Guys I need a counter argument for this

Ask him for the source because those numbers look like he pulled them out of his ass.

GDP is a fucking stupid metric.

fpbp

> bush wars invert surplus into deficit
> bush tax cuts explode deficit
> bush and republican housing for all illegals initiative crashes economy with no survivors
Oh no no no hahahha

No shit obama saw big gdp gains, he had a fat recession to recover from

Also this. GDP by smaller intervals is even more meaningless.

Yearly interval:
statista.com/statistics/188165/annual-gdp-growth-of-the-united-states-since-1990/

The economy is completely controlled due to the CENTRAL PRIVATE bank called the Federal Reserve. Trump is a betrayer, he is a liberal, they will probably dump the economy on Trump and completely blame it on conservatism/"racism". Either the Federal Reserve knows what they are doing and purposely crash the economy sometimes, or they are retarded and can't balance it and crash it.

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Ask why it starts at 2001 and not 1980. What you will find if you look at the data is when you come out of a recession you should get a GDP of 4 or 5 because you are playing catch-up.

Now Trump is forestalling the next recession and is also doing a lot to fix trade imbalances that have been going on since the 80s. His GDP numbers are taking a hit because he is actually playing the long game. If he is successful with China and USMCA or GDP numbers will benefit for the next twenty years.

This all the help I will give you, because you should be able to find this shit on your own. Ten seconds in google.
whitehouse.gov/briefings-statements/economic-growth-reached-3-percent-first-time-decade-thanks-president-donald-j-trumps-policies/
>I got into a FB argument with some and I can't win it without help.
Never, ever come her again with your shit threads. I'm not your big brother and you should get your ass kicked if you can't find things that I found in ten seconds.

>arguing with a lefty on FB
There's your problem

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Onigger called sub 2% growth the "new normal" because he was a massive failure and wanted to normalize his shortcomings. Your chart is essentially made up

this guy still thinks liberals want honest discussion lmao. Poor fuck.

The deficit has literally never been relevant to anything since the 1970s you fucking retard

Obama kicked the can down the road to the next president by throwing money at the problem and not fixing the structural issues.

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This is getting
too easy...

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OP's graph is growth rate

>Fake graph. Here are the real statistics.
Also fake. It skips over the massive crash that began under 'bama and only shows the forced recovery by giving over a trillion dollars of debt to the banks, and skips the time it took to convince the banks to actually loan it out instead of retiring with it.

fpbp

The fucking Federal Reserve was created to plan out the boom-bust cycle. Now why would they cause a bust every time a Republican gets into power? Perhaps they hate Republicans.

Also this.
It's the fucking Soviet/PRC method of lying about your economy.

miga you fag fucker

Obama gave his banker bodies free money (O% interest) from the Feds to keep our markets appear like they were doing well through 2 rounds of quantitative easing (QE2/QE3).

LMAO! Remember when Obama said the days of GDP of 3%+ were long gone? Or how about when Obama said those jobs of the past were not coming back? How do you reconcile Obama's admission to what the economy is experiencing today? FACT: Barack Obama was the worst economic president since World War II and the first president in US history to never reach a single year of 3.0% economic growth. US workers under Obama made less than they did when Obama took office. Average pay in real terms slumped 4 percent from 2009-14, according to the National Employment Labor Project, while Labor Participation rate during his tenure was stuck at a 38 year low.

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It lowers the purchasing power of responsible people who have savings by lowering the demand for the currency

Commies ALWAYS use false data disguised as impartial evidence.
Just call them out on it, hardly any need to look it up.
THEY will call you out just the same even when you DO provide impartial data point.

Time for discussion is OVER.
It´s time for LIST MAKING.

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He also appointed a fucking Chinese national to the IMF who then just transferred US wealth to China via interest rate manipulation.

Here is the DJIA today. Want to guess when trump took office? Hint the stock market was at 19k before he was elected. Maybe this will also put in perspective any falls that market happening fags hype up.

The OP graph is just plain false

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I have still yet to have an obama supporter on here answer one simple question

"Name something good Obama did as president"

No kidding leaf

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It's a well known fact that 78% of statistics are made up on the spot.

Obama never had GPD over 2%. That graph is a lie.

GDP growth is not a realistic measurement of the economy, let alone society.

It was next to impossible for Obama to make it worse once it bottomed out, it quite literally had to return to normal or fail entirely which can't happen while the US has the largest army

GDP includes government spending. The Obama years had 0% interest rates for a very long time, numerous bailouts, high amounts of debt, people working two part time jobs, high unemployment.

republicans won control of the house of representatives in 2010. stopping obama from implementing more of his socialist plans.
democrat policies cause economic obliteration. Of course they will lie about it.

miga fuckin' fag fucker

Stop being a fag and arguing about economics? Argue about actual issues?
If you insist though, GDP includes government spending, so it's not at all surprising it would increase under King Nigger.

This.

>m-muh yield curves!
We have atleast a year before a recession.

President doesn't do jack shit with the economy. It wasn't bush or Obama that saved the world during the 2008 recession but this man.

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>GDP

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Fpbp
Lefty commie retards cant into economics or math

That's gold-era thinking. Fiat currency is based on beliefs and feels, if you aren't investing you're a chump and deserve to get memed on. This is just an intermediate step on the way to a post-cash society.

I don't necessarily like it, but trying to argue 1950s economics in the 2010s is retarded.

I think the data indicates that it's more than 18-24 months, but there are exceptions where recessions don't occur anyway. Notably the yield curve actually inverted around december 2018- the stock market ALSO dropped 4000 points at that time, but recovered. Most importantly is that investment- in particular a growing government sector- continues at a massive pace in spite of dow jones worries, and job growth outpaces job losses by a wide margin.

So it is questionable if a recession is actually going to occur, the yield curve is only one factor and the market tanked before but recovered because the rate at which Trump is getting rid of regulations which inhibit business growth is so rapid that not investing now is retarded.

>flood the market with massive amount of money via quantitative easing
>look guys I saved the economy!

That was the 3 year yield curve doofus, the 2-10 is much more important in deciphering the next depression

Based but unfortunately leafpilled

They just used "bush was better than obama" as an argument.
You cant argue with these people, its like talking to a wall.

Quit worshipping the fake kike money you amerimutt, your founding fathers fought the war just to get away from this shit.

>da depression

You don't know what the fuck you're talking about, you're just regurgitating kikeshit

You're both faggots, enjoy getting nuked

why are you using kikebook? are you a boomer? why haven't you died of old age yet? haven't you fucked this country enough?

>a counter argument for this
its growth. stack that shit.

This is what happens when Fox starts talking about us. Get the fuck out boomer faggot

Fuck off, nigger faggot

OP

This is a Trump Economist who answers this very question. Great video!

youtube.com/watch?v=LL-XB7rw4OM&list=FLsduf5Sf45dK7a4Mq7Ivmmg&index=46&t=0s

Facebook is for faggots.

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An even more significant measure of economic health than GDP, is the GDP-to-debt ratio, which was lowered for the first time in 50 years.

ok, you are a fucking idiot

absolutely no context, other than a picture of the GDP

cant give you a counter argument, you never stated the points of contention

waste of fucking space

Who gives a fuck about the economy?

The (((echonomy)))

so hes not setting record gdp growth in absolute numbers.
so what?
as the economy gets larger and larger the gains, as a number, get smaller. 2-3% of gains for us is more economic gain then something like 6-8% in china or some other less developed place