Leftist Economists WRONG AGAIN- GDP Growth 3%

5,496 Views | 78 Replies | Last: 10 days ago by KillerAg21
LMCane
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what a surprise.

apparently the only people who actually know how economics work DO NOT work for CNBC, universities, the Federal Reserve, or investment funds in Manhattan!

Logos Stick
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Nice
LMCane
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they have run statistics showing that the educated "institutional investors"

who supposedly went to graduate school and their career is studying economics and the stock market

were pulling money out of the Stock Market beginning on Liberation Day

while "Retail investors" who are just the moms and dads working at the Dollar Store were buying stocks hand over fist beginning on Liberation Day.

you can't make this insanity up from the leftist TDS!!
AgBQ-00
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AG
They were trying to create the crash.
God loves you so much He'll meet you where you are. He also loves you too much to allow to stay where you are.

We sing Hallelujah! The Lamb has overcome!
samurai_science
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LMCane said:



who supposedly went to graduate school and their career is studying economics and the stock market





Which has nothing to do with being smart, well educated or good at a job.
LMCane
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AgBQ-00 said:

They were trying to create the crash.

CNBC loves to have on Professor Siegel every day who excoriates everything Trump does

he was literally calling for Powell to resign SO THAT TRUMP CAN BE BLAMED WHEN THE ECONOMY CRASHES
MemphisAg1
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AG
This also pours cold water on Trump's demand for rate cuts.
Aggie Jurist
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Quote:

This also pours cold water on Trump's demand for rate cuts.

Not if the rise in GDP is attributable to lower energy costs, reduced regulatory burden, and repatriation of manufacturing investment. Rates are, no doubt, holding back growth.
Secolobo
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AG
MemphisAg1 said:

This also pours cold water on Trump's demand for rate cuts.

So what was the excuse before the election?
LMCane
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MemphisAg1 said:

This also pours cold water on Trump's demand for rate cuts.

it's a hell of a lot better for Trump to have 3% economic growth

than a 25 basis point cut in the Fed Reserve Rate (that 90% of Americans have no clue about)

the rates will be cut spring 2026 once Powell is replaced with Hassett
MelvinUdall
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That is really going to pour cold water on the left on TexAgs, but I am sure they will find some obscure number that has nothing to do with anything to try and prove a point.
MemphisAg1
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AG
Aggie Jurist said:

Quote:

This also pours cold water on Trump's demand for rate cuts.

Not if the rise in GDP is attributable to lower energy costs, reduced regulatory burden, and repatriation of manufacturing investment. Rates are, no doubt, holding back growth.

And inflation approaching 3% is still above the longstanding 2% target. There's just not a credible case for cutting rates right now.

And seriously, who has built a new factory in the US and hired thousands of workers since Trump announced his tariffs four months ago?

No one. That stuff takes time to come online (1 to 2 years) and make any kind of dent in national GDP. It very well might contribute in the future, but it's not a driver today.
Logos Stick
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"Exactly 0 cuts in 2025" jumped significantly this morning on Kalshi, going from 20% to 25% odds.
Ag87H2O
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AG
Funny how when a Republican is in office, when a positive statistic is estimated it is lowballed up front and then almost always ends up being better than expected.

When a negative statistic is estimated up front, it is almost always estimated high and then ends up being lower than expected when the actual numbers come out.

When a Democrat is in the Oval Office, it is just the opposite.

Anyone that cannot see the bias is blind. It's been this way my entire adult life.
sleepybeagle
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AG
Funny what happens when people who are actually qualified for the job are in charge!
sleepybeagle
Prosperdick
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AG
Libs waiting on their next talking points but probably just getting "don't let this news distract you, Trump is a pedo and is hiding Epstein information that would implicate him." It's literally all they've got at this moment.
TRM
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AG

Logos Stick
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Another poster made a good point in a different thread. Imports are down big time because of stocking up previously. That was the major factor in this number. 3% is good, but consider the context here.

eta: that poster just beat me to it above
Ag with kids
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LMCane said:

what a surprise.

apparently the only people who actually know how economics work DO NOT work for CNBC, universities, the Federal Reserve, or investment funds in Manhattan!



It should read "shattering economists' HOPES"...
will25u
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TexasAggiesWin
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S
Unexpectedly, of course
LMCane
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leftists also not saying too much about the $150 Billion in additional tariff payments

that have flowed into the Treasury the last six months.
CrackerJackAg
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AG
LMCane said:

they have run statistics showing that the educated "institutional investors"

who supposedly went to graduate school and their career is studying economics and the stock market

were pulling money out of the Stock Market beginning on Liberation Day

while "Retail investors" who are just the moms and dads working at the Dollar Store were buying stocks hand over fist beginning on Liberation Day.

you can't make this insanity up from the leftist TDS!!


I took 50% out day before. Bought in. Sold half next day. Bought in and have been holding ever since.

INTL
TSLA
NVDA
etc…

My entire account is up over 70%.

I felt like the entire thing was intentional the entire time to take out mentally re-tarded people.

