2nd quarter GDP 2018

#154
#154
RavinDave said:
Well, it seems most of the so-called leaders on the left couldn't wait to characterize it as unsustainable or somehow not praiseworthy.
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It's not sustainable.

Fox radio had already pointed out it was due to the run up to get things done before the tariffs.

If it lasts for a year, I will absolutely change my position on trump. 180 degrees.

Until then, history tells us it's nothing to get worked up about. Remember, Obama had 4 or 5 quarters of 4%+ growth.
 
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#155
#155
Septic said:
It's not sustainable.

Fox radio had already pointed out it was due to the run up to get things done before the tariffs.

If it lasts for a year, I will absolutely change my position on trump. 180 degrees.

Until then, history tells us it's nothing to get worked up about. Remember, Obama had 4 or 5 quarters of 4%+ growth.
Click to expand...

Get ready to change. Because he did this with 1 hand tied behind his back. We have another round of tax cuts coming and more deregulation to take effect. #economics101
 
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#156
#156
Septic said:
It's not sustainable.

Fox radio had already pointed out it was due to the run up to get things done before the tariffs.

If it lasts for a year, I will absolutely change my position on trump. 180 degrees.

Until then, history tells us it's nothing to get worked up about. Remember, Obama had 4 or 5 quarters of 4%+ growth.
Click to expand...

If you remove impact of imports/exports it’s still 3%.
 
#157
#157
Dims hate it when the economy is good because their dependents become less dependent. The only way they get a vote is by tagging a bribe to it but if needs are met its hard to fire up the base. Mexicans will be the 1st to turn on them when they preach taking us back to 1% growth and 8% unemployment.
 
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#158
#158
Yeah... the good news on the economy has thrown a monkey wrench in Bernie's message. Heard him proclaim his Dem-Socialist party wants to fix the economy. Well, that implies too many folks are working at this time, and he won't be able to give free shiet to his constituency.
 
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#159
#159
IPleadInsanity said:
Dims hate it when the economy is good because their dependents become less dependent. The only way they get a vote is by tagging a bribe to it but if needs are met its hard to fire up the base. Mexicans will be the 1st to turn on them when they preach taking us back to 1% growth and 8% unemployment.
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Well, honestly, both sides do this. If you aren't in power, you play to the weaknesses of the party that is. I remember when Clinton was in office and the economy was rolling, budget was balanced. Was hard, as a Republican, to argue against that.
 
#160
#160
DjUQb1nW0AAt9z3
 
#166
#166
I notice gas prices are going up. Wages are flat. The economic success of corporations and the 1 percent may not translate to middle class come November
 
#170
#170
lawgator1 said:
I notice gas prices are going up. Wages are flat. The economic success of corporations and the 1 percent may not translate to middle class come November
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Summer blended fuels are also more expensive to produce than winter blended fuels and that is passed directly on to the consumer. Plus consumption rises during summer. So unless there is a large swing in unrefined petroleum base cost summer gas is going to cost more than winter gas.
 
#171
#171
lawgator1 said:
I notice gas prices are going up. Wages are flat. The economic success of corporations and the 1 percent may not translate to middle class come November
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Federal gas tax is 18.4 cents /gallon, and Florida state tax is 36.59 cents/gallon.....one of the highest in the nation. Tennessee's is 22.4 cents.
 
#172
#172
lawgator1 said:
I notice gas prices are going up. Wages are flat. The economic success of corporations and the 1 percent may not translate to middle class come November
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Wages up 3% on last jobs report. More jobs open than people to fill them. Go in any service related business and see how braindead the current staff are. Anyone with a consistent pulse has gotten a better job.
 
#173
#173
NorthDallas40 said:
So if it’s EPS, earnings per share, then that is based on actual earnings to that point regardless right?
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Not exactly. In the business world, projected earnings can be as real as actual. It influences your cash position and capital expenditure planning.
 
#175
#175
Vol_Doc said:
Not exactly. In the business world, projected earnings can be as real as actual. It influences your cash position and capital expenditure planning.
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I understand that projected earnings also exist. But I couldn’t tell anything on that graph that indicated they were using projected earnings. It wasn’t clear to me which they were using though.
 
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