Quote:

---

Originally posted by second:
The Republicans’ $1.5 trillion tax cut will increase the federal debt by $1.9 trillion.

This comes from Table B-3 in the Congressional Budget Office report, page 129, so far in the back that no one reads it. The exact figure is $1.854 trillion from 2018 to 2028. That number was promised by Trump to be zero dollars or even a negative number.
www.cbo.gov/publication/53651

In other words, the tax cut doesn’t pay for itself. It doesn’t even partially pay for itself.

www.motherjones.com/kevin-drum/2018/04/cbo-projects-1-5-trillion-tax-c
ut-will-cost-1-6-trillion/

---

Quote:

---

Originally posted by JEWELSTAITEFAN:
Possible data links:

[img]]

https://www.zerohedge.com/news/2018-04-21/economy-cooked

https://fred.stlouisfed.org/graph/?g=jxo1

https://fred.stlouisfed.org/graph/?g=jxnZ

Gee, nothing newer than Nov 2014?
https://research.stlouisfed.org/publications/economic-synopses/2016/03
/04/revisiting-gdp-growth-projections/?&utm_source=fred.stlouisfed.org&utm_medium=Referral&utm_term=related_resources&utm_content=&utm_campaign=es


Why does all this data end at the end of 2016? No data available from Trump Time?

---

Quote:

---

Originally posted by JEWELSTAITEFAN:
You think nobody in Government knows how much Product is generated, until after 2 years have past?

Good thing nobody needs to pay any Taxes, like, Quarterly. Nor any Sales Taxes, at time of sale or delivery.

---

Quote:

---

Originally posted by JEWELSTAITEFAN:
From the President's Federal Budget, FY2019:

Year Revenue Outlays Deficit Nat GDP
2028 $5,818B $6,181B $363B $32,602
2027 $5,506B $5,955B $450B $31,089
2026 $5,231B $5,748B $517B $29,647
2025 $4,946B $5,526B $579B $28,253
2024 $4,675B $5,348B $672B $26,900
2023 $4,386B $5,160B $774B $25,605
2022 $4,089B $4,941B $852B $24,369
2021 $3,838B $4,754B $916B $23,194
2020 $3,609B $4,596B $987B $22,067
2019 $3,422B $4,407B $984B $21,003
2018 $3,340B $4,214B $873B $20,029
2017 $3,316B $3,962B $665B $19,177

The Revenue projections are reduced from the exaggerated amounts Obama assumed. Deficits upcoming are increased due to more realistic projections. For 2017 the figures were updated from Obama's base projections and last year corrections. Trump's GDP is revised up, and Expenditures are revised down.

Which holds true to historical practice. Democrats always exaggerate or overestimate Revenues and downplay or underestimate Expenditures, and Conservative Republicans always underestimate Revenue projections and overestimate Expenditure projections (but Democrats then find some pork to fill in the difference).

---

Quote:

---

Originally posted by JEWELSTAITEFAN:
From the President's Federal Budget, FY2018:

Year Revenue Outlays Deficit Nat GDP
2027 $5,724B $5,708B $-26B $31,053
2026 $5,417B $5,527B $110B $29,557
2025 $5,130B $5,306B $176B $28,134
2024 $4,864B $5,073B $208B $26,779
2023 $4,615B $4,933B $319B $25,489
2022 $4,390B $4,832B $442B $24,261
2021 $4,161B $4,617B $456B $23,093
2020 $3,982B $4,470B $488B $21,981
2019 $3,814B $4,340B $526B $20,947
2018 $3,654B $4,093B $440B $20,014
2017 $3,460B $4,062B $603B $19,162
2016 $3,268B $3,853B $585B $18,407

The Revenue projections are reduced from the exaggerated amounts Obama assumed. Deficits upcoming are increased due to more realistic projections. The GDP for 2016 are revised down to the reality of Obamanomics.

Which holds true to historical practice. Democrats always exaggerate or overestimate Revenues and downplay or underestimate Expenditures, and Conservative Republicans always underestimate Revenue projections and overestimate Expenditure projections (but Democrats then find some pork to fill in the difference).

---

Quote:

---

Year || Revenue ||| Outlays ||| Deficit || Nat GDP
2027 || $5,724B || $5,708B || $-26B || $31,053
2026 || $5,417B || $5,527B || $110B || $29,557
2025 || $5,130B || $5,306B || $176B || $28,134
2024 || $4,864B || $5,073B || $208B || $26,779
2023 || $4,615B || $4,933B || $319B || $25,489
2022 || $4,390B || $4,832B || $442B || $24,261
2021 || $4,161B || $4,617B || $456B || $23,093
2020 || $3,982B || $4,470B || $488B || $21,981
2019 || $3,814B || $4,340B || $526B || $20,947
2018 || $3,654B || $4,093B || $440B || $20,014
2017 || $3,460B || $4,062B || $603B || $19,162
2016 || $3,268B || $3,853B || $585B || $18,407

---

Quote:

---

Originally posted by 6IXSTRINGJACK:
I'm wondering if maybe these tables would be easier to read if there were something other than a single space between cells?

Maybe a pair of "||", and however many you'd have to throw between column headers to get everything even.


