Economic growth for second quarter is on track to double 2017's full-year pace

[FakeNews]

The U.S. economy is heating up as the year progresses, with the second quarter pointing toward some of the gaudy growth that President Donald Trump predicted when he was running for office.

In its most recent forecast, the Atlanta Fed said the three-month period is tracking at a 4.6 percent gain, exactly double the 2017 rate and well above the 2.2 percent in the first quarter. If accurate, the growth rate would easily outdistance the 3.1 percent gain for 2017 in the same three-month period.

While running for president, Trump promised his policies would push the economy toward growth he estimated as high as 6 percent.

The Atlanta district raised its forecast after a report Friday morning indicating a stronger-than-expected inventory build that raised the forecast one-tenth of a point.

https://www.cnbc.com/2018/06/08/gdp...ck-to-double-2018-full-year-pace-of-2017.html

 

[ChinoMoreno]

https://www.cnbc.com/2018/06/08/gdp...ck-to-double-2018-full-year-pace-of-2017.html

http://forum.literotica.com/member.php?u=3539773 lol

 

[FakeNews]

http://forum.literotica.com/member.php?u=3539773 lol

man move to my home country if youre unhappy here, lol

man some people dont live in america, you know that right? most of the world is filled with people of colour and trump has made people of colour the enemy. muslims, mexicans, chinese, canadians, lol . if you ever travel outside of your town you would know by the people you talk to. its not a big fucking secret, lol

man plus the whole nazi thing with charlottesville and calling mexicans rapists

Thanks for stopping by, Luke.

 

[von_Bismarck]

FakeNews was generally more polite (that is, less of an ass), until TalkRadio got the banhammer.

https://www.cnbc.com/2018/06/08/gdp...ck-to-double-2018-full-year-pace-of-2017.html

STFU, miles.

 

[FakeNews]

FakeNews was generally more polite (that is, less of an ass), until TalkRadio got the banhammer.



STFU, miles.

Thanks for stopping by, Rory.

 

[FakeNews]

Obama is now the only president in history to never have a year of 3% GDP growth

Following today's extremely disappointing US GDP growth data, we have the final nail in the coffin of President Obama's economic reign. Not only is the average annual growth rate of just 1.48% during Obama's business cycle the weakest of any expansion since at least 1949, he has just become the only President to have not had even one year of 3% GDP growth.

https://www.zerohedge.com/news/2017...resident-history-never-have-year-3-gdp-growth

 

[jaF0]

Shaddup BB.

 

[phrodeau]

How's the DJIA doing lately, hm?

 

[Rightguide]

Shaddup BB.

Good news that reflects on the Trump presidency brings out the hating left to disparage the message and slay the messenger.

 

[FakeNews]

Don't confuse Dow Jones records for overall economic prosperity

How's the DJIA doing lately, hm?

The Dow Jones Industrial Average (Dow) is not the same as the stock market and the stock market is not the same thing as the economy; however, because this benchmark and others are so widely followed and considered by many as proxies for the economy, it is useful to understand what drives the Dow and why.

As we watch stock market barometers rise and fall, we need to keep in mind what they actually measure. The stock market is not the same as the economy, but rather a segment of it. Unemployment, GDP, interest rates, tax policies, balance of trade, etc., are all additional metrics that help us understand the performance of the economy. We should not equate the performance of a handful of companies with the overall state of the economy.

http://thehill.com/blogs/pundits-bl...jones-records-for-overall-economic-prosperity

 

[von_Bismarck]

What I want to know is, how did miles become the news purveyor of the RWCJ? Is it so he can keep his online activities hidden from the wife? (I assume the wife still has miles's balls securely in her purse.)

 

[FakeNews]

What I want to know is, how did miles become the news purveyor of the RWCJ? Is it so he can keep his online activities hidden from the wife? (I assume the wife still has miles's balls securely in her purse.)

Hi, TalkRadio! How soon until your next banning!?

