Best showing since ... a quarter during the last midterm election year that finished as a wave against the sitting president =>>https://twitter.com/AP/status/1022821896956637184 …
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Q2 2014 was where we are now, true, but Q1 2014 was in the negative and Q1 2018 was not. will be a different final number for the year as a result
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All of this could matter politically - or it could not. And my point was that sometimes these economic indicators are less reliable political indicators than they used to be. But as a matter of economics I don't have much argument w/ your analysis.
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i think its fair enough to say that politically people find a 4% quarter more exciting when its preceded by a 2% quarter than by a -2% quarter, that's all I was saying. Obama's GDP charter looks like a rollercoaster, Trump's is flatter and consistently upwards
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This is a solid counterpoint to my original. We'll see.
End of conversation
New conversation -
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that Obama got 4% numbers in some quarters while having poor quarters in those same years is just factual, as is saying he played with the numbers big time to make some of them say what he wanted. What's notable now is that almost every indicator is improving at the same time
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i think the framing is lacking if you dont point out that the Fed was juicing the economy for Obama but they've started going the other way for Trump, & that people were fleeing the workforce then but returning now
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