GDP grows as Trump's trade agenda revamps the economy 🏆

[Maximum Overkill 2,424]

President Donald Trump is aiming to push the economy’s growth rate to 3 percent or more. A report Wednesday on second-quarter gross domestic product gave an early indication that he may get his way.

A sharp drop off in imports, along with stronger-than-expected consumer spending, propelled the annual rate of growth to 3 percent in April, May and June. The Commerce Department’s initial GDP estimate beat the 2.3 percent rate anticipated by most economists

The surge in overall growth is a win for an administration that has been battling widespread perceptions that Trump’s economic agenda is causing more harm than good. Massive tariffs on imports, a crackdown on undocumented immigrants and foreign workers, and cutbacks to the social safety net could cause economic activity to slow in the coming months. But for now, the GDP — the total value of all goods and services produced in the U.S. — is expanding at a healthy clip.

[thegeneral 3,580]

Almost caught up to Biden’s last couple quarters. Nice!

[Maximum Overkill 2,424]

2 minutes ago, thegeneral said:

Almost caught up to Biden’s last couple quarters. Nice!

Does this news make you sad? 

[thegeneral 3,580]

1 minute ago, Maximum Overkill said:

Does this news make you sad? 

Of course not. I’m just hoping he can catch up to Socialist Joe Biden since we have to deal with all his bullshet . Maybe even do better!

[weepaws 3,329]

Yawn.  The OP celebrates the Pedro president.   Shame. 

[Maximum Overkill 2,424]

10 hours ago, thegeneral said:

Of course not. I’m just hoping he can catch up to Socialist Joe Biden since we have to deal with all his bullshet . Maybe even do better!

It's Joe Biden that put us in the shittter to begin with. He slept for 4 years sabotaging the entire Country. You're even upset about Pedos being deported. That's the sad state Dems are in. You're mad that things are going well. #CNN 

Shame, Indeed, Amen  

[seafoam1 3,409]

18 minutes ago, Maximum Overkill said:

It's Joe Biden that put us in the shittter to begin with. He slept for 4 years sabotaging the entire Country. You're even upset about Pedos being deported. That's the sad state Dems are in. You're mad that things are going well. #CNN 

Shame, Indeed, Amen  

You are talking to a degenerate liberal cultist when you talk to Genpee. 

[thegeneral 3,580]

2 hours ago, Maximum Overkill said:

It's Joe Biden that put us in the shittter to begin with. He slept for 4 years sabotaging the entire Country. You're even upset about Pedos being deported. That's the sad state Dems are in. You're mad that things are going well. #CNN 

Shame, Indeed, Amen  

There was that whole global pandemic thing. 

Id check your balance sheet over the 4 years Biden was Prez. I’m guessing it grew quite a bit.

In any case great news the economy is growing, like I said hopefully it can get back to the last couple quarters we had before Orange Julius took over. Goals!

[Ron_Artest 2,185]

GDP grew more in Biden's last 2 years than so far in Trump's term so stop with the gaslighting about Trump good Biden bad.

Looking at this number, imports pretty much stopped due to the on and off tariffs which made the number look better.  Consumer spending was tepid, down from a year ago.

[MDC 7,866]

While consumer spending accelerated from the first quarter, the 1.4 percent rate of growth reported in the April-June period represents a slowdown from what was reported throughout most of President Joe Biden’s administration. U.S. exports fell over the previous three months, particularly within the auto sector. And real final sales to private domestic purchasers — which reflect consumer spending and private investment — increased 1.2 percent in the quarter, a slowdown from the previous three months. White House officials had pointed to that metric as a sign of strength after the first-quarter GDP numbers proved disappointing.

[avoiding injuries 1,650]

You’ll never convince me that liberals root for America and are proud of our country. 

[Ron_Artest 2,185]

14 minutes ago, avoiding injuries said:

You’ll never convince me that liberals root for America and are proud of our country. 

See this is just dumb.  No one is rooting against America.  Were you rooting against America the past 4 years by saying how expensive everything is?

