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Tuesday, December 8, 2020

GDP Revisited

Despite recent political boasting, the St. Louis Federal Reserve GDP stats provide, for some, a sobering view of economic performance under two Presidents-PRE COVID!. 





Of the 13 pre-COVID comparable first term quarters for Trump versus Obama, Obama led in 7 OF 13-just about even! Granted there is NO direct effect of the Presidency on economic growth thus no one can really take any Presidential boast of economic superiority seriously-especially not with this record. 

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Disclaimer: Posts are for education only and not investment advice, may be subject to change without notice, and, while prepared with care, may be subject to omissions and errors.

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