GDP Expanded by a 3.5% Annual Rate, Better than Expected

TRUMP ECONOMY KEEPS ROARING …

As reported at CNBC, the U.S. economy grew at a faster-than-expected rate in the third quarter as inflation was kept in check and consumer spending surged, according to data released by the Commerce Department on Friday. The GDP rose to 3.5%, better than what economists had expected.

• Gross domestic product expanded by a 3.5 percent annual rate. Economists polled by Dow Jones expected the economy to expand by a 3.4 percent annual rate.
• The department said the PCE price index, a key measure of inflation, increased by 1.6 percent last quarter, much less than the 2.2 percent increase expected by economists polled by StreetAccount.
• Consumer spending, which accounts for more than two thirds of U.S. economic activity, grew by 4 percent in the third quarter, the strongest since the fourth quarter of 2014.

Q3 GDP up 3.5 percent vs. 3.4 percent estimate from CNBC.

Judge throws out Porn Star Stormy Daniels’s Defamation Lawsuit Against President Trump

STRIKE ONE, CPL AND STORMY DANIELS LOSE DEFAMATION CASE AGAINST TRUMP …

As it turns out, presidents have First Amendment rights too. On Monday U.S. District Judge S. James Otero dismissed a defamation lawsuit from adult-film actress Stormy Daniels and her CPL that claimed President Donald Trump defamed her when he suggested she had lied about being threatened to keep quiet about their alleged relationship. The judge also ordered that Daniels, whose real name is Stephanie Clifford, is also liable for Trump’s legal fees.

A federal judge on Monday dismissed a lawsuit from adult-film actress Stormy Daniels that claimed President Trump defamed her when he suggested she had lied about being threatened to keep quiet about their alleged relationship.

U.S. District Judge S. James Otero in Los Angeles ruled that Trump’s speech was protected by the First Amendment as the kind of “rhetorical hyperbole” normally associated with politics and public discourse in the United States.” He ordered Daniels, whose given name is Stephanie Clifford, to pay Trump’s legal fees.

Trump attorney Charles Harder cheered Otero’s decision.

“No amount of spin or commentary by Stormy Daniels or her lawyer, Mr. Avenatti, can truthfully characterize today’s ruling in any way other than total victory for President Trump and total defeat for Stormy Daniels,” Harder said in an emailed statement.

Great advice given to Daniels by her attorney to sue. CPL, Avenatti announced that they will appeal the case with the Ninth Circuit court. Great, adding more court fees to his client when she ultimately loses because free speech is free speech.

UPDATE I: Trump calls Stormy Daniels ‘Horseface’

Not sure I would have done this, but it is pure Donald Trump.

President Trump on Tuesday called adult-film star Stormy Daniels “Horseface” and threatened to “go after” her after he won a court victory over his alleged mistress.

“’Federal Judge throws out Stormy Danials [sic] lawsuit versus Trump. Trump is entitled to full legal fees.’ @FoxNews Great, now I can go after Horseface and her 3rd rate lawyer in the Great State of Texas. She will confirm the letter she signed! She knows nothing about me, a total con!’ he tweeted.

MAGA!! President Doanld Trump’s list of 289 Accomplishments in just 20 Months .., ITS TIME TO VOTE REPUBLICAN AND KEEP MAKING AMERICA GREAT AGAIN!!!

2018 MIDTERMS ARE A REFERENDUM ON TRUMP AND HE HAS DONE AN AMAZING JOB …

The 2018 midterm elections are a referendum on the amazing job that President Donald Trump has accomplished in just 20 months. The Washington Examiner has provided a list of 289 accomplishments of the Trump presidency and the continuous winning of the American people. America, are you tired of winning? If so, vote Democrat. Because what has been accomplished since the 2016 presidential election has been a product of Trump and the GOP. The Democrats, the LEFT and the MSM has done nothing but obstruct. You are witness to the best economy in a half century. For blacks, Hispanics and Asians, i has been the lowest unemployment rate in history. President Trump, with the aid of the GOP has done wonders. Take a look at all the accomplishments since the liberal MSM will never report the positive.

Most presidents and politicians just make promises to get elected. President Trump has come thru on his promises, now it is our turn to than him for is and the GOP’s hard word and continue to allow them to Make America Great Again, vote Republicans!!!

The Trump administration’s often overlooked list of achievements has surpassed those of former President Ronald Reagan at this time and more than doubled since the last tally of accomplishments after his first year in office, giving President Trump a solid platform to run for re-election on.

As Trump nears the two-year mark of his historic election and conducts political rallies around the country, during which he talks up his wins in hopes it will energize Republican voters, the administration has counted up 289 accomplishments in 18 categories, capped by the confirmation of Brett Kavanaugh to the Supreme Court.

They include 173 major wins, such as adding more than 4 million jobs, and another 116 smaller victories, some with outsize importance, such as the 83 percent one-year increase in arrests of MS-13 gang members.

“Trump’s successes in reducing the cost of taxes and regulations, rebuilding our military, avoiding wars of choice and changing the courts rival those of all previous Republican presidents,” said Grover Norquist, president of Americans for Tax Reform.

The list of Trump’s accomplishments are just amazing:

> Economic Growth
4.2 percent growth in the second quarter of 2018.
For the first time in more than a decade, growth is projected to exceed 3 percent over the calendar year.