EDIT:

Quote:

---

2027 || $5,724B || $5,708B || $-26B || $31,053
2026 || $5,417B || $5,527B || $110B || $29,557
2025 || $5,130B || $5,306B || $176B || $28,134
2024 || $4,864B || $5,073B || $208B || $26,779
2023 || $4,615B || $4,933B || $319B || $25,489
2022 || $4,390B || $4,832B || $442B || $24,261
2021 || $4,161B || $4,617B || $456B || $23,093
2020 || $3,982B || $4,470B || $488B || $21,981
2019 || $3,814B || $4,340B || $526B || $20,947
2018 || $3,654B || $4,093B || $440B || $20,014
2017 || $3,460B || $4,062B || $603B || $19,162
2016 || $3,268B || $3,853B || $585B || $18,407

---

Don't know what the column headers are since they weren't on the table, but the data seems a lot easier to read this way.
Do Right, Be Right. :)

---

Quote:

---

Originally posted by JEWELSTAITEFAN:
You don't see the column headers in the post above yours?

---

Quote:

---

Originally posted by JEWELSTAITEFAN:
Finally, now this could be a useful link:
https://fred.stlouisfed.org/series/GDP

Quote:

---

Originally posted by JEWELSTAITEFAN:
From the President's Federal Budget, FY2019:

Year Revenue Outlays Deficit Nat GDP
2028 $5,818B $6,181B $363B $32,602
2027 $5,506B $5,955B $450B $31,089
2026 $5,231B $5,748B $517B $29,647
2025 $4,946B $5,526B $579B $28,253
2024 $4,675B $5,348B $672B $26,900
2023 $4,386B $5,160B $774B $25,605
2022 $4,089B $4,941B $852B $24,369
2021 $3,838B $4,754B $916B $23,194
2020 $3,609B $4,596B $987B $22,067
2019 $3,422B $4,407B $984B $21,003
2018 $3,340B $4,214B $873B $20,029
2017 $3,316B $3,962B $665B $19,177

---

---

Quote:

---

Originally posted by JEWELSTAITEFAN:
From the President's Federal Budget, FY2019:

Year Revenue Outlays Deficit Nat GDP
2028 $5,818B $6,181B $363B $32,602
2027 $5,506B $5,955B $450B $31,089
2026 $5,231B $5,748B $517B $29,647
2025 $4,946B $5,526B $579B $28,253
2024 $4,675B $5,348B $672B $26,900
2023 $4,386B $5,160B $774B $25,605
2022 $4,089B $4,941B $852B $24,369
2021 $3,838B $4,754B $916B $23,194
2020 $3,609B $4,596B $987B $22,067
2019 $3,422B $4,407B $984B $21,003
2018 $3,340B $4,214B $873B $20,029
2017 $3,316B $3,962B $665B $19,177

The Revenue projections are reduced from the exaggerated amounts Obama assumed. Deficits upcoming are increased due to more realistic projections. For 2017 the figures were updated from Obama's base projections and last year corrections. Trump's GDP is revised up, and Expenditures are revised down.

Which holds true to historical practice. Democrats always exaggerate or overestimate Revenues and downplay or underestimate Expenditures, and Conservative Republicans always underestimate Revenue projections and overestimate Expenditure projections (but Democrats then find some pork to fill in the difference).

---

Quote:

---

Originally posted by JEWELSTAITEFAN:
From the President's Federal Budget, FY2019:

Year Revenue Outlays Deficit Nat GDP
2028 $5,818B $6,181B $363B $32,602
2027 $5,506B $5,955B $450B $31,089
2026 $5,231B $5,748B $517B $29,647
2025 $4,946B $5,526B $579B $28,253
2024 $4,675B $5,348B $672B $26,900
2023 $4,386B $5,160B $774B $25,605
2022 $4,089B $4,941B $852B $24,369
2021 $3,838B $4,754B $916B $23,194
2020 $3,609B $4,596B $987B $22,067
2019 $3,422B $4,407B $984B $21,003
2018 $3,340B $4,214B $873B $20,029
2017 $3,316B $3,962B $665B $19,177

The Revenue projections are reduced from the exaggerated amounts Obama assumed. Deficits upcoming are increased due to more realistic projections. For 2017 the figures were updated from Obama's base projections and last year corrections. Trump's GDP is revised up, and Expenditures are revised down.

Which holds true to historical practice. Democrats always exaggerate or overestimate Revenues and downplay or underestimate Expenditures, and Conservative Republicans always underestimate Revenue projections and overestimate Expenditure projections (but Democrats then find some pork to fill in the difference).

---

Quote:

---

Originally posted by JEWELSTAITEFAN:
Wow. Yesterday, late last night, this linky did not include the 2018 Q1 data, or column. Now it does. But it says last updated 27 April.

https://bea.gov/iTable/iTable.cfm
Guess I need to specify Table 1.1.5.

2018 Q1 is now listed as GDP 19,965.3

Next release date 30 May.


This GDP data is from BEA News Release Archives. Current-Dollar GDP.

I noticed a trend among the BEA data. The figures from BEA do not match other info. But they make monthly reports, each Quarter has an Advanced Estimate, then 2nd Estimate, then 3rd Estimate, before the final figure.

---

Quote:

---

Originally posted by JEWELSTAITEFAN:
https://bea.gov/iTable/iTable.cfm
Guess I need to specify Table 1.1.5.

2018 Q1 is now listed as GDP 19,965.3

Next release date 30 May.


This GDP data is from BEA News Release Archives. Current-Dollar GDP.

I noticed a trend among the BEA data. The figures from BEA do not match other info. But they make monthly reports, each Quarter has an Advanced Estimate, then 2nd Estimate, then 3rd Estimate, before the final figure.

---

Quote:

---

Originally posted by JEWELSTAITEFAN:
https://bea.gov/iTable/iTable.cfm
Guess I need to specify Table 1.1.5.