[thegeneral 3,580]

17 minutes ago, avoiding injuries said:

You’ll never convince me that liberals root for America and are proud of our country. 

Unlike those maga focks that tore up the Capitol and think that duh liberals are ruining the country. 

[RLLD 4,275]

Thanks for posting but you need to understand that liberals elevate their hate for the man over any benefit to the nation.

Its great news to be sure, but dont let the hate from leftists dim the good feelings everyone should have.

[thegeneral 3,580]

7 minutes ago, RLLD said:

Thanks for posting but you need to understand that liberals elevate their hate for the man over any benefit to the nation.

It’s great news to be sure, but dont let the hate from leftists dim the good feelings everyone should have.

What a joke. Have a little perspective. The OP is oblivious to the fact the economy was growing faster last year because it was a Dem in the WH. 

[RLLD 4,275]

Just now, thegeneral said:

What a joke. Have a little perspective. The OP is oblivious to the fact the economy was growing faster last year because it was a Dem in the WH. 

Not joking, if you want to suggest that your "perspective" is somehow equitable or even better than my own, well history suggests your perspective is less.... so pardon me if your assertions come across as questionable at best at this juncture.  The problem with parroting the lies of your liberal masters is that eventually the truth comes out, and at best you are seen as incompetent, and at worst just a liar.

So, by all means, espouse what ever you have been told to think.  Your opposition is more suggestive that things are going well than not....

[listen2me 23 1,951]

7 minutes ago, thegeneral said:

What a joke. Have a little perspective. The OP is oblivious to the fact the economy was growing faster last year because it was a Dem in the WH. 

Semi apples to oranges.  The economy doesnt move on a straight line.  Lets see where it is at in the tail end of his term not a half year in.  

[thegeneral 3,580]

1 minute ago, RLLD said:

Not joking, if you want to suggest that your "perspective" is somehow equitable or even better than my own, well history suggests your perspective is less.... so pardon me if your assertions come across as questionable at best at this juncture.  The problem with parroting the lies of your liberal masters is that eventually the truth comes out, and at best you are seen as incompetent, and at worst just a liar.

So, by all means, espouse what ever you have been told to think.  Your opposition is more suggestive that things are going well than not....

Your bias is wild. Gaslighting at its finest or you honestly buy all this bullshit. You are just spitting out a bunch of words you got from your Thesaurus Word of the Day calendar  

Again….growth last year was very good, better than this year. Markets were amazing, better than this year. I’m very happy these latest numbers are good and the markets have been spiking. I very much hope this continues. 

[thegeneral 3,580]

3 minutes ago, listen2me 23 said:

Semi apples to oranges.  The economy doesnt move on a straight line.  Lets see where it is at in the tail end of his term not a half year in.  

If we match last year it will be very nice. Hopefully it’s better. Apparently it was just terrible though and to suggest otherwise despite the numbers is crazy!

[RLLD 4,275]

Just now, thegeneral said:

Your bias is wild. Gaslighting at its finest or you honestly buy all this bullshit. You are just spitting out a bunch of words you got from your Thesaurus Word of the Day calendar  

Again….growth last year was very good, better than this year. Markets were amazing, better than this year. I’m very happy these latest numbers are good and the markets have been spiking. I very much hope this continues. 

Everyone has bias.  Mine is against liberals, because they hurt people.  Similarly, i have a bias against rapists, pedophiles and murders.

So by all means, espouse your opinion, because it is more than likely true that the opposite will be the reality; this seems to be reliably the case.

[thegeneral 3,580]

2 minutes ago, RLLD said:

Everyone has bias.  Mine is against liberals, because they hurt people.  Similarly, i have a bias against rapists, pedophiles and murders.

So by all means, espouse your opinion, because it is more than likely true that the opposite will be the reality; this seems to be reliably the case.

On this issue I’m giving you the numbers. You are spouting off generalities and your feelings about duh liberals.

[RLLD 4,275]

Just now, thegeneral said:

On this issue I’m giving you the numbers. You are spouting off generalities and your feelings about duh liberals.

