GDP 4% Democrat/MSM Election Narrative Hardest Hit

by Datechguy | July 28th, 2018

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GDP 4% Democrat/MSM Election Narrative Hardest Hit

For the first time in sev­eral weeks I’m not work­ing over­time so I took advan­tage of this to relax in an Air con­di­tioned room play­ing the DOS ver­sion of the old Avalon Hill 1830 (still a spec­tac­u­lar game) and look in on twit­ter when I saw this tweet from Joe Scarborough

The piece in ques­tion fol­lows the head­line, a snvipit

Like the mul­ti­tude of mere mor­tals who faced vot­ers before him, Trump may finally be feel­ing gravity’s unfor­giv­ing pull as one sum­mer scan­dal bleeds into another. A recent Quin­nip­iac Uni­ver­sity poll put the president’s approval rat­ing at 38 per­cent. More trou­bling for Trump’s quis­lings in Con­gress should be the polit­i­cal beat­ing Mid­west vot­ers are dish­ing out on the politi­cian they helped elect pres­i­dent. Accord­ing to an NBC News-​Marist poll, only 28 per­cent of reg­is­tered vot­ers in Michi­gan believe Trump deserves to be reelected, while only 30 per­cent of those sur­veyed in Min­nesota and 31 per­cent in Wis­con­sin believe he deserves reelec­tion. Repub­li­cans are also trail­ing badly in generic bal­lot tests, and Democ­rats’ prospects for tak­ing over the House and Sen­ate con­tinue to rise.

Now I have a soft spot for Joe Scar­bor­ough because of an old tip jar hit and the way he and the whole Morn­ing Joe crowd treats view­ers at meet and greets bit his faith in these polls sound more like a lib­eral wet dream than real­ity, he continues:

The polit­i­cal news for Repub­li­cans is so bad that even Trump is blink­ing. Vladimir Putin will not be com­ing to the White House this year; the pres­i­dent has put major pieces of his trade war on hold and has shelved any plans to shut down the gov­ern­ment this fall. But Repub­li­cans hop­ing to save them­selves from the polit­i­cal storm that will soon wipe away their con­gres­sional majori­ties would be well served to speak out against Trump’s most destruc­tive poli­cies, which are anti-​conservative, illib­eral and sure to bring doom to the once-​Grand Old Party.

Alas you have to go back to 9÷11÷2001 and the NYT fawn­ing piece on ter­ror­ist bomber and future Obama enabler Bill Ayers to find a piece of writ­ing with worse timing.

Gross domes­tic prod­uct grew at a solid 4.1 per­cent pace in the sec­ond quar­ter, its best pace since 2014, boost­ing hopes that the econ­omy is ready to break out of its decade-​long slumber.

The num­ber matched expec­ta­tions from econ­o­mists [empha­sis mine] sur­veyed by Reuters and was boosted by a surge in con­sumer spend­ing and busi­ness invest­ment. Stock mar­ket futures edged lower on the news while gov­ern­ment bond yields moved lower.

I think the num­ber is not only incred­i­ble, but that this num­ber met econ­o­mists expec­ta­tions is a really big story con­sid­er­ing what we were told by the media for months.

I’d like to know why the media didn’t report that econ­o­mists were expect­ing these num­bers? Of course Trump is look­ing to do even better

That’s the fastest rate of the growth since the 4.9 per­cent in the third quar­ter of 2014 and the third-​best growth rate since the Great Reces­sion. In addi­tion to the strong sec­ond quar­ter, the Com­merce Depart­ment revised its first-​quarter read­ing up from 2 per­cent to 2.2 percent.

We’re on track to hit the high­est annual growth rate in over 13 years,” Pres­i­dent Don­ald Trump said in remarks an hour after the report hit. “And I will say this right now and I will say it strongly, as the deals come in one by one, we’re going to go a lot higher than these num­bers, and these are great numbers.

How bad is it for the left and the Nev­erTrump George Will Max Boot “vote for Democ­rats in the fall” crowd? Jeb Bush is tweet­ing about how good the Trump econ­omy is.

Given the Bush family’s dis­like for Trump that must have been a hard tweet to send out but it speaks well of Jeb that he did, but don’t expect the belt­way crowd to sing a dif­fer­ent tune, after all that’s how they make their living.