2018 Q1 is now listed as GDP 19,965.3

Next release date 30 May.


This GDP data is from BEA News Release Archives. Current-Dollar GDP.

I noticed a trend among the BEA data. The figures from BEA do not match other info. But they make monthly reports, each Quarter has an Advanced Estimate, then 2nd Estimate, then 3rd Estimate, before the final figure.

---

Quote:

---

Originally posted by JEWELSTAITEFAN:
In another thread, some moron is yakking about how Debt Growth under Obamanomics is so much bestest and gooder than anybody else. So I'll try to post some facts here, changing data columns from a prior post.

I keep Forgetting how convoluted, twisted, and fabricated the figures are regarding the Federal Debt.
So I will lay out some more data, for reference.

This helps show that, although the Rock-The-Vote Democraps doubled the Deficit in FY2008, Obama still only inherited a Debt about 2/3 of the GDP, and then was able to, in a few short years, push the Federal Debt over the GDP by 2012, and grew the excess to more than $1 Trillion over the GDP.

Once upon a time, reasonable people explained that a Debt larger than GDP was not a sustainable situation, and then Obamanomics took us there. And then after FY2012 ended, he was reelected to make the Economy even worse. While simultaneously bloating the Debt even further.

Obviously, CBO uses Libtard projection practices, so score any reasonable Budget with less Revenue, more Outlays, more Deficit, and lower GDP.
CBO scores delusional Libtard Budgets with exaggerated Revenue and GDP, and overly optimisticly low Outlays and Deficit.

---

Quote:

---

Originally posted by JEWELSTAITEFAN:
Copied from a delusional thread:

Quote:

---

Originally posted by second:
The Republicans’ $1.5 trillion tax cut will increase the federal debt by $1.9 trillion.

This comes from Table B-3 in the Congressional Budget Office report, page 129, so far in the back that no one reads it. The exact figure is $1.854 trillion from 2018 to 2028. That number was promised by Trump to be zero dollars or even a negative number.
www.cbo.gov/publication/53651

In other words, the tax cut doesn’t pay for itself. It doesn’t even partially pay for itself.

www.motherjones.com/kevin-drum/2018/04/cbo-projects-1-5-trillion-tax-c
ut-will-cost-1-6-trillion/

---

Another ridiculous post quoted for posterity.

---

Quote:

---

Originally posted by JEWELSTAITEFAN:
The U.S. DEBT Clock shows current Federal Debt as $21.182 Trillion.
And $778.8 Billion Federal Budget Deficit.

The end of June marks completion of 3 Quarters of the Fiscal Year.

In the coming month will be the reports of GDP at this point in time.
Certain to show more than $20 Trillion for the first time ever.

U.S. DEBT Clock .com shows it as $20.138T.
That seems a very low projection.

Quote:

---

Originally posted by JEWELSTAITEFAN:
In another thread, some moron is yakking about how Debt Growth under Obamanomics is so much bestest and gooder than anybody else. So I'll try to post some facts here, changing data columns from a prior post.

I keep Forgetting how convoluted, twisted, and fabricated the figures are regarding the Federal Debt.
So I will lay out some more data, for reference.

This helps show that, although the Rock-The-Vote Democraps doubled the Deficit in FY2008, Obama still only inherited a Debt about 2/3 of the GDP, and then was able to, in a few short years, push the Federal Debt over the GDP by 2012, and grew the excess to more than $1 Trillion over the GDP.

Once upon a time, reasonable people explained that a Debt larger than GDP was not a sustainable situation, and then Obamanomics took us there. And then after FY2012 ended, he was reelected to make the Economy even worse. While simultaneously bloating the Debt even further.

Obviously, CBO uses Libtard projection practices, so score any reasonable Budget with less Revenue, more Outlays, more Deficit, and lower GDP.
CBO scores delusional Libtard Budgets with exaggerated Revenue and GDP, and overly optimisticly low Outlays and Deficit.

---

Federal Debt data is from U.S. Treasury. Using Gross Federal Debt.
For the section to the right, the columns are FY Increase to the Federal Debt (aka THE REAL FEDERAL DEFICIT), FY Gross Federal Debt, Debt Growth.

For reference, here is the CBO Historical Budget data:

FscYr Revenues Outlays FedDeficit || DebtInc Fedrl Debt Debt Growth
2017 $3316.2B $3981.6B $665.4B || $666.2B $20,205.7 3.4%
2016 $3268.0B $3852.6B $584.7B || 1419.4B $19,539.5 7.8%
2015 $3249.9B $3688.4B $438.5B || $325.6B $18,120.1 1.8%
2014 $3021.5B $3506.1B $484.6B || 1075.1B $17,794.5 6.4%
2013 $2775.1B $3454.6B $679.5B || $668.5B $16,719.4 4.2%
2012 $2450.0B $3536.9B 1087.0B || 1286.7B $16,050.9 8.7%
2011 $2303.5B $3603.1B 1299.6B || 1235.4B $14,764.2 9.1%
2010 $2162.7B $3457.1B 1294.4B || 1652.9B $13,528.8 13.9%
2009 $2105.0B $3517.7B 1412.7B || 1889.8B $11,875.9 18.9%
2008 $2524.0B $2982.5B $458.6B || 1035.4B $09,986.1 11.6%
2007 $2568.0B $2728.7B $160.7B || $499.3B $08,950.7 5.6%
2006 $2406.9B $2655.1B $248.2B || $546.1B $08,451.4
2005 $2153.6B $2472.0B $318.3B || $550.6B $07,905.3
2004 $1880.1B $2292.8B $412.7B || $594.7B $07,354.7
2003 $1782.3B $2159.9B $377.6B || $561.6B $06,760.0
2002 $1853.6B $2010.9B $157.8B || $428.5B $06,198.4
2001 $1991.1B $1862.8B +128.2B || $141.2B $05,769.9 2.5%
2000 $2025.2B $1789.0B +236.2B || $023.2B $05,628.7
1999 $1827.5B $1701.8B +125.6B || $127.3B $05,605.5
1998 $1721.7B $1652.5B +069.3B || $109.0B $05,478.2
1997 $1579.2B $1601.1B $021.9B || $187.7B $05,369.2
1996 $1453.1B $1560.5B $107.4B || $260.9B $05,181.5
1995 $1351.8B $1515.7B $164.0B || $277.3B $04,920.6

