U.S. Economy Grew at 2.1% Rate in Fourth Quarter

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The U.S. economy grew at its slowest pace since 2016 last year, after posting a 2.1% advance in the fourth quarter

WASHINGTON—.

Gross domestic product—the value of all goods and services produced across the economy—rose at a seasonally and inflation-adjusted annual rate of 2.1% from October to December, the Commerce Department said Thursday, with full-year growth in 2019 at 2.3%.

 

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2%!?!? Trump promised 4%

This is what we get for our trillion dollar deficit spending?

chrislhayes lol

spennington33 Steadily slowing growth.

On a major TV network this morning, there was a segment how 40% of Americans don't have enough to pay a $400 parking ticket. Hmmm, economy is great......

Who knew a guy who bankrupted multiple casinos, ran a fraudulent university, stole from charities would know so little about how to run a MODERN economy?

Winning 👎🏾

chrislhayes Well this is all on Trump now isn't it?

chrislhayes Trump is going to spin that this is fake news media and that the economy actually grew at the pace of 6%. The cult will believe it too. Willful ignorance is a powerful thing.

realDonaldTrump LindseyGrahamSC IngrahamAngle AnnCoulter DonaldJTrumpJr

chrislhayes IF the Senate says no trial no witnesses, do Dem Sens HAVE to vote at all? What if they all REFUSED TO VOTE for conviction/acquittal because no REAL TRIAL occurred?

and the next Q since the conovirus

Remember it was the Bush Jr. administration that almost bankrupted the country and got us into these middle east wars. I think Obama would have been a better president had special interest not been on his back 24-7. Trump has thrown a wrench in the works. Thank God for that

chrislhayes The bad news is that it won’t get any better this qtr as Corona is spooking the markets. Corp. investment is still flat. The economy won’t likely bail Trump out and the stock market is operating in La La land. I think Trump will pressure the fed to go negative interest rates.

chrislhayes So much WINNING it's hard to keep up!

chrislhayes When is the Orange man going to tweet about this?

Someone please let realDonaldTrump know!!!

There is always that one tweet...

chrislhayes I thought getting 4% (minimum) growth would be easy? Well, at least we have $1 trillion/annual deficits to show for this puttering along growth.

Remind me what the Obama admin said was going to be our new normal growth rate?!

chrislhayes So, no 4,5,6 percent?

chrislhayes So much for the economy argument.

Simmer down snowflakes. This is a result of the full employment economy, you can't grow if you can't find employees who can pass a piss test and be to work at 8 am sharp.

oof. The economy is not 'booming'. It is not the best ever. We added $1 trillion to the national debt with 2.1% GDP growth. Trump is running the country like one of his crappy casinos.

JonLemire Aaaand here we go!

chrislhayes realDonaldTrump JeanneIves

What That’s not what your supreme leader is saying

JonLemire Wait, I think that's supposed to be 21%.

Ajasteel on my mind.

Not bad considering most economists predicted a recession

I blame George W Bush.

chrislhayes Thanks, Trump.

chrislhayes Where’s the 4% GDP IMPOTUS45

No worries more printing for Repo market , more stock buybacks, false 1news on Phase 2 with China, more tweets from potus bashing the fed and volia the boom

Wow, trumps actually claiming Obama was tied with him for the “best economy ever”!

Slow and easy ! Look where we are vs where we were with Obama!

chrislhayes Is this why I keep hearing about stores closing?

MAGA. How does Trump spin. This.

TheTrumpEffect

Trump promised us 4% gdp growth with the tax cuts. Promise not delivered

FAKE NEWS! LOL realDonaldTrump promised 4% to 6% growth with his 'Brillant' trade policies and tax cut.

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