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07-27-2018, 10:34 AM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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Quote:
Originally Posted by finnbow
The Federal Reserve disagrees. Their estimate for 2018 annual GDP growth is 2.8% and even the Lying Dotard just said that he's hoping for an annual growth rate of 3%.
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Well, dandy. We'll see what happens.
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07-27-2018, 11:31 AM
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Reformed Know-Nothing
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Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,916
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Quote:
Originally Posted by whell
Well, dandy. We'll see what happens.
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I'd gladly wager that next quarter's GDP growth rate will not exceed 4.1%.
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As long as the roots are not severed, all will be well in the garden.
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07-27-2018, 01:25 PM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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Quote:
Originally Posted by finnbow
I'd gladly wager that next quarter's GDP growth rate will not exceed 4.1%.
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Even if it "fell" to 3%, that would still be a considered a "win" in my book, since the various economic geniuses said that 3% wasn't possible. I'll bet you that if GDP comes in at 3%, you and Chicket will be in here claiming that its proof that supply side doesn't work, and forget all about how you said 4% riding on Obama's economy. 
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07-27-2018, 03:33 PM
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Reformed Know-Nothing
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Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,916
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Quote:
Originally Posted by whell
Even if it "fell" to 3%, that would still be a considered a "win" in my book, since the various economic geniuses said that 3% wasn't possible...
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Gimme some direct quotes to support this assertion. That said, the Fed said 2.8%, though nowhere did they say somewhat better performance was impossible.
__________________
As long as the roots are not severed, all will be well in the garden.
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07-27-2018, 09:36 PM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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Quote:
Originally Posted by finnbow
Gimme some direct quotes to support this assertion. That said, the Fed said 2.8%, though nowhere did they say somewhat better performance was impossible.
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See post 499 in this very thread
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07-27-2018, 09:44 PM
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Reformed Know-Nothing
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Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,916
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Quote:
Originally Posted by whell
See post 499 in this very thread
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You're now characterize people you routinely criticize as economic geniuses? Which is it? In any event, today's number is a single point, largely inflated by panic purchasing of soybeans. Your breathless cheer-leading for your Dear Leader's economic miracle are a bit much.
__________________
As long as the roots are not severed, all will be well in the garden.
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07-28-2018, 07:42 AM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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Quote:
Originally Posted by finnbow
You're now characterize people you routinely criticize as economic geniuses?
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Tongue in cheek references are lost on you apparently.
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07-27-2018, 03:28 PM
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Senior Member
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Join Date: Mar 2017
Posts: 13,365
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Quote:
Originally Posted by whell
Well, dandy. We'll see what happens.
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We all better hope Ray Dalio’s 1937 comparison is wrong. It’s tracking 94% right now, which does not bode well. Ray is a great deal smarter than the fake economic advisors Donny has hired. I shudder to think how they will handle a real crisis. They’re likely to throw up their hands and abandon ship.
https://www.marketwatch.com/story/if...ble-2018-07-26
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"In a time of deceit telling the truth is a revolutionary act." -
George Orwell
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