Quote:

---

It looks fairly clear that the Spending Spree was kicked off with the Rock-The-Vote Democrap FY2008 Budget. And then it was a runaway with Obama.

---

Display stabilization row:
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX


Extrapolation would suggest Deficit around $1 Trillion for the Fiscal Year.
The indication is $977 Billion in Debt Growth in this FY.
Which would suggest Debt Growth around $1.22 Trillion for this FY.



That site also says Federal Revenue is $3.375 Trillion and spending is $4.154 Trillion, so I'm not sure where they're getting those numbers.

---

Quote:

---

Originally posted by JEWELSTAITEFAN:
https://bea.gov/iTable/iTable.cfm
Guess I need to specify Table 1.1.5.

2018 Q1 is now listed as GDP 19,965.3

Next release date 30 May.


This GDP data is from BEA News Release Archives. Current-Dollar GDP.

I noticed a trend among the BEA data. The figures from BEA do not match other info. But they make monthly reports, each Quarter has an Advanced Estimate, then 2nd Estimate, then 3rd Estimate, before the final figure.

---

Quote:

---

Originally posted by JEWELSTAITEFAN:

New report today from BEA. This is for the Quarter ending with June.
Updating some figures.



This data does appear to be listed under Calendar Year Quarters as opposed to Fiscal Year Quarters elsewhere.
Yes, this is Table.1.1.5 (use the Modify button to adjust dates) at this link:
https://bea.gov/iTable/iTable.cfm?

Quote:

---

Originally posted by JEWELSTAITEFAN:
https://bea.gov/iTable/iTable.cfm
Guess I need to specify Table 1.1.5.


This GDP data is from BEA News Release Archives. Current-Dollar GDP.

I noticed a trend among the BEA data. The figures from BEA do not match other info. But they make monthly reports, each Quarter has an Advanced Estimate, then 2nd Estimate, then 3rd Estimate, before the final figure.

---

FY2015Q1, Cal YRQ4 17,710.7 17,701.3 17,703.7 17,703.7 --07.0
FY2015Q2, Cal YRQ1 17,710.0 17,665.0 17,693.3 17,649.3 --60.7
FY2015Q3, Cal YRQ2 17,840.5 17,902.0 17,913.7 17,913.7 +73.2
FY2015Q4, Cal YRQ3 18,034.8 18,064.7 18,060.2 18,060.2 +25.4
FY2016Q1, Cal YRQ4 18,128.2 18,148.4 18,164.8 18,164.8 +36.6
FY2016Q2, Cal YRQ1 18,221.1 18,229.5 18,230.1 18,281.6 +60.5
FY2016Q3, Cal YRQ2 18,437.6 18,436.5 18,450.1 18,450.1 +12.5
FY2016Q4, Cal YRQ3 18,651.2 18,657.9 18,675.3 18,675.3 +24.1
FY2017Q1, Cal YRQ4 18,860.8 18,855.5 18,869.4 18,905.5 +44.7
FY2017Q2, Cal YRQ1 19,007.3 19,027.6 19,027.1 19,057.7 +50.4

FY2017Q3, Cal YRQ2 19,226.7 19,246.7 19,250.0 19.250.0 +23.3
FY2017Q4, Cal YRQ3 19,495.5 19,509.0 19,500.6 19,500.6 +05.1
FY2018Q1, Cal YRQ4 19,738.9 19,736.5 19,754.1 19,754.1 +15.2
FY2018Q2, Cal YRQ1 19,965.3 19,956.8 19,960.1 (19963.3)-2.0
FY2018Q3, Cal YRQ1(20324.8) gain 361.5

Now placing equivalent figures in parentheses, following 27 July 2018 revisions.

Quote:

---

---

Display stabilization row:
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
XXXX