Please do present anything you might find that can feed your bias, by all means.  I already accept there are no perfect solutions, I am not going to pretend there is not some give and take with any solution, so only denigrating it and ignoring the benefit is further demonstration that your opinion cannot be trusted.

But I get that you need to feed that thing inside of you that needs to hate. And that addiction supersedes any notion of benefit to the wider society, its a liberal thing.....

[thegeneral 3,580]

5 minutes ago, RLLD said:

Please do present anything you might find that can feed your bias, by all means.  I already accept there are no perfect solutions, I am not going to pretend there is not some give and take with any solution, so only denigrating it and ignoring the benefit is further demonstration that your opinion cannot be trusted.

But I get that you need to feed that thing inside of you that needs to hate. And that addiction supersedes any notion of benefit to the wider society, its a liberal thing.....

I have no idea what any of this barfing of words means. 

The point is growth in this last quarter was nice, markets were nice. Hopefully they continue. If they do we will match last year, when if you ask the OP and many on here and millions across the county it was the end of life as we know it. 

 

[RLLD 4,275]

7 minutes ago, thegeneral said:

I have no idea what any of this barfing of words means. 

The point is growth in this last quarter was nice, markets were nice. Hopefully they continue. If they do we will match last year, when if you ask the OP and many on here and millions across the county it was the end of life as we know it. 

 

I know you have no idea, and that is fine Just know that you are never completely useless if you can at least serve as a bad example, a warning if you will, for others.

Its all good, lash out to your hearts content. In fact, be as vocal and present as possible.  Juxtaposing your insistence that things are bad when they are improving, against last years attempt to say thing were good when they were not, just really brings the point home.

[thegeneral 3,580]

1 minute ago, RLLD said:

I know you have no idea, and that is fine Just know that you are never completely useless if you can at least serve as a bad example, a warning if you will, for others.

It’s all good, lash out to your hearts content. In fact, be as vocal and present as possible.  Juxtaposing your insistence that things are bad when they are improving, against last years attempt to say thing were good when they were not, just really brings the point home.

How do you measure growth? The thread we are in is using GDP. Thats a good broad measure, it’s why it is tracked..

You are probably too busy looking up the next word to use to not say “espouse” again but I said things are going well right now. 

[RLLD 4,275]

2 minutes ago, thegeneral said:

How do you measure growth? The thread we are in is using GDP. Thats a good broad measure, it’s why it is tracked..

You are probably too busy looking up the next word to use to not say “espouse” again but I said things are going well right now. 

I might regret this, but I am going to assume you actually want to talk about GDP and growth;  if I seem apprehensive its only because you typically dont really care, you just want to make some irrelevant point.....

3.0%  is solid by most standards since it does exceed the  average consensus forecasts of around 2.4% and outpaces the first quarter’s decline  .

With consumer spending at about a 1.4% rate being a positive, unlike the stalling seen in Q1  .

That being said , underlying growth is weak since we can reasonably attribute some of the progress to the drop in imports, which mechanically boosts GDP because imports count negatively in the calculation so if we exclude it,  domestic demand is sluggish.  This adds up given the interest rates are being held high, which impedes domestic demand, notably in the housing sector in which one could reasonably assert that sector itself is in a "recession".

If we then look at real final sales to private domestic purchaser at like  1.2% in Q2, its the slowest over the last two years.  This also makes sense when considering the interest rates and the government is no longer handing out money.

If we decide to then average the two quarters, the economy expanded at only about 1.2%–1.3%annualized through the first half of 2025, slower than growth rates in 2024  which was something like 2.8%.

Some even think the real domestic growth rate, stripping out trade distortions, closer to 0.5% annualized for Q2  . Still, 3.0% growth is a robust quarter-to-quarter bounce

The Federal Reserve is holding interest rates steady at 4.25%–4.5%,  and suggesting rate cuts may only begin in September if inflation stabilizes.  Apparently the Fed does not see it as weak as some do.....Suggesting the distinction between government pushed money (Biden) and supply side future (Trump)

Bottom line, what Trump is doing to revise the economics is focking awesome, the important thing will be having it shown etearly in Q4 because we really want to spend 2026 highlighting everthing liberals have been saying, and then putting it next to that stellar performance as the Fed knows and sees is coming.

