Economic Growth Didn’t Hit 3% Mark Last Year, Revised Data Show

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U.S. economic growth didn’t hit the Trump administration’s 2018 target of 3% or better after all

Gross domestic product, a broad measure of the goods and services produced, was up 2.

5% in the fourth quarter of 2018 from a year earlier, the Commerce Department reported Friday. That was down sharply from its most recent estimate of 3%, and was largely due to lower business investment and exports than previously...

 

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The problem is Trump’s trade policies are a drag on the growth produced by tax cuts and deregulation. Interest rates have gone up a bit but they are very low compared to before the Bush financial crisis.

No, this is more Obama like than the “best ever “

With the tax cut stimulus, it is surprising.

Jobs and GDP keep getting revised. And Trump said Obama’s numbers were fake.

Wasn't Obama saying that this good economy was his? Awesome numbers until Obama says it's his then 3

And you seem happy about it.🙄

Interest rates rose last minute!!!round to the nearest 10th child!!

Fake news realDonaldTrump

It’s far better than BO even could imagine. TwoTermDisaster

Trickle down does not work.

We better give up then.

There’s a shocker

Yet so many of the WSJ journalists, especially the ones that appear on Faux news, touted how great the tax cut was and that Trump was right about 3-4-5 % GDP!! No credibility- no real understanding of business nor global economics- just opining on politics!

Still good.

The FEDS are slowing Trumps economy. 7 rate hikes is ridiculous.

At least those billionaires got to keep some extra money wouldn't want to disappoint the GOP donors

Oh well

Trump administration hasn't been successful in anything economic. Zero companies have brought manufacturing back. Zero progress has been made with US farmers.

Hey, we don’t need to be precisely, factually, semantically correct anymore. AOC said so.

Yep, but that guarantees rate cut this month.

He should have laid off the golf trips and put that enormous amount of money to better use.

Thanks to the FederalReserve the GDP was held down. BO didn’t accomplish any growth. MAGA2020

Three reasons: Federal, Reserve, Bank.

Lol. Revisions.

Its better than 1% for the last 8 years

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