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In reply to the discussion: US Second Quarter GDP Accelerates to 4.1% [View all]Roland99
(53,345 posts)51. LOVE that song. And nice job on the "mangled" version!
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Minus 3% inflation, the title forgot that? Like where wage growth is up 2.8% but it is not...
Fred Sanders
Jul 2018
#8
These are real GDP figures, meaning inflation-adjusted. Current-dollar aka nominal increased 7.4%
progree
Jul 2018
#46
Not supposed to talk about gas prices that are 65 cents per gallon higher here......
Bengus81
Jul 2018
#58
The number also reflected hording by some companies ahead of Trump's tariffs.
DemocratSinceBirth
Jul 2018
#44
+1 Half of GDP growth owed to export burst to China and inventory accumulation
Snellius
Jul 2018
#78
They will brag about 4%. We would brag about 4% if we held power. Low end number ?
Trust Buster
Jul 2018
#23
IMHO elections are more about the Zeitgeist and less about this or that metric
DemocratSinceBirth
Jul 2018
#61
Good not spectacular. Obama did better four years ago, and not from artificial bump. . . . nt
Bernardo de La Paz
Jul 2018
#38
Yep...thank you OBAMA for bringing us back from the brink of the Second GD for Donnie...
Bengus81
Jul 2018
#60
For the biggest group of American workers, wages aren't just flat. They're falling.
TomCADem
Jul 2018
#77
The 4.1% GDP rate is inflation-adjusted. The current-dollar nominal rate is 7.4%
progree
Jul 2018
#50
True - almost all of the real GDP growth for decades has gone to the upper few percent
progree
Jul 2018
#62
I agree. If "it's the economy stupid" still holds, we'll have to get out even more votes.
Hoyt
Jul 2018
#56
Real wages are going down. It's not pretty. And that's from still being down from 2006.
Bernardo de La Paz
Jul 2018
#27