 

 

[thegeneral 3,580]

2 minutes ago, RLLD said:

I might regret this, but I am going to assume you actually want to talk about GDP and growth;  if I seem apprehensive its only because you typically dont really care, you just want to make some irrelevant point.....

3.0%  is solid by most standards since it does exceed the  average consensus forecasts of around 2.4% and outpaces the first quarter’s decline  .

With consumer spending at about a 1.4% rate being a positive, unlike the stalling seen in Q1  .

That being said , underlying growth is weak since we can reasonably attribute some of the progress to the drop in imports, which mechanically boosts GDP because imports count negatively in the calculation so if we exclude it,  domestic demand is sluggish.  This adds up given the interest rates are being held high, which impedes domestic demand, notably in the housing sector in which one could reasonably assert that sector itself is in a "recession".

If we then look at real final sales to private domestic purchaser at like  1.2% in Q2, its the slowest over the last two years.  This also makes sense when considering the interest rates and the government is no longer handing out money.

If we decide to then average the two quarters, the economy expanded at only about 1.2%–1.3%annualized through the first half of 2025, slower than growth rates in 2024  which was something like 2.8%.

Some even think the real domestic growth rate, stripping out trade distortions, closer to 0.5% annualized for Q2  . Still, 3.0% growth is a robust quarter-to-quarter bounce

The Federal Reserve is holding interest rates steady at 4.25%–4.5%,  and suggesting rate cuts may only begin in September if inflation stabilizes.  Apparently the Fed does not see it as weak as some do.....Suggesting the distinction between government pushed money (Biden) and supply side future (Trump)

Bottom line, what Trump is doing to revise the economics is focking awesome, the important thing will be having it shown etearly in Q4 because we really want to spend 2026 highlighting everthing liberals have been saying, and then putting it next to that stellar performance as the Fed knows and sees is coming.

 

 

See like I said last quarter’s numbers were decent, much better than previous quarter which were not great. If the past few month’s uptick continues we will come close to matching previous year which was solid and what most people are hoping for.

[RLLD 4,275]

Just now, thegeneral said:

See like I said last quarter’s numbers were decent, much better than previous quarter which were not great. If the past few month’s uptick continues we will come close to matching previous year which was solid and what most people are hoping for.

And how  does that matter? 

How does it impact the average American?

Keep in mind, I just put in effort to respond to you forthrightly and clearly.........

[thegeneral 3,580]

Just now, RLLD said:

And how  does that matter? 

How does it impact the average American?

Keep in mind, I just put in effort to respond to you forthrightly and clearly.........

Good for you!

A healthy, growing economy is good for the average American. 

[RLLD 4,275]

Just now, thegeneral said:

Good for you!

A healthy, growing economy is good for the average American. 

I answered your question, now answer mine please.   Please explain how and why that GDP growth matters to the average American, look, I answered you.....maybe you can answer me....

[thegeneral 3,580]

Just now, RLLD said:

I answered your question, now answer mine please.   Please explain how and why that GDP growth matters to the average American, look, I answered you.....maybe you can answer me....

I just did. A growing economy is good, it’s the goal. GDP is a broad measurement of that.

 

[RLLD 4,275]

1 minute ago, thegeneral said:

I just did. A growing economy is good, it’s the goal. GDP is a broad measurement of that.

 

So, I answer your question with detail and thoroughness, and the most you can muster in return is "because its just good"?   Can you understand now, why I do not see you as an honest participant in a conversation?

[thegeneral 3,580]

2 minutes ago, RLLD said:

So, I answer your question with detail and thoroughness, and the most you can muster in return is "because its just good"?   Can you understand now, why I do not see you as an honest participant in a conversation?

No I don’t understand what your point is.