FY2000 Q1 09926.1 Q2 10031.0 Q3 10278.3 Q4 10357.4 FY 10148.2
FY2001 Q1 10472.3 Q2 10508.1 Q3 10638.4 Q4 10639.5 FY 10564.6
FY2002 Q1 10701.3 Q2 10834.4 Q3 10924.8 Q4 11037.1 FY 10876.9
FY2003 Q1 11103.8 Q2 11230.1 Q3 11370.7 Q4 11625.1 FY 11332.4
FY2004 Q1 11816.7 Q2 11988.4 Q3 12181.4 Q4 12367.7 FY 12088.6
FY2005 Q1 12562.2 Q2 12813.7 Q3 12974.1 Q4 13205.4 FY 12888.9
FY2006 Q1 13381.6 Q2 13648.9 Q3 13799.8 Q4 13908.5 FY 13684.7
FY2007 Q1 14066.4 Q2 14233.2 Q3 14422.3 Q4 14569.7 FY 14322.9
FY2008 Q1 14685.3 Q2 14668.4 Q3 14813.0 Q4 14843.0 FY 14752.4
FY2009 Q1 14549.9 Q2 14383.9 Q3 14340.4 Q4 14384.1 FY 14414.6
FY2010 Q1 14566.5 Q2 14681.1 Q3 14888.6 Q4 15057.7 FY 14798.5
FY2011 Q1 15230.2 Q2 15238.4 Q3 15460.9 Q4 15587.1 FY 15379.1
FY2012 Q1 15785.3 Q2 15973.9 Q3 16121.9 Q4 16227.9 FY 16027.2
FY2013 Q1 16297.7 Q2 16475.4 Q3 16541.4 Q4 16749.3 FY 16515.9
FY2014 Q1 16999.9 Q2 17031.3 Q3 17320.9 Q4 17622.3 FY 17243.6
FY2015 Q1 17735.9 Q2 17874.7 Q3 18093.2 Q4 18227.7 FY 17982.9
FY2016 Q1 18287.2 Q2 18325.2 Q3 18538.0 Q4 18729.1 FY 18469.9
FY2017 Q1 18905.5 Q2 19057.7 Q3 19250.0 Q4 19500.6 FY 19178.4
FY2018 Q1 19754.1 Q2 est3 19960.1 trending FY 20101 - 4.9%
FY2018 Q1 19754.1 Q2(19963.3)Q3(20324.8) (advanced est)

Calendar Year 2017 GDP was 19,391 according to CBO. $19,390.6 from above.

---

Quote:

---

902.4 FY2017Q3 - 18Q2 (est3)

873.0 FY2014Q1-4
848.6 FY2017Q2 - 18Q1
843.4 FY2014Q3 - 15Q2
837.7 FY2005Q1-4
825.3 FY2004Q3 - 05Q2
819.4 FY2005Q2 - 06Q1
810.7 FY2003Q4 - 04Q3

792.7 FY2004Q4 - 05Q3
779.5 FY2013Q4 - 14Q3
772.3 FY2014Q4 - 15Q3
771.5 FY2017Q1-4
758.3 FY2003Q3 - 04Q2
745.4 FY2004Q2 - 05Q1
742.6 FY2004Q1-4
736.0 FY2014Q2 - 15Q1
735.5 FY2011Q3 - 12Q2
735.2 FY2005Q3 - 06Q2
732.5 FY2016Q3 - 17Q2
713.0 FY2003Q2 - 04Q1
712.0 FY2016Q4 - 17Q3

So far, every single 4-Quarter cycle which has ended with Trump has been above $710 Billion GDP growth, all 5 Quarters to date.
Of Obama's 32 Quarters, only 6 did so well.
Of Bush's 32 Quarters, 10 did so well, when the GDP was a smaller size and before Obamanomics had devalued the U.S. Dollar.


Next GDP report is 29 August.

So it looks clear that Trump is the only President to accomplish more than $900 Billion of GDP Growth in any 4-Quarter period. And he did it in only his very first full 4 Quarters. Apparently some here claim that this must be attributed to Bush43 - but most reasonable people can see that is fallacy.


Well, today all the numbers changed, so they won't mesh with the previous data. Seems they recalculated current dollars.

Regardless, we can still see that this past Quarter is the highest growth figure, ever. And the 4-Quarter cycle is the first ever to top $1 Trillion.
Plus, the Quarterly increase is double what most have predicted.

---

Quote:

---

Originally posted by JEWELSTAITEFAN:
US Debt Clock site still shows GDP as $20.182 Trillion at this moment.

---

Quote:

---

Originally posted by JEWELSTAITEFAN:
That revision is a huge manipulation of data, so I'll try to flesh it out a bit here.

Did we really need to redefine what the GDP was in 2000? In 1930?
Did we not know what the GDP was within a few years, so now we
should rewrite history?
The Deep State Obamabots at BEA have feverishly been endeavoring to deny reality.

Display stabilization row:
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
XXXX

---

Quote:

---

Peak Quarters of growth: (including all-time Top 10 prior to Trump)

361.5 FY2018 Q3 (new data)
322.9 FY2014 Q3

294.0 FY2014 Q4
271.6 FY2006 Q2
254.4 FY2003 Q4
250.9 FY2015 Q3

244.8 FY2000 Q3
243.7 FY2018 Q1
238.9 FY2005 Q2
234.4 FY2014 Q1
232.9 FY2005 Q4
231.6 FY2016 Q3
229.0 FY2017 Q4


Clearly, 2nd Quarters are a tough nut to crack. So here are top Q2s:

With revised data of July 2018:
271.6 FY2006 Q2

238.9 FY2005 Q2
223.3 FY2012 Q2
210.7 FY2013 Q2
209.2 FY2018 Q2

183.4 FY2017 Q2
171.4 FY2007 Q2
150.9 FY2004 Q2



Trump is color coded Orange. Bush is color coded Green.

