Comments by "Dominic Pelle" (@dominicpelle7841) on "CNN"
channel.
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@shaneprince1619 Well that is the USUAL SIMPLISTIC VIEW of the conservative mind.. that think that share markets don't general improve decade after decade year in year out NORMALLY... especially when BIG GOVERNMENT injects spending UNNECESSARILY in this case into the community, such as Trump's $1.3 TRILLION OMINI BILL in an already growing economy post Obama, who left Trump unemployment rate of 4.9%. So Donald Dumb Dumb then goes on a tariff war with EVERYONE, while taking credit for a booming share market... just before it collapses. Here ..try real information ...
Real GDP growth of the United States from 1990 to 2017
https://www.statista.com/statistics/188165/annual-gdp-growth-of-the-united-states-since-1990/
Quarterly growth of the real GDP in the United States from 2011 to 2018
https://www.statista.com/statistics/188185/percent-chance-from-preceding-period-in-real-gdp-in-the-us/
*Trump’s tariffs will harm growth in 2019, IMF predicts*
U.S., Chinese and global growth will all suffer next year if the tariffs remain in place, the IMF warned.
The International Monetary Fund has cut its U.S. growth forecast for next year, warning that President Trump’s protectionist trade policies will harm growth domestically and around the world.
In its World Economic Outlook, released Monday evening, the IMF says the U.S. economy is expected to grow 2.9 percent this year and 2.5 percent next year. The organization had forecast in April that the U.S. economy would grow 2.7 percent in 2019.
“If you have the world’s two largest economies at odds, that’s a situation in which everyone is going to suffer,” said Maurice Obstfeld, chief economist at the IMF.
The IMF repeatedly singled out Trump’s trade actions as disruptive to global growth and prosperity, especially the imposition of tariffs on roughly half of the goods that the United States imports from China. The IMF also reduced its growth forecast for China next year to 6.2 percent because of the trade war, down from 6.4 percent in April.
https://www.washingtonpost.com/business/2018/10/09/trumps-tariffs-will-harm-growth-imf-predicts/?utm_term=.d9b5056e4d4e
**U.S. Economy Will Slow in 2019, May Enter Recession in 2020, Economists Forecast.* Trump Administration Disagrees (LOL)
The good economic news for 2019 is that the odds are still against the U.S. economy entering a recession. The bad news, according to many economists, is a series of economic forecasts that calls for growth to not only be slower in the U.S., but also globally.
http://fortune.com/2018/11/21/us-economy-slow-2019-recession-2020-economist-forecast/
**SOME PEOPLE LIKE SLOGANS AND TWEETS>>>SOME LIKE MYSELF LIKE FACTS FROM EXPERTS**
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