You posted numbers I can read on google or ChatGPT that showed a decent quarter that was an improvement over previous quarter. Overall the numbers are inline or approaching what they were last year, are they not?

The point I made is the economic measurements in this last quarter are good, after a poor first quarter. This is a good thing. There were a variety of responses - “It’s all good now thank god!” and “the liberals hate America!l were a couple I took exception with. 

 

[RLLD 4,275]

1 minute ago, thegeneral said:

No I don’t understand what your point is.

You posted numbers I can read on google or ChatGPT that showed a decent quarter that was an improvement over previous quarter. Overall the numbers are inline or approaching what they were last year, are they not?

The point I made is the economic measurements in this last quarter are good, after a poor first quarter. This is a good thing. There were a variety of responses - “It’s all good now thank god!” and “the liberals hate America!l were a couple I took exception with. 

 

Explain, as I did, and provide details and context as to why GDP growth matters to the average american.....I mean....you are clearly invested in this point, its important to you.....so show me your depth of understanding as to WHY IT MATTERS TO THE AVERAGE AMERICAN

Since this topic is so very important to you, you must surely understand why it is so important....right?

[thegeneral 3,580]

1 minute ago, RLLD said:

Explain, as I did, and provide details and context as to why GDP growth matters to the average american.....I mean....you are clearly invested in this point, its important to you.....so show me your depth of understanding as to WHY IT MATTERS TO THE AVERAGE AMERICAN

Since this topic is so very important to you, you must surely understand why it is so important....right?

All the numbers you cut and paste are inline with last year (and much improved over previous quarter) when it was the end of the world as we know it.

 

[RLLD 4,275]

Just now, thegeneral said:

All the numbers you cut and paste are inline with last year (and much improved over previous quarter) when it was the end of the world as we know it.

 

So here is where we now find ourselves....

You asked, and against my better judgement I answered.  I asked and you either have no idea how to answer or flatly refuse to answer.  Hence my issue with even speaking with you.

You have no actual interest in the subject matter, i dialectic, in getting to the heart of the issue.

So the next time you ask for something from me, rest assured, I will not provide it.

[thegeneral 3,580]

1 minute ago, RLLD said:

So here is where we now find ourselves....

You asked, and against my better judgement I answered.  I asked and you either have no idea how to answer or flatly refuse to answer.  Hence my issue with even speaking with you.

You have no actual interest in the subject matter, i dialectic, in getting to the heart of the issue.

So the next time you ask for something from me, rest assured, I will not provide it.

Oh no not that

A healthy economy is good for the average American, no?

Wage growth, unemployment, GDP, consumer spending, core inflation, etc have rebounded and are all inline with what they were in the previous year. How this is bad for the average American then but is good now doesn’t make sense to me. 

[RLLD 4,275]

Just now, thegeneral said:

Oh no not that

A healthy economy is good for the average American, no?

Wage growth, unemployment, GDP, consumer spending, core inflation, etc have rebounded and are all inline with what they were in the previous year. How this is bad for the average American then but is good now doesn’t make sense to me. 

There is more to it than that, and since you do not understand what it really means it further highlights that you are only pointing at it because you find it useful.  You dont actually care at all, or you would have the energy to explain why, but you either cant or wont.  Regardless, it shows your pathetic way of thinking and behaving, done with you....

[thegeneral 3,580]

10 minutes ago, RLLD said:

There is more to it than that, and since you do not understand what it really means it further highlights that you are only pointing at it because you find it useful.  You dont actually care at all, or you would have the energy to explain why, but you either cant or wont.  Regardless, it shows your pathetic way of thinking and behaving, done with you....

You can explain why there is more to this outside of “What Trump is doing is focking awesome”. What we have is this data and this past blip is nice…inline with what we had in the past when it was terrible.

 

[RLLD 4,275]

12 minutes ago, thegeneral said:

You can explain why there is more to this outside of “What Trump is doing is focking awesome”. What we have is this data and this past blip is nice…inline with what we had in the past when it was terrible.

 

Explain? To you? After this little display in this thread? I think not......you had a chance, now you can go fock yourself.