The Trump Effect: Buffett says economy is feeling strong

[FakeNews]

Berkshire Hathaway chairman Warren Buffett and J.P. Morgan Chase chief executive Jamie Dimon told CNBC the U.S. economy is in rare form and could continue to prove strong for years to come.

The two business leaders spoke as indicators of economic health continued to show strength. The unemployment rate, for example, fell to an 18-year low of 3.8 percent, according to figures released Friday, while second-quarter growth may reach 4.5 percent, according to the Atlanta Fed's GDPNow tracker.

https://www.cnbc.com/2018/06/07/buffett-says-economy-is-feeling-strong.html

 

[WoundedKnee]

You know who deserves the credit don't you?
The same President who just got a woman's life sentence commuted.

Yes, that guy, President Barack Hussein Obama, the architect of the economy and the clemency...



... thanks to the Worm, he might be also on the verge of a historical deal with the Kim Regime in North Korea!




The only think that Trump could do would be to lay ruin, destruction, and death to the plan causing a world-wide economic meltdown and WAR! You know everything Republicans do is geared to get us into WAR!!!

 

[ChinoMoreno]

You know who deserves the credit don't you?
The same President who just got a woman's life sentence commuted.

Yes, that guy, President Barack Hussein Obama, the architect of the economy and the clemency...



... thanks to the Worm, he might be also on the verge of a historical deal with the Kim Regime in North Korea!




The only think that Trump could do would be to lay ruin, destruction, and death to the plan causing a world-wide economic meltdown and WAR! You know everything Republicans do is geared to get us into WAR!!!

man you go from zero to obama in 3 seconds while you defend your guy, lol

 

[FakeNews]

Final Tally: Obama's subpar economy cost Americans $2.4 trillion

Economics: The GDP report for the fourth quarter last year was a fitting end to President Obama's time in office. At a tepid 1.9% growth, it means that the economy once again underperformed everyone's expectations.

As late as June 2016, the Obama administration was forecasting that real GDP would climb 2.2% for the year. Actual growth for 2016 was 1.6%, according to the Bureau of Economic Analysis.

Just how weak? Compare GDP growth of the 10 previous recoveries to Obama's, which is now 30 quarters long. What you find is that, on average, the real GDP had grown 33.5% over that length of time. Under Obama, total GDP growth has been 17.1%.

In dollar terms, if Obama's recovery had merely been average, the nation's GDP would be $2.4 trillion bigger. That translates into $19,000 in lost income per household.

https://www.investors.com/politics/...s-subpar-economy-cost-americans-2-4-trillion/

 

[WoundedKnee]

You do not understand defense...

All you know is to be offensive. And you spend an incredible amount of time doing it.

Shut-in?

 

[bestone4ever]

You do not understand defense...

All you know is to be offensive. And you spend an incredible amount of time doing it.

Shut-in?

Who the fuck are you taking to and how the fuck can you possibly trash anyone else when you get paid by the post?

 

[Libsam]

Buffett is a genius, he knows how to work it.

Remember how he praised the government for injecting billions of tax payers dollars into his own pocket, oops, I meant to say into the US economy.

 

[ThatsTheGuy]

Who the fuck are you taking to and how the fuck can you possibly trash anyone else when you get paid by the post?

Oh no you didn't!?!?

 

[about_average]

The only think that Trump could do would be to lay ruin, destruction, and death to the plan causing a world-wide economic meltdown and WAR! You know everything Republicans do is geared to get us into WAR!!!

Well, we do seem well down the path to a trade war.
Though that's mostly Trump, but the republicans are more than willing to sell their souls to back him so most will come around.

 

[Hypoxia]

Well, we do seem well down the path to a trade war.

Tromp imposes tariffs on USA's major trade partners and cuts deals with greatest trade competitor. Tariff targets retaliate with equal tariffs. That's a trade war. Prices of materials and products rise faster than rigged incomes. Quality of life deteriorates unless you're 1%. Fuck the 99%.

Though that's mostly Trump, but the republicans are more than willing to sell their souls to back him so most will come around.

Gups know they can't win free and fair elections. They're unable to govern because that requires compromise, which is ideological treason. They see Tromp as their path to dictatorial domination. Fuck the consent of the governed. Do as you're told. Show us your papers.