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Sorry DEMs, GDP under Trump projected to hit 15-year high
Posted by:
Gerrytarderer666
()
Date: April 26, 2018 11:10AM
The Congressional Budget Office's budget and economic outlook released this month projects that real Gross Domestic Product will grow by 3.3 percent from the fourth quarter of 2017 to the fourth quarter of 2018.
That would mark a 15-year high.
"In CBO's projections, real GDP expands by 3.3 percent this year and by 2.4 percent in 2019," says the CBO report. "It grew by 2.6 percent last year."
The last time real GDP grew by more than 3.3 percent from the fourth quarter of one year to the fourth quarter of the next was in 2003, when it grew by 4.4 percent, according to the historical data published by the Bureau of Economic Analysis.
"In our economic projections which underlie our budget projections, inflation-adjusted GDP--or real GDP--expands by 3.3 percent this year, and by 2.4 percent in 2019," CBO Director Keith Hall told the House Budget Committee in testimony on April 12.
That would mark a 15-year high.
"In CBO's projections, real GDP expands by 3.3 percent this year and by 2.4 percent in 2019," says the CBO report. "It grew by 2.6 percent last year."
The last time real GDP grew by more than 3.3 percent from the fourth quarter of one year to the fourth quarter of the next was in 2003, when it grew by 4.4 percent, according to the historical data published by the Bureau of Economic Analysis.
"In our economic projections which underlie our budget projections, inflation-adjusted GDP--or real GDP--expands by 3.3 percent this year, and by 2.4 percent in 2019," CBO Director Keith Hall told the House Budget Committee in testimony on April 12.
Re: Sorry DEMs, GDP under Trump projected to hit 15-year high
Posted by:
President Trump's FTW!
()
Date: April 26, 2018 12:01PM
Simply amazing. Libs hate Americans doing so well.
Re: Sorry DEMs, GDP under Trump projected to hit 15-year high
Posted by:
15 Year High?
()
Date: April 26, 2018 12:06PM
Will this High come from aclcohol, weed or opioids? What would Dr. Ronny Jackson prescribe?
Re: Sorry DEMs, GDP under Trump projected to hit 15-year high
Posted by:
President Trump's FTW!
()
Date: April 26, 2018 12:09PM
15 Year High? Wrote:
-------------------------------------------------------
> Will this High come from aclcohol, weed or
> opioids? What would Dr. Ronny Jackson prescribe?
Obama's doctor? Probably cocaine.
-------------------------------------------------------
> Will this High come from aclcohol, weed or
> opioids? What would Dr. Ronny Jackson prescribe?
Obama's doctor? Probably cocaine.
Re: Sorry DEMs, GDP under Trump projected to hit 15-year high
Posted by:
MAGA FTW
()
Date: April 26, 2018 09:20PM
Gerrytarderer666 Wrote:
-------------------------------------------------------
> The Congressional Budget Office's budget and
> economic outlook released this month projects that
> real Gross Domestic Product will grow by 3.3
> percent from the fourth quarter of 2017 to the
> fourth quarter of 2018.
>
> That would mark a 15-year high.
>
> "In CBO's projections, real GDP expands by 3.3
> percent this year and by 2.4 percent in 2019,"
> says the CBO report. "It grew by 2.6 percent last
> year."
>
> The last time real GDP grew by more than 3.3
> percent from the fourth quarter of one year to the
> fourth quarter of the next was in 2003, when it
> grew by 4.4 percent, according to the historical
> data published by the Bureau of Economic
> Analysis.
>
> "In our economic projections which underlie our
> budget projections, inflation-adjusted GDP--or
> real GDP--expands by 3.3 percent this year, and by
> 2.4 percent in 2019," CBO Director Keith Hall told
> the House Budget Committee in testimony on April
> 12.
This will cause spasms from the libs. But great news.
-------------------------------------------------------
> The Congressional Budget Office's budget and
> economic outlook released this month projects that
> real Gross Domestic Product will grow by 3.3
> percent from the fourth quarter of 2017 to the
> fourth quarter of 2018.
>
> That would mark a 15-year high.
>
> "In CBO's projections, real GDP expands by 3.3
> percent this year and by 2.4 percent in 2019,"
> says the CBO report. "It grew by 2.6 percent last
> year."
>
> The last time real GDP grew by more than 3.3
> percent from the fourth quarter of one year to the
> fourth quarter of the next was in 2003, when it
> grew by 4.4 percent, according to the historical
> data published by the Bureau of Economic
> Analysis.
>
> "In our economic projections which underlie our
> budget projections, inflation-adjusted GDP--or
> real GDP--expands by 3.3 percent this year, and by
> 2.4 percent in 2019," CBO Director Keith Hall told
> the House Budget Committee in testimony on April
> 12.
This will cause spasms from the libs. But great news.