RSSU.S. Second-Quarter GDP 4.1%!!!
MAKING AMERICA GREAT AGAIN!!!
The second quarter GDP is 4.1%!!! This is the first time we have seen a GDP over 4 in nearly 4 years, Q3 2014. Also, the first quarter GDP was revised from 2.0% to 2.2%. This is more great news for President Trump, Republicans and Americans. Ahead of the 2018 midterms, this tremendous positive economic news should play well for the GOP.
Gross domestic product grew at a solid 4.1 percent pace in the second quarter, boosting hopes that the economy is ready to break out of its decade-long slumber.
The number matched expectations from economists surveyed by Reuters and was boosted by a surge in consumer spending and business investment.
That’s the fastest rate of the growth since the third quarter of 2014 and the third-best growth rate since the Great Recession.
In recent days, White House officials have been indicating the reading will be strong.
President Donald Trump himself tweeted a few days ago that the U.S. has the “best financial numbers on the planet,” while National Economic Council Chairman Larry Kudlow predicted on Thursday that Q2 GDP will be “big.”
Posted July 27, 2018 by Scared Monkeys Donald Trump, Economy, GDP, Making America Great Again | one comment |
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The announced 50 billion drop in trade deficit is important regarding the overall state of our economy. Trump is closing the hole in the “piggy band” to stop the drain of our wealth to others.
There is another part that needs to be fixed before we can declare real victory in restoring our Republic economically. The Congress has to stop special interests from robbing the people and the socialists from spending money on those too lazy or ignorant to work.