Leftist Economists WRONG AGAIN- GDP Growth 3%

5,687 Views | 78 Replies | Last: 22 days ago by KillerAg21
2023NCAggies
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4:53p, 7/31/25
Trump and Rs are going to go in dry in the midterms

Gonna be a fun 2026 boys, nothing but winning
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MaroonStain
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5:10p, 7/31/25
Just need two more weeks to flatten the tariffs
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Iraq2xVeteran
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9:29p, 7/31/25
Great news!
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AW 1880
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In reply to 2023NCAggies • 9:41p, 7/31/25
Similar things were said in late 2019 about 2020 elections, and then something happened.
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bmks270
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In reply to MemphisAg1 • 11:03p, 7/31/25
MemphisAg1 said:
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.


Rates make building new income producing assets like a factory extremely expensive because the cost of finance. The factory profit has to top the cost of money over its life and its very sensitive to interest rates.
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Ellis Wyatt
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11:05p, 7/31/25
Leftists aren't wrong. They're lying.
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ts5641
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In reply to LMCane • 6:11a, 8/1/25
You just know they're in pain when they have to report good economic news with Trump in office.
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ts5641
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In reply to Ellis Wyatt • 6:11a, 8/1/25
Ellis Wyatt said:
Leftists aren't wrong. They're lying.

They're both.
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KillerAg21
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In reply to ts5641 • 10:43a, 8/1/25
Yikes…..

https://www.investors.com/market-trend/stock-market-today/dow-jones-sp500-nasdaq-trump-tariffs-amazon-amzn-stock/
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