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  • chico2663
    BARRELED IN @ SBR!
    • 09-02-10
    • 36915

    #1
    gdp
    will roy realize that the gdp is inflated because they ship products before the tariffs hit? That soybeans was up because farmers shipped early. That obama had a 4.9 quarter in 2014. Is he smart enough to realize that the national deficit is exploding. Wondering minds want to know.
  • vitterd
    Restricted User
    • 09-14-17
    • 58460

    #2
    Roy is a headline guy....he does not see anything but the numbers he wants to see....

    Is he smart enough? We all know the answer. An emphatic NO!
    Comment
    • dante1
      BARRELED IN @ SBR!
      • 10-31-05
      • 38647

      #3
      Originally posted by vitterd
      Roy is a headline guy....he does not see anything but the numbers he wants to see....

      Is he smart enough? We all know the answer. An emphatic NO!
      exactly correct, i think Roy meant 4% yearly growth, but a great number. you guys read what the economists said and how they qualified that number. we will see next quarter, especially if some of his economic policies stick.
      Comment
      • Turd Ferguson
        SBR Hall of Famer
        • 08-26-10
        • 7260

        #4
        But I just heard Trump say "we're winning bigger than anyone understands".

        Isn't that all we need to know?
        Comment
        • Bluehorseshoe
          SBR Posting Legend
          • 07-13-06
          • 15003

          #5
          Can you imagine the 180 on the GDP numbers that come out next quarter?
          Comment
          • HockeyRocks
            SBR Hall of Famer
            • 07-10-13
            • 6069

            #6
            Nice number but a few things:

            ......Number Not sustainable according to economist.

            ......Number means the Feds may raise interest rates twice more this year. Not good for middle America.

            ......Number could be destroyed in coming months if Trump continues with his tariff games.

            ......Number really doesn't do much for wages that are still stagnant...

            Carry On...
            Comment
            • DwightShrute
              SBR Aristocracy
              • 01-17-09
              • 103379

              #7
              TDS overload!

              Comment
              • ByeShea
                SBR Hall of Famer
                • 06-30-08
                • 8112

                #8
                So that 4.1% GDP growth ... is bad/means nothing/misleading/a mirage, etc.

                Guys - honestly, this is where hate as a master plan gets you. Not that hating and persecuting all things Trump has achieved a single end for the left, but now it makes committed resisters interpret good news as OH NOT SO GOOD AT ALL, IN FACT IT'S BAD.

                And that's all well and dandy, but you know what they say about the definition of insanity: it's doing the same thing over and over again and expecting different results.
                Comment
                • Git Lo
                  SBR MVP
                  • 02-20-11
                  • 3785

                  #9
                  Originally posted by ByeShea
                  So that 4.1% GDP growth ... is bad/means nothing/misleading/a mirage, etc.

                  Guys - honestly, this is where hate as a master plan gets you. Not that hating and persecuting all things Trump has achieved a single end for the left, but now it makes committed resisters interpret good news as OH NOT SO GOOD AT ALL, IN FACT IT'S BAD.

                  And that's all well and dandy, but you know what they say about the definition of insanity: it's doing the same thing over and over again and expecting different results.
                  Econ is about reading more than the headline, if you only look at the headline number it's fake news.
                  Comment
                  • HockeyRocks
                    SBR Hall of Famer
                    • 07-10-13
                    • 6069

                    #10
                    Originally posted by ByeShea
                    So that 4.1% GDP growth ... is bad/means nothing/misleading/a mirage, etc.

                    Guys - honestly, this is where hate as a master plan gets you. Not that hating and persecuting all things Trump has achieved a single end for the left, but now it makes committed resisters interpret good news as OH NOT SO GOOD AT ALL, IN FACT IT'S BAD.