(I bypass the filter because not being able to use the word ****** is dumb when not used as a slur)

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2. ****** Ignition - In automotive or mechanical engineering, refers to delaying the timing of an engine's ignition to optimize performance or reduce knocking.
3. ****** Flow - In fluid dynamics, describes the slowing or delay of fluid movement, such as in pipelines or hydraulic systems.
4. ******ant Coating - A protective layer applied to surfaces to slow down processes like corrosion, fire, or chemical reactions.
5. ****** Growth - In biology or agriculture, refers to intentionally slowing the growth rate of organisms or plants, often for experimental or cultivation purposes.
6. ****** Reaction - In chemistry, describes the process of slowing down a chemical reaction, often through inhibitors or controlled conditions.
7. ******ant Additive - A chemical added to materials, such as polymers or fuels, to delay or inhibit specific reactions or processes.
8. ****** Development - In developmental biology or embryology, refers to slowing the progression of an organism's development for research purposes.
9. ****** Erosion - In environmental science, describes methods or materials used to slow soil or land erosion, such as barriers or vegetation.
10. ****** Spoilage - In food science, refers to techniques or preservatives that delay the spoilage of perishable goods.
11. ******ant Barrier - A physical or chemical barrier designed to slow processes like fire spread, water penetration, or chemical diffusion.
12. ****** Crystallization - In materials science, refers to slowing the formation of crystals in substances like metals or sugars to achieve desired properties.
13. ****** Propagation - In physics or engineering, describes delaying the spread of waves, signals, or energy, such as in acoustics or electronics.
14. ****** Timing - In mechanical systems, refers to adjusting the timing of events (e.g., in engines or machinery) to delay action for efficiency or safety.
15. ****** Decay - In preservation or archaeology, refers to methods used to slow the deterioration of organic materials, such as artifacts or wood.
Tex117
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AG
No need to cut interest rates...yet.
BusterAg
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AG
Logos Stick said:

Another poster made a good point in a different thread. Imports are down big time because of stocking up previously. That was the major factor in this number. 3% is good, but consider the context here.

eta: that poster just beat me to it above

Imports going down doesn't increase GDP. That logically doesn't make sense. Subtracting net imports is just a way to do the GDP increase calculation indirectly.

Domestic production that replaced net imports increases GDP.
It takes a special kind of brainwashed useful idiot to politically defend government fraud, waste, and abuse.
MelvinUdall
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Tex117 said:

No need to cut interest rates...yet.


Yeah, however a rate cut or two may help the housing market some, but in general I agree.
Logos Stick
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BusterAg said:

Logos Stick said:

Another poster made a good point in a different thread. Imports are down big time because of stocking up previously. That was the major factor in this number. 3% is good, but consider the context here.

eta: that poster just beat me to it above

Imports going down doesn't increase GDP. That logically doesn't make sense. Subtracting net imports is just a way to do the GDP increase calculation indirectly.

Domestic production that replaced net imports increases GDP.


Wrong!

I guess you don't know the formula. Let me help you!

GDP=C+I+G+(X-M)

M=imports

If everything stays the same in that formula and imports go down, what happens to GDP?!

see chart above my post!
captkirk
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AG
LOL

LMCane
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the only reason GDP growth was much lower in the FIRST Quarter -

was because of a massive amount of imports of everyone trying to beat the tariffs.
captkirk
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AG
Scientific
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AG
If you're a seller, a rate cut may jolt buying activity but itd have to be a substantial one to pull in demand. But its swinging into a balanced market, and in some places its totally a buyers territory. Right now theres no signs of crashing, employment is strong, and it's humming along. Low rates have tainted the lens on the housing market.
mirose
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MelvinUdall said:

Tex117 said:

No need to cut interest rates...yet.


Yeah, however a rate cut or two may help the housing market some, but in general I agree.


Cut or two won't help the housing market. It's the home prices that are causing the problem. A little lower interest rate will not move the needle. Home prices coming down is the only thing that will fix that other than a cut so large it would tank the economy.
FireAg
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AG
How often do the "experts" miss by that much?
BusterAg
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Logos Stick said:

BusterAg said:

Logos Stick said:

Another poster made a good point in a different thread. Imports are down big time because of stocking up previously. That was the major factor in this number. 3% is good, but consider the context here.

eta: that poster just beat me to it above

Imports going down doesn't increase GDP. That logically doesn't make sense. Subtracting net imports is just a way to do the GDP increase calculation indirectly.

Domestic production that replaced net imports increases GDP.


Wrong!

I guess you don't know the formula. Let me help you!

GDP=C+I+G+(X-M)

M=imports

If everything stays the same in that formula and imports go down, what happens to GDP?!

see chart above my post!


That is the expenditure approach.

The price of net imports are included in C+I+G even though they were not produced locally. GDP doesn't go down up when you import less, it is just that C+G+I are understated by X-M.

If you were actually measuring output directly instead of backing into output using consumption, imports have zero impact on production.

Just think about it at the margin. When you import one widget, domestic output does not go up or down with that one widget. You haven't made anything else. It's just that this widget's price is included in the price of all consumed goods in the nation, whether imported or not, and then back out you back out all imports (including your widget) and add all exports. GDP was $100 before you bought the widget for a $. Now C+I+G in your formula is an overstated estimate of GDP by $1, because it the widget is included in G. So you have to back it out with X-M.

The key here is that the reason why GDP is growing is not directly related to lower imports. Domestic production is increasing, replacing exports. That is what is cool.
It takes a special kind of brainwashed useful idiot to politically defend government fraud, waste, and abuse.
BusterAg
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mirose said:

MelvinUdall said:

Tex117 said:

No need to cut interest rates...yet.


Yeah, however a rate cut or two may help the housing market some, but in general I agree.


Cut or two won't help the housing market. It's the home prices that are causing the problem. A little lower interest rate will not move the needle. Home prices coming down is the only thing that will fix that other than a cut so large it would tank the economy.

Home prices will continue to climb at the rate that the Fed inflates the $, and may climb even more if the $ becomes less of a reserve currency.
It takes a special kind of brainwashed useful idiot to politically defend government fraud, waste, and abuse.
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