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Friday, March 22, 2019

Media was wrong. The economy grew by 3.1% in 2018

Three weeks ago, the Fake News media erroneously gloated that the economy did not grow by 3% in 2018.

I said yes it did.

Now a month later, we know I was right.

Consider a February 28 report by CNBC. It reported, "Trump promised economic growth better than Obama's. It didn't happen."

Someone tell Barack Hussein Obama this is what a year of 3% economic growth looks like because he was the first president since Hoover to fail to post 3% growth in a single calendar year.



Today, CNBC reported in Paragraph 6, "The U.S. economy expanded by 3.1 percent in 2018, and by 2.6 percent in the fourth quarter of last year."

President Donald John Trump forced them to by bitching about the Federal Reserve.

CNBC's headline read, "Trump says GDP would have topped 4% if Fed had halted rate hikes sooner."

President Donald Trump forced the media to report the growth honestly by telling Fox Business News today, "We would have been over 4 [percent] if they didn’t do all the interest rate hikes" by the Federal Reserve.

The Fed has the power to slow the economy.

As did Obama, who oversaw the smallest economic recovery in history. We went from 31 million people living off food stamps to 42 million during his presidency as income inequality reached an all-time high.

President Trump is making America great again by boosting employment to record levels which boosts wages for those in the bottom third of income.

Food stamp use is down to 38 million now.

Obama's legacy is a 33% increase in food stamp dependence in 8 years.

President Trump dropped it 10% in two years.

And that, my friends, is why the media and Washington hate Donald John Trump and call his supporters deplorable and the dregs of society, because they do not want America to be great again. They want to keep Americans poor and stupid.

5 comments:

  1. You must not assume something to be an error when it is probably a deliberate lie by the Progressive/Socialist/Democrat 'news' media.

    ReplyDelete
  2. The Dunning Kruger kids weigh in on the Fed's fiscal policy. I'd pay good money to have Donny explain his understanding of the Fed given his status as a Wharton transfer ashamed of his grades.

    So many stable geniuses.

    ReplyDelete
    Replies
    1. The market lost 6 trillion in December for only one reason: Fed miscalculation, which Trump had called beforehand and the Fed chairman acknowledged. Thanks to exciting surgical advances, The nail you have had in your head all these years can now be easily be removed. Be brave.

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    2. Still waiting for Barry to release his college records.
      Would also like to see John Forgery Kerry's military service records.

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    3. Anon @ 4:39 first they need to get it out of his ass.

      Delete