Quote:Donald Trump Jr. is a proud son. When he heard the news of the economy surging to 4.1 percent GDP growth, he immediately took to Twitter to tout his father's achievements.


"Incredible numbers," he wrote. "I remember when 'the experts' laughed about breaking 3 percent. Just because Obama never broke 2 percent doesn't mean that someone with great policies can't."

Quote:
[/url]Donald Trump Jr.

✔@DonaldJTrumpJr





Incredible numbers. I remember when “the experts” laughed about breaking 3%. Just because Obama never broke 2% doesn’t mean that someone with great policies can’t. Let’s keep this going.
Secretary Acosta

✔@SecretaryAcosta

4.1% GDP growth in the second quarter. @POTUS has America’s economy firing on all cylinders.



9:52 AM - Jul 27, 2018

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There's just one problem with Jr.'s claim: Former President Barack Obama did, in fact, break 2 percent growth on multiple occasions. 


There were 15 quarters during Obama's presidency when the economy experienced 2 percent growth or higher, data from the Federal Reserve Bank of St. Louis shows. 


Additionally, Trump Jr. is boasting that today's rate is the fastest since 2014's 4.9 percent growth — which he may recall was a year when a certain other president was in office.


While Trump Jr. crowed with delight over the 4.1 percent growth rate, economists have said that the high rate is likely not sustainable because it was aided by trade activity spurred by the current global exchange of tariffs. The growth is likely temporary, experts say, and will probably cool down to around 3 percent throughout the rest of 2018. The president's son might be less excited about that number when he recalls that 2015's annual growth was 2.9 percent.

(07-30-2018, 02:16 PM)CKwi88 Wrote: My favorite is Trump's "I’ve been given a very tough hand.  Because I came up here, we had an economy that was going down."

I guess I'll just chalk it all up to alternative facts.

(07-30-2018, 01:29 PM)GMDino Wrote: http://theweek.com/speedreads/787256/donald-trump-jr-says-obama-never-broke-2-percent-gdp-growth-did-15-times

(07-30-2018, 03:09 PM)jj22 Wrote: Be careful. You may be accused of having TDS if you refuse to be conned.

Best to play along with Trump supporters and turn a blind eye to avoid the diagnosis.

(07-30-2018, 05:47 PM)bfine32 Wrote: Nah, a symptom of TDS would be trying to twist economic growth of 4.1%, an unemployment rate of around 4%, and increased jobs into a negative by pointing to a tweet. 

(07-30-2018, 07:05 PM)treee Wrote: Gotta love low-information voters.