How can anyone be so out of touch? Mueller isn't investigating the quarterly economic numbers. Although maybe he should:
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To begin with, let’s recall that on the campaign trail, Trump promised growth of 3.5% a year, and sometimes even 4%. That’s sustained, annual growth, not annualized growth for a single quarter. He still hasn’t delivered on that promise. Looking back over the last 12 months, real GDP has grown by 2.85% in a year.
As we reported in May 2017, economists agree that a sustained growth rate of 3.5% or higher would be a significant achievement. They also agree that it will be extremely difficult to achieve, given obstacles that include a workforce nearing full employment and a slowdown in productivity.
In any case, a 4.1% annualized growth rate isn’t only not “amazing,” it’s not even particularly remarkable. The Obama administration reached it in four quarters, including one with an annualized rate of 5.1%. Despite that record, the economy never grew at an annual rate of 3% during those eight years. Trump’s second-quarter GDP growth would rank only fifth among Obama’s quarters.
What about the prospects for the future, of which Trump spoke so effusively? Economists aren’t so sanguine. The second-quarter growth rate, several have pointed out, is based on not a few one-off phenomena. If they revert to the mean, the third-quarter growth rate will come in much lower, possibly below 3%, annualized.
If you borrow enough money from your grandchildren and throw it at the economy, it will grow faster, for a while.
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The group think is strong here.
Yes, I've noticed. Trump's supporters are circling the wagons. Such denialism. You know, you don't have to keep sticking up for the clown. Just walk away — Ann Coulter did: I've never seen such a bad dealmaker.
Your parents and grandparents might all be demokkkrats. Your neighbors might all be Democrats. Your city and state might all be Democrats. Even your dog and your cat might be Democrats. But YOU do not have to remain on the Democrat plantation.
Just walk away. Walk away from the gangsterism, the insanity, the hate, and the crime syndicate of the Democrat party.
If all of these other people can do it, so can you. Just walked away....
LOCK HIM UP. ADJOINING CELLS WITH MANAFORT AND COHEN . AND FLYNN AND GATES AND PAPADOPOULOS.. AND PUTIN. THE WHOLE SWAMPY CREW. VOTE DEMOCRAT IN NOVEMBER AND DRAIN THE SWAMP.
What they also never mention is that if the economy grew at that rate, Social Security would never need adjusting and our social safety nets would not be in dire financial straits.
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NSFW (view)
blatham
5
Wed 22 Aug, 2018 06:37 am
Incorporate this with an image of Trump and you'll have one hell of a t-shirt
Not a crime, but not only the the prosecution thinks differently ...
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WASHINGTON (Reuters) - U.S. President Donald Trump’s former lawyer Michael Cohen would not accept a presidential pardon, his attorney said on Wednesday, a day after Cohen pleaded guilty to eight criminal charges and said he acted at the direction of Trump.
Cohen pleaded guilty to eight criminal charges and said he acted at the direction of Trump.
Pretty misleading statement. It leaves the reader with the impression Trump had something to do with all 8 charges. That simply is not true because Cohen did not say any such thing.
Plus Obama received a slap on the wrist for campaign finance issues. D'Souza went to jail and Rosie O'Donnell was not even charged. All hypocrisy all the time.
@hightor: How can anyone be so out of touch? Mueller isn't investigating the quarterly economic numbers.
cj: Mueller is investigating Russian collusion.
Speaking of folks so out of touch with reality. What country is it that is thee all time leader in interfering, illegally invading, terrorizing, ... other countries but the US of A? [rhetorical question]
You are not taking into account the DoJ changed the process regarding subpoena power concerning presidents after the Clinton impeachment. Like I said your meme makers are just plain stupid. And you are simply not telling the whole truth because it scares the Hell out of you.