Buffett and I love!
https://www.bing.com/videos/search?...339DF5B62FB452D8C2C8339DF5B62FB452D&FORM=VIRE
Click to expand...

What are you hearing ? I've heard 3.5 to 4.5.
Barclays came out at 5.3 but that sounds a little ambitious.
No matter what it is, lib heads will be exploding early tomorrow morning im sure lol.
 
BGNO said:
What are you hearing ? I've heard 3.5 to 4.5.
Barclays came out at 5.3 but that sounds a little ambitious.
No matter what it is, lib heads will be exploding early tomorrow morning im sure lol.
Click to expand...
Probably get another lecture on character...which is a PEACH considering the Guiding Light of the Dems for almost 3 decades has been....Bonnie and Clyde.

Lmao
 
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BGNO said:
What are you hearing ? I've heard 3.5 to 4.5.
Barclays came out at 5.3 but that sounds a little ambitious.
No matter what it is, lib heads will be exploding early tomorrow morning im sure lol.
Click to expand...
Yes in that range with a high of 5% but I doubt that!
"The Obama" thought GDP growth in the 1.%-2.5% was the best possible!
That's when "The Obama" the same guy who said " I plan to visit all 57 states"?? made his speech that this dismal economy is and will be the new normal typical of liberals!
They depend on a bad economy, more people on welfare, food stamps, who eventually become government dependents instead of self reliant and supporting Amercians!
 
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BuffetParrothead said:
BGNO said:
What are you hearing ? I've heard 3.5 to 4.5.
Barclays came out at 5.3 but that sounds a little ambitious.
No matter what it is, lib heads will be exploding early tomorrow morning im sure lol.
Click to expand...
Yes in that range with a high of 5% but I doubt that!
"The Obama" thought GDP growth in the 1.%-2.5% was the best possible!
That's when "The Obama" the same guy who said " I plan to visit all 57 states"?? made his speech that this dismal economy is and will be the new normal typical of liberals!
They depend on a bad economy, more people on welfare, food stamps, who eventually become government dependents instead of self reliant and supporting Amercians!
Click to expand...

Well,at least from his bunker The Obama got a front row seat of Trump waving his magic wand and bringing back manufacturing jobs.

Obamas legacy was written on an Etch-a-Sketch and Trump shook it up and destroyed it lmao
 
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BGNO said:
Well,at least from his bunker The Obama got a front row seat of Trump waving his magic wand and bringing back manufacturing jobs.

Obamas legacy was written on an Etch-a-Sketch and Trump shook it up and destroyed it lmao
Click to expand...
The Obama like all liberals want a slow economy so they can add to the welfare roles ( food stamps & unemployment) , and other freebies to grow the liberal dem voting base!
That's all they offer! High taxes on the producers, to redistribte wealth to the non producers!
 
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BuffetParrothead said:
Mrs Buffett and I love the song Funk It Up by PittBull.

But the Trump parody Trump It Up is great and it's what's happening with Trump as President!


GDP for Q2 2018 will be announced tomorrow and it's expected to be realllllly good.
Trump was at the USS Granite CIty steel plant today which is reopening, after years of being shutdown!
Trump highlighted positives of opening this location/supply chain effect starting with the miners mining the ore, the transportation workers moving the ore to the docks, the dock workers loading ore on 1,000 ft barges, and the water crew moving the ore to the USS mill in Granite City.
https://www.bing.com/videos/search?
Trump It Up! The Trump praody song that Mrs Buffett and I love!
https://www.bing.com/videos/search?...339DF5B62FB452D8C2C8339DF5B62FB452D&FORM=VIRE
Click to expand...
But wait. Paul Krugman, the liberal NYT and liberal dummy economist superstar said that we’d be in a recession 1.5 years ago. Or was it a depression? I can’t remember. Maybe I should ask JGregor. According to him, there’s no difference.
 
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Will the GDP continue to improve or is this the high water mark? That is the question. The GDP spiked during different points of Obama’s tenure as well, but then came down or stayed stagnant.
 
We should also remind our friends here what a dumper of an economy Obama inherited as compared to the one Trump inherited.
 
TempleBAPittMPA said:
We should also remind our friends here what a dumper of an economy Obama inherited as compared to the one Trump inherited.
Click to expand...
This will be fun.

If Trump thinks he can get more than 3% economic growth, he's dreaming (LA Times)

During the presidential campaign, Trump promised growth of 3.5% a year, and sometimes even 4%. There's no disagreement that a sustained growth rate of this magnitude would be a significant achievement. Over the past decade, the economy has grown at an average of about 2% a year. The Congressional Budget Office forecasts an annual average of about 1.9% well into the next decade.

The U.S. hasn't had sustained real annual growth (that is, over inflation) of better than 3% since the 1990s, with a brief spurt in 2004 and 2005. Making up the difference from 2% to more than 3% looks like a pipe dream.

High rates of growth, and the productivity that drives it, are likely distant memories from a bygone era.

This sentiment crosses ideological lines. It's shared by Jason Furman, formerly the chief economist for the Obama White House ("it would require everything to go right … in ways that are either historically unparalleled or toward the upper end of the historical range") and Edward Lazear, who served the same role for George W. Bush ("pray for luck," he advises).

