But Trump supporters do this all the time. They can't wait to rub it in our faces, anything and everything that happens under Trump, their president.
Back at you...it's the slowest quarterly growth in 3 years.
■ The economy barely grew, expanding at an annual rate of only 0.7 percent. The first-quarter performance upset expectations for a Trump bump at the start of 2017.My conservative friend in Milwaukee bragged over a month ago about the incredible job numbers in January and February, numbers actually created under President Obama, that foreign, inexperienced racist black guy. Well the numbers in March were quietly received..
■ The growth was a sharp decline from the 2.1 percent annual rate recorded in the final quarter of last year. It was the weakest quarterly showing in three years.
■ Consumption, the component reflecting individual spending, rose by only 0.3 percent, well below the 3.5 percent rate in the previous quarter.
Looking for a Trump bump in the economy? Keep waiting. After two months of stellar job creation that convinced administration officials that President Trump’s policies were paying off immediately, employers pulled back sharply on hiring in March....who tried to ride the Obama coat tails just a little bit longer. Disappointing, very disappointing, very bad. Sad.1. The economy added 98,000 jobs, the Labor Department reported Friday, fewer than half the monthly number for January and February.
2. The disappointing number of new jobs was jarring for the administration...
Libtards are so comical.ReplyDelete
While the results of monthly jobs numbers may be attributed some to the president (Obama kicked 94 million out of the labor participation rate), the economy however cannot just be turned on a dime. And while GDP is a false measure of growth since it is entirely based on spending and consumption and not production, perhaps the reason consumer spending is so low is because Americans don't have jobs or savings thanks largely to economic policies of the previous president.
And auto sales are down in every month of 2017. The confidence fairy can only fly for so long, especially when wages keep getting repressrd by GOP slime.ReplyDelete
Jake formerly of the LP