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Re:Second-quarter US GDP growth revised up to 4.2 percent on...
by dang on Wednesday August 29, 2018 @10:35PM
(#17873743)
Please do not post partisan flamebait to HN.
Re:Second-quarter US GDP growth revised up to 4.2 percent on...
by user1324345 on Thursday August 30, 2018 @12:30PM
(#17878037)
Apparently facts are "partisan flamebait". I would be happy to write an NLP bot that parses your moderation and exposes political bias on this website. Consider an experiment where I post biases from either side, recording your respective responses and A/B test this websites moderation.
Re:Second-quarter US GDP growth revised up to 4.2 percent on...
by VikingCoder on Wednesday August 29, 2018 @09:42PM
(#17873541)
Yes, he did. It's amazing how inheriting a thriving economy, and then lowering taxes, while increasing government spending, can result in a strong economy. Unfortunately the national debt is going up and up, too.
Re:Second-quarter US GDP growth revised up to 4.2 percent on...
by simula67 on Wednesday August 29, 2018 @11:14PM
(#17873871)
US economy is strong enough that it rebounds after a crash like in 2008. The recovery under Obama was the worst in a long time [1]
Stock markets ( which are a rough proxy for investor confidence ) went up on the eve of election results [2], so it is an awfully specific time for the "inherited economy" to improve
[1] https://www.forbes.com/sites/louiswoodhill/2012/08/01/obama-...
[2] https://www.businessinsider.in/Heres-why-stocks-have-been-on...
Re:Second-quarter US GDP growth revised up to 4.2 percent on...
by linkregister on Thursday August 30, 2018 @02:34AM
(#17874529)
Real GDP growth quarter-over-quarter was higher in 2014 than in 2017 or 2018 [1].
In reality, the chief executive has a small possible impact on the economy in the positive direction, and an unbounded opportunity for plunging its economy. Claiming Obama is responsible for the recovery is disingenuous (beyond some good Federal Reserve and Treasury appointments).
1. https://www.statista.com/statistics/188185/percent-chance-fr...
Re:Second-quarter US GDP growth revised up to 4.2 percent on...
by mcphage on Wednesday August 29, 2018 @09:33PM
(#17873506)
And all it took is Republicans abandoning their perennial platform of cutting spending and free markets. I wonder what else they were complete wrong about?
Re:Second-quarter US GDP growth revised up to 4.2 percent on...
by GhostVII on Wednesday August 29, 2018 @09:49PM
(#17873563)
I doubt that the current administrations policies have had much effect on the economy yet, not enough time has passed. And even if the economy was doing well due to their decisions, you can't use that data to determine that policies they chose not to implement were flawed.
Re:Second-quarter US GDP growth revised up to 4.2 percent on...
by maxxxxx on Wednesday August 29, 2018 @10:08PM
(#17873648)
Look at pretty much all economical stats. Since 2009 they all have been going up steadily. You will have trouble even seeing a change when Trump came in. Let's talk about Trump in 4 or 8 years and let's see what the effect of his policies will be then.