Peak 4 Quarter cycles of growth:


1,0434.4 FY2017Q4 - 18Q3 (est) (new data)

878.4 FY2017Q3 - 18Q2 (new data)
871.1 FY2014Q1-4 (new data)
867.5 FY2014Q3 - 15Q2
852.6 FY2017Q2 - 18Q1
842.6 FY2005Q3 - 06Q2
841.1 FY2004Q3 - 05Q2
839.8 FY2005Q4 - 06Q3
839.6 FY2005Q1-4
814.4 FY2018Q1-3 - only first 3 Quarters.
809.9 FY2005Q2 - 06Q1
801.0 FY2004Q4 - 05Q3

796.1 FY2003Q4 - 04Q3
795.5 FY2014Q3 - 15Q3
788.5 FY2017Q1-4
787.9 FY2013Q3 - 14Q3
753.5 FY2016Q3 - 17Q2
753.1 FY2004Q2 - 05Q1
736.7 FY2003Q3 - 04Q2

736.0 FY2004Q1-4
734.0 FY2011Q3 - 12Q2
724.6 FY2006Q1-4
724.2 FY2013Q2 - 14Q1
718.4 FY2016Q4 - 17Q3
704.9 FY2006Q2 - 07Q1


So far, every single 4-Quarter cycle which has ended with Trump has been above $704 Billion GDP growth, all 6 Quarters to date, and also the 7th Quarter as well, ending with September.
Of Obama's 32 Quarters, only 6 did so well.
Of Bush's 32 Quarters, 12 did so well, when the GDP was a smaller size and before Obamanomics had devalued the U.S. Dollar.


Next GDP report is 29 August.

So it looks clear that Trump is the only President to accomplish more than $900 Billion of GDP Growth in any 4-Quarter period. And he did it in only his very first full 4 Quarters.

Regardless, we can still see that this past Quarter is the highest growth figure, ever. And the 4-Quarter cycle is the first ever to top $1 Trillion.
Plus, the Quarterly increase is double what most have predicted.

---

Quote:

---

Originally posted by JEWELSTAITEFAN:

New report today from BEA. This is for the Quarter ending with June.
Updating some figures.



This data does appear to be listed under Calendar Year Quarters as opposed to Fiscal Year Quarters elsewhere.
Yes, this is Table.1.1.5 (use the Modify button to adjust dates) at this link:
https://bea.gov/iTable/iTable.cfm?

Quote:

---

Originally posted by JEWELSTAITEFAN:
https://bea.gov/iTable/iTable.cfm
Guess I need to specify Table 1.1.5.


This GDP data is from BEA News Release Archives. Current-Dollar GDP.

I noticed a trend among the BEA data. The figures from BEA do not match other info. But they make monthly reports, each Quarter has an Advanced Estimate, then 2nd Estimate, then 3rd Estimate, before the final figure.

---

FY2015Q1, Cal YRQ4 17,710.7 17,701.3 17,703.7 17,703.7 --07.0
FY2015Q2, Cal YRQ1 17,710.0 17,665.0 17,693.3 17,649.3 --60.7
FY2015Q3, Cal YRQ2 17,840.5 17,902.0 17,913.7 17,913.7 +73.2
FY2015Q4, Cal YRQ3 18,034.8 18,064.7 18,060.2 18,060.2 +25.4
FY2016Q1, Cal YRQ4 18,128.2 18,148.4 18,164.8 18,164.8 +36.6
FY2016Q2, Cal YRQ1 18,221.1 18,229.5 18,230.1 18,281.6 +60.5
FY2016Q3, Cal YRQ2 18,437.6 18,436.5 18,450.1 18,450.1 +12.5
FY2016Q4, Cal YRQ3 18,651.2 18,657.9 18,675.3 18,675.3 +24.1
FY2017Q1, Cal YRQ4 18,860.8 18,855.5 18,869.4 18,905.5 +44.7
FY2017Q2, Cal YRQ1 19,007.3 19,027.6 19,027.1 19,057.7 +50.4

FY2017Q3, Cal YRQ2 19,226.7 19,246.7 19,250.0 19.250.0 +23.3
FY2017Q4, Cal YRQ3 19,495.5 19,509.0 19,500.6 19,500.6 +05.1
FY2018Q1, Cal YRQ4 19,738.9 19,736.5 19,754.1 19,754.1 +15.2
FY2018Q2, Cal YRQ1 19,965.3 19,956.8 19,960.1 (19963.3)-2.0
FY2018Q3, Cal YRQ1(20324.8) gain 361.5

Now placing equivalent figures in parentheses, following 27 July 2018 revisions.

Quote:

---

---

Display stabilization row:
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
XXXX


FY2000 Q1 09926.1 Q2 10031.0 Q3 10278.3 Q4 10357.4 FY 10148.2
FY2001 Q1 10472.3 Q2 10508.1 Q3 10638.4 Q4 10639.5 FY 10564.6
FY2002 Q1 10701.3 Q2 10834.4 Q3 10924.8 Q4 11037.1 FY 10876.9
FY2003 Q1 11103.8 Q2 11230.1 Q3 11370.7 Q4 11625.1 FY 11332.4
FY2004 Q1 11816.7 Q2 11988.4 Q3 12181.4 Q4 12367.7 FY 12088.6
FY2005 Q1 12562.2 Q2 12813.7 Q3 12974.1 Q4 13205.4 FY 12888.9
FY2006 Q1 13381.6 Q2 13648.9 Q3 13799.8 Q4 13908.5 FY 13684.7
FY2007 Q1 14066.4 Q2 14233.2 Q3 14422.3 Q4 14569.7 FY 14322.9
FY2008 Q1 14685.3 Q2 14668.4 Q3 14813.0 Q4 14843.0 FY 14752.4
FY2009 Q1 14549.9 Q2 14383.9 Q3 14340.4 Q4 14384.1 FY 14414.6
FY2010 Q1 14566.5 Q2 14681.1 Q3 14888.6 Q4 15057.7 FY 14798.5
FY2011 Q1 15230.2 Q2 15238.4 Q3 15460.9 Q4 15587.1 FY 15379.1
FY2012 Q1 15785.3 Q2 15973.9 Q3 16121.9 Q4 16227.9 FY 16027.2
FY2013 Q1 16297.7 Q2 16475.4 Q3 16541.4 Q4 16749.3 FY 16515.9
FY2014 Q1 16999.9 Q2 17031.3 Q3 17320.9 Q4 17622.3 FY 17243.6
FY2015 Q1 17735.9 Q2 17874.7 Q3 18093.2 Q4 18227.7 FY 17982.9
FY2016 Q1 18287.2 Q2 18325.2 Q3 18538.0 Q4 18729.1 FY 18469.9
FY2017 Q1 18905.5 Q2 19057.7 Q3 19250.0 Q4 19500.6 FY 19178.4
FY2018 Q1 19754.1 Q2 est3 19960.1 trending FY 20101 - 4.9%
FY2018 Q1 19754.1 Q2(19963.3)Q3(20324.8) (advanced est)