                    And that's all well and dandy, but you know what they say about the definition of insanity: it's doing the same thing over and over again and expecting different results.
                    No one's hating on these numbers...Just take a few minutes and educate yourself on what people in the know, economist say about the number......No question, it's a great number, but may be a distant memory if other changes aren't made...Happy researching.
                    Comment
                    • HockeyRocks
                      SBR Hall of Famer
                      • 07-10-13
                      • 6069

                      #11
                      Market has slipped into negative territory, must not be convinced of the latest GDP number is such a fantastic thing for the economy...
                      Comment
                      • vitterd
                        Restricted User
                        • 09-14-17
                        • 58460

                        #12
                        Originally posted by DwightShrute
                        TDS overload!

                        You’re not even an American. Trump doesn’t want you here. The guy you love would kick you out of here.
                        Comment
                        • DwightShrute
                          SBR Aristocracy
                          • 01-17-09
                          • 103379

                          #13
                          Comment
                          • ByeShea
                            SBR Hall of Famer
                            • 06-30-08
                            • 8112

                            #14
                            Originally posted by Git Lo
                            Econ is about reading more than the headline, if you only look at the headline number it's fake news.
                            This 4.1 isn't some nice number out of the blue - positive metrics, been popping up for well over a year. Tremendously low unemployment for one, consumer confidence and small business activity too... Economy is booming. Not sure how anyone can make a case otherwise - but I admit I enjoy watching people trying to deny it because of who the President is.
                            Comment
                            • ByeShea
                              SBR Hall of Famer
                              • 06-30-08
                              • 8112

                              #15
                              Originally posted by HockeyRocks
                              Market has slipped into negative territory, must not be convinced of the latest GDP number is such a fantastic thing for the economy...
                              Oh I don't know, maybe Facebook revising revenues downward and losing 120 billion in market cap in the past 36 hours has a little something to do with that, ya think?
                              Comment
                              • HockeyRocks
                                SBR Hall of Famer
                                • 07-10-13
                                • 6069

                                #16
                                Originally posted by ByeShea
                                Oh I don't know, maybe Facebook revising revenues downward and losing 120 billion in market cap in the past 36 hours has a little something to do with that, ya think?
                                What did you learn from your research on why the number 4.1 is what it is????
                                Comment
                                • Git Lo
                                  SBR MVP
                                  • 02-20-11
                                  • 3785

                                  #17
                                  Hockey gets it, the USD would of blasted off if they algorithms accepted the headline
                                  Comment
                                  • ByeShea
                                    SBR Hall of Famer
                                    • 06-30-08
                                    • 8112

                                    #18
                                    Originally posted by HockeyRocks
                                    What did you learn from your research on why the number 4.1 is what it is????
                                    I learned that someone who'd frame a question like you just did doesn't know what the fuk he's talking about.
                                    Comment
                                    • ByeShea
                                      SBR Hall of Famer
                                      • 06-30-08
                                      • 8112

                                      #19
                                      Originally posted by Git Lo
                                      Hockey gets it, the USD would of blasted off if they algorithms accepted the headline
                                      USD "blast off"?

                                      Bunch of high school drop outs in here.
                                      Comment
                                      • DwightShrute
                                        SBR Aristocracy
                                        • 01-17-09
                                        • 103379

                                        #20
                                        Originally posted by Git Lo
                                        Hockey gets it, the USD would of blasted off if they algorithms accepted the headline
                                        I am guessing that if it was 2.1, you guys would be quoting them and happy about it to boot. Tell me I am wrong.
                                        Comment
                                        • HockeyRocks
                                          SBR Hall of Famer
                                          • 07-10-13
                                          • 6069

                                          #21
                                          Originally posted by ByeShea
                                          I learned that someone who'd frame a question like you just did doesn't know what the fuk he's talking about.
                                          It's so easy to expose the low information IGNORANT Douchebag Don voters on SBR.....Smackdowns like this come sooooooooo easy daily....Now get fukking lost shea...
                                          Comment
                                          • ByeShea
                                            SBR Hall of Famer
                                            • 06-30-08
                                            • 8112

                                            #22
                                            Originally posted by DwightShrute
                                            I am guessing that if it was 2.1, you guys would be quoting them and happy about it to boot. Tell me I am wrong.
                                            TAKE IT FROM THE PROS...........

