View Full Version : New 2nd Quarter US GDP numbers are out
dan_bgblue
08-26-2016, 09:20 PM
Do a google search to see which news outlets are reporting on the new numbers.
Just more evidence that supports a popular theory
KeithKSR
08-27-2016, 09:43 AM
If we had a republican president it wouldn't be hard to find.
StuBleedsBlue2
08-27-2016, 10:22 PM
Dips are fine, and to be expected.
As long as we're in a growth stage and the trend line has a positive slope(something that our last 2 Republican Presidents weren't able to achieve), then we're fine.
Can we(and should be) do better? Of course.
I like trends. So I'm going with the trend that Democratic leadership bodes for better, and stronger, growth. If you look at positive slope GDP growth under the last 5 Presidents, both Democrats achieved it, but only Reagan was only able to do it for the Republicans. Even that, if you look at a Bush Presidency as a Reagan 3rd term, that growth turns negative.
Dips = Democrat president
Crash = Republican presidential
I certainly remember growth under both Bushes
http://www.tradingeconomics.com/united-states/gdp-growth
July 2014 it was at 5, now it's 1.1. That looks like a downward trend to me, although I'm sure somehow that is the GOP's fault
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