Calendar Year 2017 GDP was 19,391 according to CBO. $19,390.6 from above.

---

Quote:

---

Quote:

---

This data meshes well. Taking the average of the 4 FY Quarters produces the FY figure listed by Treasury, except for FY 2017. This is because each quarter has the data multiplied by 4, to present as a full year's rate.

Something to note: Obama constantly projected that he would generate repeated increases to GDP of over $1 Trillion from one year to the next. Yet Obamanomics never allowed growth like that to occur. Not one single year did the GDP grow by $1 Trillion. Not during Obamanomics, nor ever before. But Trump is on pace to accomplish this feat, in only his very first full year - even though Obama's overly optimistic predictions did not identify it would be possible this soon.


Peak Quarters of growth: (including all-time Top 10 prior to Trump)

---

361.5 FY2018 Q3 (new data)
322.9 FY2014 Q3

294.0 FY2014 Q4
271.6 FY2006 Q2
254.4 FY2003 Q4
250.9 FY2015 Q3

244.8 FY2000 Q3
243.7 FY2018 Q1
238.9 FY2005 Q2
234.4 FY2014 Q1
232.9 FY2005 Q4
231.6 FY2016 Q3
229.0 FY2017 Q4

Quote:

---

301.4 FY2014 Q4
289.6 FY2014 Q3
267.3 FY2006 Q2
254.4 FY2003 Q4
253.5 FY2018 Q1
251.5 FY2005 Q2
250.6 FY2014 Q1
250.6 FY2017 Q4
247.3 FY2000 Q3
231.3 FY2005 Q3
218.5 FY2015 Q3
212.8 FY2016 Q3


Clearly, 2nd Quarters are a tough nut to crack. So here are top Q2s:

267.3 FY2006 Q2
251.5 FY2005 Q2

209.2 FY2018 Q2 (new data)

188.6 FY2012 Q2
183.4 FY2017 Q2 (new data)
177.7 FY2013 Q2
171.7 FY2004 Q2
166.8 FY2007 Q2
152.2 FY2017 Q2

---

With revised data of July 2018:
271.6 FY2006 Q2

238.9 FY2005 Q2
223.3 FY2012 Q2
210.7 FY2013 Q2
209.2 FY2018 Q2

183.4 FY2017 Q2
171.4 FY2007 Q2
150.9 FY2004 Q2

Quote:

---

Trump is color coded Orange. Bush is color coded Green.

Peak 4 Quarter cycles of growth:

---

1,0434.4 FY2017Q4 - 18Q3 (est) (new data)

878.4 FY2017Q3 - 18Q2 (new data)
871.1 FY2014Q1-4 (new data)
867.5 FY2014Q3 - 15Q2
852.6 FY2017Q2 - 18Q1
842.6 FY2005Q3 - 06Q2
841.1 FY2004Q3 - 05Q2
839.8 FY2005Q4 - 06Q3
839.6 FY2005Q1-4
814.4 FY2018Q1-3 - only first 3 Quarters.
809.9 FY2005Q2 - 06Q1
801.0 FY2004Q4 - 05Q3

796.1 FY2003Q4 - 04Q3
795.5 FY2014Q3 - 15Q3
788.5 FY2017Q1-4
787.9 FY2013Q3 - 14Q3
753.5 FY2016Q3 - 17Q2
753.1 FY2004Q2 - 05Q1
736.7 FY2003Q3 - 04Q2

736.0 FY2004Q1-4
734.0 FY2011Q3 - 12Q2
724.6 FY2006Q1-4
724.2 FY2013Q2 - 14Q1
718.4 FY2016Q4 - 17Q3
704.9 FY2006Q2 - 07Q1

Quote:

---

902.4 FY2017Q3 - 18Q2 (est3)

873.0 FY2014Q1-4
848.6 FY2017Q2 - 18Q1
843.4 FY2014Q3 - 15Q2
837.7 FY2005Q1-4
825.3 FY2004Q3 - 05Q2
819.4 FY2005Q2 - 06Q1
810.7 FY2003Q4 - 04Q3

792.7 FY2004Q4 - 05Q3
779.5 FY2013Q4 - 14Q3
772.3 FY2014Q4 - 15Q3
771.5 FY2017Q1-4
758.3 FY2003Q3 - 04Q2
745.4 FY2004Q2 - 05Q1
742.6 FY2004Q1-4
736.0 FY2014Q2 - 15Q1
735.5 FY2011Q3 - 12Q2
735.2 FY2005Q3 - 06Q2
732.5 FY2016Q3 - 17Q2
713.0 FY2003Q2 - 04Q1
712.0 FY2016Q4 - 17Q3

So far, every single 4-Quarter cycle which has ended with Trump has been above $710 Billion GDP growth, all 5 Quarters to date.
Of Obama's 32 Quarters, only 6 did so well.
Of Bush's 32 Quarters, 10 did so well, when the GDP was a smaller size and before Obamanomics had devalued the U.S. Dollar.