                                            Comment
                                            • HockeyRocks
                                              SBR Hall of Famer
                                              • 07-10-13
                                              • 6069

                                              #23
                                              Originally posted by DwightShrute
                                              I am guessing that if it was 2.1, you guys would be quoting them and happy about it to boot. Tell me I am wrong.
                                              Dwight,

                                              I'm very happy with today's number and fully invested that allows me to be semi-retired and live very comfortably off a 6 figure income...According to economist this number will not be sustainable especially if Trump continues his tariff games. The other thing that helped this number was farmers sold their soybeans to beat the tariffs. Just today Coke announced a 10% increase in their prices because of the cost of aluminum.. This is just the beginning of increased prices to consumers which going forward will affect GDP... This is equal to a tax on Americans..So one quarter does not make a year, so at the end of the year we end up with annual 2.5-3.0% GDP will be a good thing... Carry On..
                                              Comment
                                              • chico2663
                                                BARRELED IN @ SBR!
                                                • 09-02-10
                                                • 36915

                                                #24
                                                Originally posted by ByeShea
                                                This 4.1 isn't some nice number out of the blue - positive metrics, been popping up for well over a year. Tremendously low unemployment for one, consumer confidence and small business activity too... Economy is booming. Not sure how anyone can make a case otherwise - but I admit I enjoy watching people trying to deny it because of who the President is.
                                                Do you understand that they sold 50% more in soy beans to beat the tariffs. If they buy their normal soybeans it will mean a 50% decrease this next quarter. Also when obama did a 4.9 in a quarter in 2014 did you raise a beer to him?
                                                Comment
                                                • HockeyRocks
                                                  SBR Hall of Famer
                                                  • 07-10-13
                                                  • 6069

                                                  #25
                                                  Originally posted by chico2663
                                                  Do you understand that they sold 50% more in soy beans to beat the tariffs. If they buy their normal soybeans it will mean a 50% decrease this next quarter. Also when obama did a 4.9 in a quarter in 2014 did you raise a beer to him?
                                                  That one is waste of time, nothing but FRUITLOOPS between they're ears...
                                                  Comment
                                                  • DwightShrute
                                                    SBR Aristocracy
                                                    • 01-17-09
                                                    • 103379

                                                    #26
                                                    Originally posted by HockeyRocks
                                                    Dwight,

                                                    I'm very happy with today's number and fully invested that allows me to be semi-retired and live very comfortably off a 6 figure income...According to economist this number will not be sustainable especially if Trump continues his tariff games. The other thing that helped this number was farmers sold their soybeans to beat the tariffs. Just today Coke announced a 10% increase in their prices because of the cost of aluminum.. This is just the beginning of increased prices to consumers which going forward will affect GDP... This is equal to a tax on Americans..So one quarter does not make a year, so at the end of the year we end up with annual 2.5-3.0% GDP will be a good thing... Carry On..
                                                    Hockey, most economists have been 100% wrong about Trump from day one. That is just a fact. You think Trump just does it on his own? You can't be that naive. He is surrounded by economists and advisors also. Just not the failed doom and gloom ones who are always wrong. Time will tell.
                                                    Comment
                                                    • chico2663
                                                      BARRELED IN @ SBR!
                                                      • 09-02-10
                                                      • 36915

                                                      #27
                                                      Originally posted by DwightShrute
                                                      Hockey, most economists have been 100% wrong about Trump from day one. That is just a fact. You think Trump just does it on his own? You can't be that naive. He is surrounded by economists and advisors also. Just not the failed doom and gloom ones who are always wrong. Time will tell.
                                                      the real economist left. He has a talking head from fox news as his economist. It would be akin to letting dr. phil do your heart surgery.
                                                      Comment
                                                      • khicks26
                                                        SBR Aristocracy
                                                        • 09-16-06
                                                        • 45692

                                                        #28
                                                        Comment
                                                        • RoyBacon
                                                          BARRELED IN @ SBR!
                                                          • 09-21-05
                                                          • 37074

                                                          #29
                                                          Originally posted by ByeShea
                                                          So that 4.1% GDP growth ... is bad/means nothing/misleading/a mirage, etc.

