Wild, man!
WILD!!
But hold on.
What is there to get wild about?
Check out this from Zerohedge:
GDP by component pic.twitter.com/edeYxFImOM
— zerohedge (@zerohedge) 30 August 2017
You see, that Obama geezer wasn't that bad, was he?
But what are the main drivers of these figures today?
Exports and imports are down, but Personal Consumption Expenditure (PCE) provides the main driver...by a significant amount.
So what is and what isn't a PCE?
See > here < for details. In a word, it's complicated. But Trumpers may have hope. The above report says:
Personal consumption expenditures (PCE) is the primary measure of consumer spending on goods and services in the U.S. economy. It accounts for about two-thirds of domestic final spending, and thus it is the primary engine that drives future economic growth. PCE shows how much of the income earned by households is being spent on current consumption as opposed to how much is being saved for future consumption.
But when you look again at that infographic, particularly at the PCE during the Obama regime, honestly, these figures are nothing to get excited about. It's just the economy.
I mean, Trump has been taking credit for jobs announced under Obama!
And the record-breaking Dow Jones Index was due to his treason in Riyadh, bending the knee before the Saudis to enrich the military-industrial complex.
Just putting Trumponomics into perspective.
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