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Politics : Formerly About Advanced Micro Devices

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To: Sdgla who wrote (1094187)10/21/2018 12:31:02 AM
From: puborectalis  Read Replies (4) of 1578430
 
So much for Trump helping your downtrodden Southern states.......

State-level GDP data for the first quarter of 2018 showed zero growth in Arkansas, placing the state 49th among the 50 states (North Dakota experienced a decline of 0.6%). The comparable value for U.S. GDP growth in Q1 was 1.8%.

Over the past four quarters Arkansas GDP expanded by 0.7%, well-below the U.S. average of 2.6%. As shown in the figure below, Arkansas growth rate has lagged the nation since at least 2014. From the beginning of 2014 through 2018:Q1, the growth rates of Arkansas and the U.S. have averaged 1.0% and 2.4%, respectively.

Well, Trump's tariffs will surely turn things around.

On the general topic: I just read that the budget deficit when Paul Ryan became House speaker at the end of fiscal 2015 was $439 billion. Trump deficit prediction for this year $890 billion. Next year, $1.085 billion. Had enough conservative policy winning yet?
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