                                                          Guys - honestly, this is where hate as a master plan gets you. Not that hating and persecuting all things Trump has achieved a single end for the left, but now it makes committed resisters interpret good news as OH NOT SO GOOD AT ALL, IN FACT IT'S BAD.
                                                          Good points.

                                                          They are trapped. There was a reason they were completely desperate to kill the tax cuts. They knew this would happen. They knew the economy would grow and average Americans would notice and be pleased.

                                                          This is the 2nd great qtr since the tax cuts were enacted. EVERYONE continues to underestimate their effects. The brightest economists in the world were projecting 3.3% just 90 days ago. That's a huge under estimate.
                                                          Comment
                                                          • maggiethebestdog
                                                            SBR Hall of Famer
                                                            • 12-21-13
                                                            • 6700

                                                            #30
                                                            Originally posted by chico2663
                                                            the real economist left. He has a talking head from fox news as his economist. It would be akin to letting dr. phil do your heart surgery.
                                                            Fox news??
                                                            Lol
                                                            Take your meds Chico
                                                            Comment
                                                            • Shafted69
                                                              SBR Hall of Famer
                                                              • 07-04-08
                                                              • 6412

                                                              #31
                                                              Inflated GDP due to tarrifs. fake news!!!
                                                              Comment
                                                              • RoyBacon
                                                                BARRELED IN @ SBR!
                                                                • 09-21-05
                                                                • 37074

                                                                #32
                                                                Originally posted by chico2663
                                                                the real economist left. He has a talking head from fox news as his economist. It would be akin to letting dr. phil do your heart surgery.
                                                                chico you do know that Kudlow was the chief economist for Bear Sterns in the 80's and 90's? He's written respected books, attended Princeton and been very accurate over many years.

                                                                I know you tards hate anything associated with Fox but geessh find some semi-valid points.

                                                                Mnuchin is the brains behind all the financial matters. Kudlow is really just a spokesman.
                                                                Comment
                                                                • maggiethebestdog
                                                                  SBR Hall of Famer
                                                                  • 12-21-13
                                                                  • 6700

                                                                  #33
                                                                  Kudlow was not on Fox news
                                                                  My God
                                                                  Comment
                                                                  • chico2663
                                                                    BARRELED IN @ SBR!
                                                                    • 09-02-10
                                                                    • 36915

                                                                    #34
                                                                    Originally posted by RoyBacon
                                                                    chico you do know that Kudlow was the chief economist for Bear Sterns in the 80's and 90's? He's written respected books, attended Princeton and been very accurate over many years.

                                                                    I know you tards hate anything associated with Fox but geessh find some semi-valid points.

                                                                    Mnuchin is the brains behind all the financial matters. Kudlow is really just a spokesman.
                                                                    roy do you know in the 80's I could run a 4.5 forty and a 10.3 100 yrd dash. That in high school i lettered in track long jump and 1600 meters. Played receiver and monster in football lettered and center field and 2nd base in baseball senior yr and lettered.. What I'm trying to say what the penetrate does 30 years ago mean. Also i was on the football team in college for 3 weeks and played rugby for 3 years
                                                                    Comment
                                                                    • chico2663
                                                                      BARRELED IN @ SBR!
                                                                      • 09-02-10
                                                                      • 36915

                                                                      #35
                                                                      Originally posted by maggiethebestdog
                                                                      Kudlow was not on Fox news
                                                                      My God
                                                                      my bad . even worse he was on cnbc. fake news as you would say
                                                                      Comment
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