20 Jan 2018 3:50 pm
I was referring to the last quarter of last year, which is estimated to be around 4%, implying this year might well be the same.Dantev2 » 20 Jan 2018 3:37 pm » wrote:Trump himself estimated around 3% for 2018 overall (compared to 2.6% for economists), not 4%, which was only the last 2 quarters.Termin8tor » 19 Jan 2018 10:47 am » wrote:Not to annoy you with reality, but growth is already accelerating to roughly 4%, and it's highly unlikely that moderate rate hikes will slow that down.
We are in the Trump Boom and will be for years.
Yes, we know you would be far happier if you'd been able to participate in Stalin's genocide.
Economic growth only relies on inflation in Liberal Economics, which is dead, Dim. I don't think you have much idea what Powell will do.Rate hikes will indeed clamp down on inflation, which is necessary for a healthy economy and rising wages. This isn't the 90's where the tech economy coiled from its spring.
Why do you think Trump nominated Powell and not Taylor? He knows delaying rate hikes would allow inflation and wage increases to take over (both of which Trump sees as a positive, he isn't an idiot).
Reality slaps you in the face again.
Liberal economists trashed Trump's tax cuts and overall economic plan. How'd that work out?
I don't believe the moderate coming rates will have much effect on growth relative to very significant deregulation, tax cuts, gradual diminishing of Obamacare and other pro-growth policies.
The Trump Boom has begun.
And given that your prediction hasn't happened, but the growth I predicted has, what are you babbling about "reality slapping me in the face," Dim?
How **** stupid.