PDJT Did It! Checkout the 2nd Quarter real GDP Rate! WINNING!

OUR PRESIDENT DID IT!

2nd Quarter Advance Estimate for real GDP came out this morning at 4.1%!

You can read the report at the link below:

https://bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm

What jumped out at me from the report was the following:

Current-dollar GDP increased 7.4 percent, or $361.5 billion, in the second quarter to a level of $20.4 trillion. In the first quarter, current-dollar GDP increased 4.3 percent, or $209.2 billion.

They also had to adjust the 1st Quarter real GDP from 2.0% to 2.2%! Over the past 9 years, the average real GDP for the 1st Quarter was 1.2%.

Not since 2004 has our country had an Annual real GDP of 3.0%! Our President and his Killers are going to accomplish that this year!

WINNING!

https://twitter.com/cvpayne/status/1022842624321957888?s=21

https://twitter.com/peoples_pundit/status/1022832166504415233?s=21

From the article linked above:

“If the rest of the quarterly GDP reports for 2018 show similar improvement, it would be reasonable to see Q2 at +4.0%, Q3 at +3.9% and Q4 at +3.7%,” Tim Anderson, Managing Director of TJM Investments, LLC said. “If we actually hit those numbers it would give us GDP growth for 2018 of +3.4%.”

Current-dollar GDP rose 7.4%, or $361.5 billion, to a level of $20.4 trillion in Q2. That’s up from a gain of 4.3%, or $209.2 billion, in Q1.

If the rest of the quarterly GDP reports for 2018 show similar improvement, it would be reasonable to see Q2 at +4.0%, Q3 at +3.9% and Q4 at +3.7%. If we actually hit those numbers it would give us GDP growth for 2018 of +3.4%.

This never gets old!

https://twitter.com/gop/status/1022863282091307013?s=21

Just imagine what the real GDP will come in at as soon as our President fixes every single damn trade deal that sold out our country.

The article below gives you a taste!

https://twitter.com/unseen1_unseen/status/1022869824249241600?s=21

From the article linked above:

Consumer spending outpaced expectations, growing four percent. Bloomberg reported, “net exports contributed 1.06 percentage point to the pace of growth, the most since 2013, partly on a surge in soybean shipments ahead of retaliatory tariffs.”

Our President deserves to tell the world that our country is BACK!

https://twitter.com/realdonaldtrump/status/1022877332858650624?s=21

 

 

9 thoughts on “PDJT Did It! Checkout the 2nd Quarter real GDP Rate! WINNING!

  1. I figured you’d post about this, because I know you pay close attention to GDP growth rates.

    (And THANK YOU for including the word “rate”; there’s a big difference between a Gross Domestic Product of 4.1 percent (4.1 percent of what, precisely?) and a rate of growth of the GDP, of 4.1 percent; i.e., it grew 4.1 percent versus the previous number.)

    (PDJT, for all his virtues, doesn’t speak precisely sometimes; we know what he means anyway. We remember the Golden Rule of Trump Watching: Take him seriously but not literally.)

    Liked by 2 people

      1. Said correctly or incorrectly, it’s almost more winning than I can stand.

        OK, it’s not even close to being more winning than I can stand. It’s a lot of winning, but I can stand a tremendous amount.

        MAGA on!

        Liked by 2 people

  2. This is just what I wanted to know! I wondered 4.1% of what?? So if the GDP is the increase over the previous rate, then the increase during Obama’s term in 2014 wouldn’t mean that much. Like his “reducing the deficit” actually meant he was reducing his own deficit!

    Between Sundance and Fleporeblog, and the comments, I’m learning so much!!

    Liked by 2 people

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