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There is a lot you can criticize Trump about but what he has done with the economy deserves a lot of credit. Just 3 or 4 years ago, economists were saying that
by liftbigweights 8y ago
There is a lot you can criticize Trump about but what he has done with the economy deserves a lot of credit. Just 3 or 4 years ago, economists were saying that we would never see 4% growth ever again and that 1 to 2% growth was the new normal.
- dragonwriter 8y ago> Just 3 or 4 years ago, economists were saying that we would never see 4% growth ever again and that 1 to 2% growth was the new normal. No, they generally weren't, and any who were saying that we'd never see a quarter of 4% annualized growth rate four years ago (i.e., between the Q2 and Q3 releases of 2014) was especially silly. US GDP growth by quarter for 2014: Q1: -1% Q2: +5.1% Q3: +4.9% Q4: +1.9%