Quote:
Originally Posted by PaceAdvantage
You guys are relentless. We get it. Trump sucks. The country is going to shit.
MoveOn.org
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Interesting reaction to "the economy is
better now* than when Obama exited office." By interesting, I mean bizarre. Perhaps you were reacting to a prior post from last month. It must have been that, because I know you'd never react to the poster and not the post.
GDP growth is a function of productivity/population growth. I don't see any evidence of a pick up in population growth. One could argue the tax cuts will spur capital investment and drive productivity growth higher. That may happen, but it's unknowable at this point. I suspect there's too much leverage in the economy for sustained growth beyond the 2% to 3% level. I said that under Obama, and I'll say it under Trump.
*see weekly first-time unemployment claims