Now all of this doesn’t answer the ques­tion: “Hey DaT­e­chGuy, why does this post have a pic­ture of you hold­ing up a pack­age of NECCO wafers, par­tic­u­larly when the com­pany that makes them just closed the plant and you’re talk­ing about how great the econ­omy is?”

The answer is, that’s a tease for tomorrow’s post so you’ll have to wait for tomor­row for the answer to that question.


if you think this site is worth sup­port­ing please con­sider kick­ing in here:



Or even bet­ter subscribing.


Choose a Sub­scrip­tion level


Or buy­ing my book Hail Mary the Per­fect Protes­tant (and Catholic) Prayer

Either way it’s most appreciated.

For the first time in several weeks I’m not working overtime so I took advantage of this to relax in an Air conditioned room playing the DOS version of the old Avalon Hill 1830 (still a spectacular game) and look in on twitter when I saw this tweet from Joe Scarborough

The piece in question follows the headline, a snvipit

Like the multitude of mere mortals who faced voters before him, Trump may finally be feeling gravity’s unforgiving pull as one summer scandal bleeds into another. A recent Quinnipiac University poll put the president’s approval rating at 38 percent. More troubling for Trump’s quislings in Congress should be the political beating Midwest voters are dishing out on the politician they helped elect president. According to an NBC News-Marist poll, only 28 percent of registered voters in Michigan believe Trump deserves to be reelected, while only 30 percent of those surveyed in Minnesota and 31 percent in Wisconsin believe he deserves reelection. Republicans are also trailing badly in generic ballot tests, and Democrats’ prospects for taking over the House and Senate continue to rise.

Now I have a soft spot for Joe Scarborough because of an old tip jar hit and the way he and the whole Morning Joe crowd treats viewers at meet and greets bit his faith in these polls sound more like a liberal wet dream than reality, he continues:

The political news for Republicans is so bad that even Trump is blinking. Vladimir Putin will not be coming to the White House this year; the president has put major pieces of his trade war on hold and has shelved any plans to shut down the government this fall. But Republicans hoping to save themselves from the political storm that will soon wipe away their congressional majorities would be well served to speak out against Trump’s most destructive policies, which are anti-conservative, illiberal and sure to bring doom to the once-Grand Old Party.

Alas you have to go back to 9/11/2001 and the NYT fawning piece on terrorist bomber and future Obama enabler Bill Ayers to find a piece of writing with worse timing.

Gross domestic product grew at a solid 4.1 percent pace in the second quarter, its best pace since 2014, boosting hopes that the economy is ready to break out of its decade-long slumber.

The number matched expectations from economists [emphasis mine] surveyed by Reuters and was boosted by a surge in consumer spending and business investment. Stock market futures edged lower on the news while government bond yields moved lower.

I think the number is not only incredible, but that this number met economists expectations is a really big story considering what we were told by the media for months.

I’d like to know why the media didn’t report that economists were expecting these numbers? Of course Trump is looking to do even better

That’s the fastest rate of the growth since the 4.9 percent in the third quarter of 2014 and the third-best growth rate since the Great Recession. In addition to the strong second quarter, the Commerce Department revised its first-quarter reading up from 2 percent to 2.2 percent.

“We’re on track to hit the highest annual growth rate in over 13 years,” President Donald Trump said in remarks an hour after the report hit. “And I will say this right now and I will say it strongly, as the deals come in one by one, we’re going to go a lot higher than these numbers, and these are great numbers.

How bad is it for the left and the NeverTrump George Will Max Boot “vote for Democrats in the fall” crowd? Jeb Bush is tweeting about how good the Trump economy is.

Given the Bush family’s dislike for Trump that must have been a hard tweet to send out but it speaks well of Jeb that he did, but don’t expect the beltway crowd to sing a different tune, after all that’s how they make their living.

Now all of this doesn’t answer the question: “Hey DaTechGuy, why does this post have a picture of you holding up a package of NECCO wafers, particularly when the company that makes them just closed the plant and you’re talking about how great the economy is?”

The answer is, that’s a tease for tomorrow’s post so you’ll have to wait for tomorrow for the answer to that question.


if you think this site is worth supporting please consider kicking in here:



Or even better subscribing.


Choose a Subscription level


Or buying my book Hail Mary the Perfect Protestant (and Catholic) Prayer

Either way it’s most appreciated.

 

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