Next GDP report is 29 August.

So it looks clear that Trump is the only President to accomplish more than $900 Billion of GDP Growth in any 4-Quarter period. And he did it in only his very first full 4 Quarters. Apparently some here claim that this must be attributed to Bush43 - but most reasonable people can see that is fallacy.


Well, today all the numbers changed, so they won't mesh with the previous data. Seems they recalculated current dollars.

Regardless, we can still see that this past Quarter is the highest growth figure, ever. And the 4-Quarter cycle is the first ever to top $1 Trillion.
Plus, the Quarterly increase is double what most have predicted.

---

One thing resonates at this point: having the data posted like so far in this thread can be important, because now all of that source data is erased, as far as the Internet is concerned, it never existed.

---

Quote:

---

Originally posted by JEWELSTAITEFAN:

Today CBO released its Analysis of Trump's FY2019 Federal Budget.
To reconcile it's prior projections with Reality it had to begrudgingly increase the Revenues, decrease the Outlays, Deficit, and Debt, and increase the GDP - at least for FY2018. And these revisions are compared to the delusions they persisted with as of LAST MONTH, or 7 weeks ago.
https://www.cbo.gov/publication/53884

The CBO report is from April 2018, which was delayed from January due to the legislation passed in November 2017, February, March 2018. It only includes non-legislative factors up to mid-February. It is https://www.cbo.gov/publication/53651
For comparison, I'll post on the same Table as Trump's projections.

---

Quote:

---

Originally posted by JEWELSTAITEFAN:
Although I'm not completely on board with the excessive manipulation of data, just to try to push the pretense that Obamanomics was not a disaster for 8 years, it actually does help show how dismall Obamanomics was.
I'll make a list of the best increases in a 2-year period, and also in a 6-Quarter period.

Quote:

---

Originally posted by JEWELSTAITEFAN:
That revision is a huge manipulation of data, so I'll try to flesh it out a bit here.

Did we really need to redefine what the GDP was in 2000? In 1930?
Did we not know what the GDP was within a few years, so now we
should rewrite history?
The Deep State Obamabots at BEA have feverishly been endeavoring to deny reality.

---

---

Quote:

---

Peak Quarters of growth: (including all-time Top 10 prior to Trump)

370.9 FY2018 Q3 (new data)
322.9 FY2014 Q3

294.0 FY2014 Q4
271.6 FY2006 Q2
254.4 FY2003 Q4
250.9 FY2015 Q3

244.8 FY2000 Q3
243.7 FY2018 Q1
238.9 FY2005 Q2
234.4 FY2014 Q1
232.9 FY2005 Q4
231.6 FY2016 Q3
229.0 FY2017 Q4


Clearly, 2nd Quarters are a tough nut to crack. So here are top Q2s:

With revised data of July 2018:
271.6 FY2006 Q2

238.9 FY2005 Q2
223.3 FY2012 Q2
210.7 FY2013 Q2
209.2 FY2018 Q2

183.4 FY2017 Q2
171.4 FY2007 Q2
150.9 FY2004 Q2



Trump is color coded Orange. Bush is color coded Green.

Peak 4 Quarter cycles of growth:


1,0443.8 FY2017Q4 - 18Q3 (est) (new data)

878.4 FY2017Q3 - 18Q2 (new data)
871.1 FY2014Q1-4 (new data)
867.5 FY2014Q3 - 15Q2
852.6 FY2017Q2 - 18Q1
842.6 FY2005Q3 - 06Q2
841.1 FY2004Q3 - 05Q2
839.8 FY2005Q4 - 06Q3
839.6 FY2005Q1-4
823.8 FY2018Q1-3 - only first 3 Quarters.
809.9 FY2005Q2 - 06Q1
801.0 FY2004Q4 - 05Q3

796.1 FY2003Q4 - 04Q3
795.5 FY2014Q3 - 15Q3
788.5 FY2017Q1-4
787.9 FY2013Q3 - 14Q3
753.5 FY2016Q3 - 17Q2
753.1 FY2004Q2 - 05Q1
736.7 FY2003Q3 - 04Q2

736.0 FY2004Q1-4
734.0 FY2011Q3 - 12Q2
724.6 FY2006Q1-4
724.2 FY2013Q2 - 14Q1
718.4 FY2016Q4 - 17Q3
704.9 FY2006Q2 - 07Q1


So far, every single 4-Quarter cycle which has ended with Trump has been above $704 Billion GDP growth, all 6 Quarters to date, and also the 7th Quarter as well, ending with September.
Of Obama's 32 Quarters, only 6 did so well.
Of Bush's 32 Quarters, 12 did so well, when the GDP was a smaller size and before Obamanomics had devalued the U.S. Dollar.


Next GDP report is 27 September.

So it looks clear that Trump is the only President to accomplish more than $900 Billion of GDP Growth in any 4-Quarter period. And he did it in only his very first full 4 Quarters.

Regardless, we can still see that this past Quarter is the highest growth figure, ever. And the 4-Quarter cycle is the first ever to top $1 Trillion.
Plus, the Quarterly increase is double what most have predicted.

---

Quote:

---

---