Supply-Side Economics

[Chicks]

Originally Posted by whell

There you go again looking at a single quarter of data and then declaring the apocalypse.

There you go again, looking at a single quarter of data and calling it a trend.

Ian Shepherdson, an economist at Pantheon Macroeconomics, said following Friday’s report, “In one line: Looks great; won’t last.”

Paul Ashworth, chief US economist at Capital Economics, said Friday, “Overall, helped by the massive fiscal stimulus, the economy enjoyed a strong first half of this year but, as the stimulus fades and monetary policy becomes progressively tighter, we expect GDP growth to slow markedly from mid-2019 onwards.”


But you go right ahead and believe Donny’s lies.

[whell]

Originally Posted by Chicks

There you go again, looking at a single quarter of data and calling it a trend.

But you go right ahead and believe Donny’s lies.

And yet, I specifically said in two posts "..it's only one quarter of data". It also expressed hope that is was the start of a trend, which is an acknowledgement of understanding that a single quarter of data does not equal a trend.

I guess you accuse others of lying because it comes so easy to you. And I also note that you can't even acknowledge that the economy growing a more than 4% is good news.

[finnbow]

Originally Posted by whell

And I also note that you can't even acknowledge that the economy growing a more than 4% is good news.

Did you acknowledge good news when quarterly GDP growth rates of 4.6% and 5.2% occurred in Q2 and Q3 of 2014 under Obama?