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Featured U.S. Economy Roars Back, Grew 2.9% in Third Quarter

Discussion in 'News & Current Events' started by InTheLight, Oct 28, 2016.

  1. 777

    777 Well-Known Member
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  2. InTheLight

    InTheLight Well-Known Member
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    Yeah, I quoted that article a few posts upstream. My graphic saying Obama has never had a *year* with 3% GDP growth is true.

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  3. 777

    777 Well-Known Member
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    Wow, I thought I read through the whole thread but now I see the post - well, they are saying they think Q4 will come in at between 2 and 2.5 so you will be right there about Obama and his less-than-stellar GDP numbers. If Trump does actually spend a trillion dollars on infrastructure, whatever that means to him, the GDP will go up temporarily much higher than what they are saying in the article.
     
  4. InTheLight

    InTheLight Well-Known Member
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    If Trump signs a tax cut bill, especially a corporate tax cut, we should see 3% GDP. We would probably see 3% in his first quarter in office just based on what he wants to do.

    Lower regulations, sign the XL pipeline bill, some spending cuts, and we will easily see 3% GDP growth. Don't even need the infrastructure bill to get there.

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