Trump promises 4% growth. Economists say no way. (CNN)

No chance, say 11 economists surveyed by CNNMoney. And a paper published Tuesday by the Federal Reserve Bank of San Francisco backs them up.

"No, pigs do not fly," says Robert Brusca, senior economist at FAO Economics, a research firm. "Donald Trump is dreaming."

The Republican presidential nominee made the promise in a speech in New York in September. "I believe it's time to establish a national goal of reaching 4% economic growth," he said.

Since the Great Recession, growth has averaged 2%. Brusca and the other economists surveyed say that 4% growth is impossible, or at least highly unlikely. The reasons: Unemployment is already really low, lots of Baby Boomers are retiring, and there are far fewer manufacturing jobs today than in past decades.

Why economists are skeptical that U.S. can grow by 3 percent (Politifact)

In the 11 years since 2005, however, the economy has never had an annual growth rate above 2.7 percent. That includes a portion of President George W. Bush’s tenure and all of President Barack Obama’s. (See the full chart below.)

So do economists really think that 3 percent growth is no longer feasible? Basically, yes.

Here’s why.

We checked in with several economists on the left, right and center. The most bullish among them were merely skeptical about the chances of reaching 3 percent on a consistent basis. The majority were downright pessimistic.

Don't Count on 4% Growth (CFRB)

During the campaign, President-elect Trump frequently claimed his policies would grow the economy by 4 percent per year, also mentioning growth targets between 3.5 and 6 percent. Unfortunately, this level of growth is nearly impossible to achieve over a sustained period, absent transformative factors outside the government's control. With today's aging population, sustaining just 3.5 percent growth would require productivity to grow at a constant rate that has never been achieved in modern history.

The 4% GDP Growth Counterfactual (Forbes)

Last week, former Florida Governor Jeb Bush declared his intention to run for President of the United States, and in doing so he cited that our economy could be growing at 4% if the right pro-growth policy regime was in place rather than the 2.2% real GDP growth observed since the end of the Great Recession in June 2009.

Paul Krugman, Josh Barro, and Matthew Yglesias were quick to chime in, claiming that 4% real GDP growth was impossible, observing that when cumulatively looking the past 60 years of U.S. economic data, the U.S. economy has consistently followed a 3% long-run trend.
 
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The worst thing that can happen to the Dems is a roaring economy with "full employment, jobs with benefits, 401k's, etc. Their giveaway programs don't work in those conditions!

Dem policy is to destroy business growth, create a stagnant economy, they can tell everyone this is the new normal ( like Obama did), tax those who are working at high rates including businesses and rush in ans say we're here to help with their "giveaways."

Just like the posters on this site they love negative news about almost everything.

A new class of Trump voter has emerged.
Mrs Buffett and I spoke to two couples the other night at a get together.
They're life long Dems and never voted for Republicans.

They were telling us their kids and other kids they know are now securing good jobs, with benefits, 401k's, finally and as a result they don't like Trump but they're voting Republican in the mid terms and for Trump in 2020.

They don't want things to go back to where their kids are working at Giant, Kohls, Starbucks, in a part time or low wage full time job.
They also said that they know of many others who feel this way.
No kids in the basement until they're 40 anymore!

Things are "moving on up."
Trump It Up!
Trump It Up!
 
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DiehardPanther said:
Will the GDP continue to improve or is this the high water mark? That is the question. The GDP spiked during different points of Obama’s tenure as well, but then came down or stayed stagnant.
Click to expand...

Of course we can't know that. We don't even know if we'll wake up tomorrow.
All we can know is that it's a great thing in the right here,right now, and every American should be on board and not trying to diminish it as some do.
I never rooted for the economy to tank under Obama like some libs seem to be under Trump.
 
DiehardPanther said:
Will the GDP continue to improve or is this the high water mark? That is the question. The GDP spiked during different points of Obama’s tenure as well, but then came down or stayed stagnant.
Click to expand...
The pipe smokers ObamaWho surrounded himself with knew less about a market economy than Lil Suzie’s Lemonade kids.

Every friggin proposal they made involved the Gubimint making choices wrt the portfolio or controlling the distribution of capital

TOTAL BULLSHITE


Trumponomics ain’t ObamaWho, and the more Trump whacks his legacy the better the economy will be in position to grow.....

Steel built this country....America is steel.
Just one piece of the whole, but the TDS yapped it could never happen.

Trump making Aclown fools out of the Leftists.
 
2jbwnde.jpg
 
"While that has been the postwar norm, however, average annual real GDPgrowth has varied greatly by president, ranging from a high of 5.3 percent under President Lyndon Johnson to a low of 1.5 percent under President Barack Obama, as the following chart conveys"


20160808AndersonGDPChartAvg.jpg
 
paulbl99 said:
Why do progressives hate progress?

#somuchwinning
#obamawho
Click to expand...
What progress is that? Are you really crowing about one good quarterly GDP number? Trump finally had a quarter that was a good as one of Obama's.

Not an Obama fan but this fanboy fawning over Trump is sickening.
 
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