Discussion: US Economy Grew At Solid 3.2% Rate In First Quarter, Exceeding Expectations

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US Economy Grew At Solid 3.2% Rate In First Quarter, Exceeding Expectations US Economy Grew At Solid 3.2% Rate In First Quarter, Exceeding Expectations Back to article
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Prepare to hear Trump boasting about it all day tomorrow.

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Thanks, Obama!

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Much of today remains for tweeting.

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Some of Trump’s greatest gifts to us (in the world of stupid) come to us when he is feeling even more megalomaniac than normal (yeah I know…how can that be??? :laughing:)

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If this was based on sound economic reasoning …
which it is NOT …

I’d feel better about it … of course —

When the pendulum a-swings the other way … I fear …
it’s not going to be … gentle –

Best be ready —

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Hmmmpf…That growth must have happened elsewhere. I certainly don’t see it from where i am sitting.

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What Trump shows is that the United States is robust and diversified enough to hum along in spite of deranged Donald. In fact, I’ll bet we’d do better with wax dummies in the White House.

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Wax dummies, as opposed to real dummies, correct?

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Is this POS the luckiest life form alive? Because we all know that things will start tanking on January 1, 2021. (But only if it’s a Dem president.)

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Best be ready —

Yup. Add 1.5 Trillion in debt, increase public spending, push exports hard as no one knows what’s going on with China/U.S. trade wars, and bingo, let’s party! Meanwhile, consumer spending was down and wages still suck.

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All may not be as it seems.


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(But only if it’s a Dem president.)

And debt is at an all-time high! LOL!

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You’ll excuse me if I don’t believe a thing that comes out of this maladministration, especially the numbers they provide…How many people did they have to replace with Stephen Moore types to get these numbers? I mean sure, I’m paying more than a dollar from a year ago in per gallon gasoline prices, and that kind of increase probably adds to those numbers, but tell me, where is the fucking growth coming from? I don’t see it.

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As we speak today. With a Republican POS in the WH.

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I hate to rain on the everything is great parade, but 3M is a company that represents a broad sector of the economy. Yesterday was not so great for them:

Shares of 3M Co. suffered their biggest one-day decline in over 30 years, after the industrial, health-care and consumer products company missed profit and revenue expectations, slashed its full-year outlook, and said it was cutting 2,000 jobs.

Our debt is exploding during a great economy. I dipped my toes into a gold ETF product recently. I’m not generally a gold person. I think we’re at a peak. Don’t know when we will dip, but I feel it’s getting frothy. Just an opinion. Do your own homework before you make any moves. Historically, Summer selloffs start the latter part of May.

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All i hear from talking heads is that if the Economy keeps going strong Trump is guaranteed a 2nd term. I hate to hope for a recession but, it’s worth it to get him out

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It is easy to grow the economy when you deficit spend just as it is easy to live like you’re rich on credit cards.

For a while, then, anyway.

Sadly, if a Democrat like Biden is selected and Nancy “Pay Go” Pelosi is still Speaker, we’ll probably hear more about Obama’s “Grand Bargain” and the need to cut Social Security and Medicare and how we can’t afford nice things like healthcare and education and infrastructure.

Get ready for another bipartisan “Cat Food Committee!”

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It’ll be a good time to buy.

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Jesus george, stop being a nihilist so early on a Friday morning!

Cat Food Committee? Let’s not go there … seeing all those old man faces telling us ‘there’s no money, tighten your belts’ …

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