Early signs point to 5% GDP growth next quarter.. Will Democrats plan to ignore MAGA, or will they plan to undo MAGA?
Aug 3, 2018 08:02:14 #
https://www.businessinsider.com/trump-gdp-growth-q3-third-quarter-strong-2018-8
Trump got a dynamite GDP number last quarter — and early signs point to the next one being even better
President Donald Trump took a victory lap Friday after second-quarter gross-domestic-product growth came in at 4.1%, the strongest since the third quarter of 2014.
Trump said the GDP reading proved that his policies were working and that the country was on track to fulfill his promise of sustained 4% annual GDP growth.
Many economists doubted the strong growth would continue, pointing to transitory factors that help boost the second-quarter number.
But early estimates for third-quarter GDP growth look potentially even stronger.
Trump got a dynamite GDP number last quarter — and early signs point to the next one being even better
President Donald Trump took a victory lap Friday after second-quarter gross-domestic-product growth came in at 4.1%, the strongest since the third quarter of 2014.
Trump said the GDP reading proved that his policies were working and that the country was on track to fulfill his promise of sustained 4% annual GDP growth.
Many economists doubted the strong growth would continue, pointing to transitory factors that help boost the second-quarter number.
But early estimates for third-quarter GDP growth look potentially even stronger.
Aug 3, 2018 08:06:49 #
lpnmajor
Loc: Arkansas
Super Dave wrote:
With 1000's of pounds of pork sitting in warehouses and 1000's of tons of AG products sitting in silo's, layoffs and plant closings, it seems the "GDP" means pretty much nothing.
Aug 3, 2018 08:44:52 #
lpnmajor wrote:
it's getting harder and harder for Dems to find something to feign concern over.With 1000's of pounds of pork sitting in warehouses and 1000's of tons of AG products sitting in silo's, layoffs and plant closings, it seems the "GDP" means pretty much nothing.
I guess you miss the good old days of 2% GDP, when double the amount of miserey existed..
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