TalkRadio == miles? Now that's funny!

Thanks for stopping by & bumping my thread, Rory.

 

[FakeNews]

What I want to know is, how did miles become the news purveyor of the RWCJ? Is it so he can keep his online activities hidden from the wife? (I assume the wife still has miles's balls securely in her purse.)

How many alts do you have, Rory? For your viewing pleasure...

How's the wife, miles? She still supervising your internet time?

We all know why she keeps your balls in her purse. I mean, to blow 15k on crack whores...

Whatsammatuh, miles? Wife got your balls in her purse again? And you've come to Lit to pretend to be an internet badass and stave off the feeling of being completely emasculated?

miles lashes out at other women for the fact that his wife keeps his balls in her purse, ever since miles' Lit philandering.

STFU, miles.

Your old lady let you take your balls out of her purse today, huh miles?

 

[phrodeau]

Trump was all over the DJIA when it was doing well last year. After it peaked, not a peep from him about it.

 

[von_Bismarck]

Looks like I hit a sore spot for miles. The wife must be keeping a really tight grip on his balls.

 

[Hypoxia]

Trump was all over the DJIA when it was doing well last year. After it peaked, not a peep from him about it.

His guiding principles: Always attack, never defend. Find someone to blame. Take credit for good news and ignore bad news, no matter your involvement. Blast statistics until they go your way. Don't bother with truth, facts, details.

Nothing exists beyond Donnie. Solipsism rules.

 

[FakeNews]

Trump was all over the DJIA when it was doing well last year. After it peaked, not a peep from him about it.

Thanks for bumping my thread, KO.

 

[FakeNews]

Looks like I hit a sore spot for miles. The wife must be keeping a really tight grip on his balls.

You invited me to the party, Rory.

I'm enjoying all the sights and sounds.

 

[FakeNews]

His guiding principles: Always attack, never defend. Find someone to blame. Take credit for good news and ignore bad news, no matter your involvement. Blast statistics until they go your way. Don't bother with truth, facts, details.

Nothing exists beyond Donnie. Solipsism rules.

Wow! You did an excellent job describing Obama.

 

[FakeNews]

Looks like I hit a sore spot for miles. The wife must be keeping a really tight grip on his balls.

Question for you, Rory.

Why are you and your team of alts so obsessed with Miles and his balls?

 

[phrodeau]

Wow! You did an excellent job describing Obama.

Wow! You must have lots of respect for Obama.

 

[bbvi]

How's the DJIA doing lately, hm?

excellent NIGGER DOH!

https://www.google.com/search?q=nas...e.1.69i57j0.4740j0j9&sourceid=chrome&ie=UTF-8

thx for AXIN

 

[Hypoxia]

Wow! You must have lots of respect for Obama.

It's that Bizarro universe. Lots of fun there, but confusing.

 

[Oblimo]

Okay, so the economy is doing great and is getting better the way this are right now.

So please explain why is Trump is fucking around with our international trade, when all evidence shows it’s working great?

 

[HisArpy]

Okay, so the economy is doing great and is getting better the way this are right now.

So please explain why is Trump is fucking around with our international trade, when all evidence shows it’s working great?

Because it's not "working great".

The rest of the world has been ripping off the US through trade agreements where we ship our money and jobs overseas and they send us cheap crap to buy/consume but won't let us sell OUR STUFF in their countries without "tariffs" being imposed.

This is fact; the trade agreements are mostly 1-way and favoring foreign nations. It wasn't Obama's fault, most Presidents since Nixon have followed along with this game plan.

What's happening now with Trump's tariff talks is that the rest of the world doesn't want their gravy train to end and they're HOWLING about it. They've had decades to beat the US down to the point that we'll just send them more trade deficit money whenever they ask for it and not it's got to stop. Fuck 'em. They can find another way to prop up their false economies than stealing money from the US in the form of a "trade agreement".