Tennesseer
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Joined: Dec 20, 2010 21:58:42 GMT -5
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Post by Tennesseer on Jul 26, 2019 17:09:41 GMT -5
Trump fell short of 3 percent GDP goal in 2018, revised figures showPresident Trump failed to achieve his goal of 3 percent economic growth in 2018, according to Commerce Department data released Friday. The Bureau of Economic Analysis issued a slew of revised gross domestic product (GDP) data, including a downward revision to last year's figure. Previous government data showed Trump had fulfilled his campaign pledge of 3 percent expansion — a key measure of growth that the president and his allies have used to tout the administration's economic accomplishments — but the year-over-year figure was lowered to 2.5 percent on Friday. Trump pledged throughout his 2016 presidential campaign that he would usher in an era of continuous 3 percent growth with sweeping tax cuts and deregulation. Under former President Obama, the economy largely stayed within the bounds of 2 percent growth as it recovered from a recession that ended in the middle of 2009. Complete article here: Trump fell short of 3 percent GDP goal in 2018, revised figures show
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djAdvocate
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only posting when the mood strikes me.
Joined: Jun 21, 2011 12:33:54 GMT -5
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Post by djAdvocate on Jul 26, 2019 18:54:40 GMT -5
Trump fell short of 3 percent GDP goal in 2018, revised figures showPresident Trump failed to achieve his goal of 3 percent economic growth in 2018, according to Commerce Department data released Friday. The Bureau of Economic Analysis issued a slew of revised gross domestic product (GDP) data, including a downward revision to last year's figure. Previous government data showed Trump had fulfilled his campaign pledge of 3 percent expansion — a key measure of growth that the president and his allies have used to tout the administration's economic accomplishments — but the year-over-year figure was lowered to 2.5 percent on Friday. Trump pledged throughout his 2016 presidential campaign that he would usher in an era of continuous 3 percent growth with sweeping tax cuts and deregulation. Under former President Obama, the economy largely stayed within the bounds of 2 percent growth as it recovered from a recession that ended in the middle of 2009. Complete article here: Trump fell short of 3 percent GDP goal in 2018, revised figures show he promised us 4-6%
he fell WELL short of that.
two years running, now.
it will be four years running, in all likelihood.
his voters won't care.
they will ignore that Obama had 3.8% YOY, which is better than anything Trump has turned in, thusfar.
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