The US economy grew at a 3.5% pace in the third quarter, faster than expected

[Coach is Back!]

What the MSM isn't reporting, and before you give Obama any credit, prove it....



The US economy grew at a 3.5% pace in the third quarter, faster than expected

https://www.cnbc.com/2018/10/26/first-read-on-us-q3-2018-gross-domestic-product.html

[Kwon3]

He gave a speech earlier this week taking credit for the entire Trump economy. With a straight face.

[Coach is Back!]

He gave a speech earlier this week taking credit for the entire Trump economy. With a straight face.

I saw that,  an absolute embarrassment

[Irongrip400]

We’re headed for a slow down.

[chaos]

We’re headed for a slow down.

Not looking at the stack of quotes on my desk. Although it has to slow down at some point, which I fully expect dems and the media to exploit.

[Princess L]

Nothing new here.

"the October Effect"

https://www.investopedia.com/terms/o/octobereffect.asp

[Straw Man]

for some perspective (yes I now Trumptard will say all economic data was "fake" until the day Trump was sworn in)

[Kwon3]

[Princess L]

[Coach is Back!]

Waiting for Strawman to pull another CNN stat out of his ass

[Moontrane]

We’re headed for a slow down.

We've been heading for a slow down for 9 years, so when it arrives, no one should be shocked. 

If 4th quarter GDP is just 1.7%, 2018 will match the best of the Obama years: 2.9% in 2015.

[Kwon3]

I disagree.

This hasn't been one long recovery started by Obama and now reaching fever pitch under Trump, eventually cooling down after overheating.

This is two economic cycles. Under Obama, 3%, the weakest recovery ever after a recession, business strangled by high taxes, overregulation, a ban on oil drilling in coastal areas and Alaska, and the unpunished act of outsourcing jobs and factories overseas to inflate executive pay in the private sector. That has all but disappeared now due to Trump's movement on all those issues. The drilling thing is going to have to wait until after the midterms, ditto with immigration reform and the wall. But he's accomplished much if his first term program already. The Russia probe's an expensive joke. Even the woman who was accusing him just lost her lawyer because he ripped off his partners and has gone back to dancing for money.

The slowdown isnt going for several more years.

[Moontrane]

I disagree.

This hasn't been one long recovery started by Obama and now reaching fever pitch under Trump, eventually cooling down after overheating.

This is two economic cycles. Under Obama, 3%, the weakest recovery ever after a recession, business strangled by high taxes, overregulation, a ban on oil drilling in coastal areas and Alaska, and the unpunished act of outsourcing jobs and factories overseas to inflate executive pay in the private sector. That has all but disappeared now due to Trump's movement on all those issues. The drilling thing is going to have to wait until after the midterms, ditto with immigration reform and the wall. But he's accomplished much if his first term program already. The Russia probe's an expensive joke. Even the woman who was accusing him just lost her lawyer because he ripped off his partners and has gone back to dancing for money.

The slowdown isnt going for several more years.

I was going for low-hanging fruit.  A recession is inevitable; I just can't pick a time frame.  I and my 401k thank the current administration for removing the wet blankets the previous administration dropped on the economy.