> Jobs
4 million new jobs have been created since the election, and more than 3.5 million since Trump took office.
More Americans are employed now than ever before in our history.
Jobless claims at lowest level in nearly five decades.
The economy has achieved the longest positive job-growth streak on record.
Job openings are at an all-time high and outnumber job seekers for the first time on record.
Unemployment claims at 50 year low
African-American, Hispanic, and Asian-American unemployment rates have all recently reached record lows.
African-American unemployment hit a record low of 5.9 percent in May 2018.
Hispanic unemployment at 4.5 percent.
Asian-American unemployment at record low of 2 percent.
Women’s unemployment recently at lowest rate in nearly 65 years.
Female unemployment dropped to 3.6 percent in May 2018, the lowest since October 1953.
Youth unemployment recently reached its lowest level in more than 50 years.
July 2018’s youth unemployment rate of 9.2 percent was the lowest since July 1966.
Veterans’ unemployment recently hit its lowest level in nearly two decades.
July 2018’s veterans’ unemployment rate of 3.0 percent matched the lowest rate since May 2001.
Unemployment rate for Americans without a high school diploma recently reached a record low.
Rate for disabled Americans recently hit a record low.
Blue-collar jobs recently grew at the fastest rate in more than three decades.
Poll found that 85 percent of blue-collar workers believe their lives are headed “in the right direction.”
68 percent reported receiving a pay increase in the past year.
Last year, job satisfaction among American workers hit its highest level since 2005.
Nearly two-thirds of Americans rate now as a good time to find a quality job.
Optimism about the availability of good jobs has grown by 25 percent.
Added more than 400,000 manufacturing jobs since the election.
Manufacturing employment is growing at its fastest pace in more than two decades.
100,000 new jobs supporting the production & transport of oil & natural gas.

> American Income
Median household income rose to $61,372 in 2017, a post-recession high.
Wages up in August by their fastest rate since June 2009.
Paychecks rose by 3.3 percent between 2016 and 2017, the most in a decade.
Council of Economic Advisers found that real wage compensation has grown by 1.4 percent over the past year.
Some 3.9 million Americans off food stamps since the election.
Median income for Hispanic-Americans rose by 3.7 percent and surpassed $50,000 for the first time ever in history.
Home-ownership among Hispanics is at the highest rate in nearly a decade.
Poverty rates for African-Americans and Hispanic-Americans have reached their lowest levels ever recorded.

> American Optimism
Small business optimism has hit historic highs.
NFIB’s small business optimism index broke a 35 year-old record in August.
SurveyMonkey/CNBC’s small business confidence survey for Q3 of 2018 matched its all-time high.
Manufacturers are more confident than ever.
95 percent of U.S. manufacturers are optimistic about the future, the highest ever.
Consumer confidence is at an 18-year high.
12 percent of Americans rate the economy as the most significant problem facing our country, the lowest level on record.
Confidence in the economy is near a two-decade high, with 51 percent rating the economy as good or excellent.

> American Business

Investment is flooding back into the United States due to the tax cuts.
Over $450 billion dollars has already poured back into the U.S., including more than $300 billion in the first quarter of 2018.
Retail sales have surged. Commerce Department figures from August show that retail sales increased 0.5 percent in July 2018, an increase of 6.4 percent from July 2017.
ISM’s index of manufacturing scored its highest reading in 14 years.
Worker productivity is the highest it has been in more than three years.
Steel and aluminum producers are re-opening.
Dow Jones Industrial Average, S&P 500, and NASDAQ have all notched record highs.
Dow hit record highs 70 times in 2017 alone, the most ever recorded in one year.

> Tax Cuts

Biggest tax cuts and reforms in American history by signing the Tax Cuts and Jobs act into law
Provided more than $5.5 trillion in gross tax cuts, nearly 60 percent of which will go to families.
Increased the exemption for the death tax to help save Family Farms & Small Business.
Nearly doubled the standard deduction for individuals and families.
Enabled vast majority of American families will be able to file their taxes on a single page by claiming the standard deduction.
Doubled the child tax credit to help lessen the financial burden of raising a family.
Lowered America’s corporate tax rate from the highest in the developed world to allow American businesses to compete and win.
Small businesses can now deduct 20 percent of their business income.
Cut dozens of special interest tax breaks and closed loopholes for the wealthy.
9 in 10 American workers are expected see an increase in their paychecks thanks to the tax cuts, according to the Treasury Department.
More than 6 million of American workers have received wage increases, bonuses, and increased benefits thanks to tax cuts.
Over 100 utility companies have lowered electric, gas, or water rates thanks to the Tax Cuts and Jobs Act.
Ernst & Young found 89 percent of companies planned to increase worker compensation thanks to the Trump tax cuts.
Established opportunity zones to spur investment in left behind communities.

MORE ACCOMPLISHMENTS

THE LEFT FEARS THE BLACK WAVE … The Intolerant Left Attacks Kanye West’s White House Visit (VISIT)

THE LEFT FEARS THE BLACK WAVE …

TUCKER CARLSON DISCUSSES KANYE WEST AT THE WHITE HOUSE:

There were some real gems in what Kanye West said and the reason why the LEFT and their liberal media fear Kanye and why he must be destroyed. And the LEFT swooped in and tried to do just that as they called him crazy and attempted to dismiss him. What would happen if blacks actually voted with Trump and Republicans? After all, Trump’s policies are benefiting all, including the black community. Black unemployment is at an all-time low, black business ownership is up. And thus the liberal intolerance and double standard begins with the LEFT. Trash Kanye, dismiss Kanye, destroy him at all cost fior he acts as a bridge to the black community and creates a BLACK WAVE in 2018 and the future.

“I love Hillary,” West said on Thursday, sporting his red MAGA hat. “I love everyone, right? But the campaign ‘I’m with her’ just didn’t make me feel as a guy, that didn’t get to see my dad all the time, like a guy that could play catch with his son.

Kanye West Says To President Trump: MAGA Hat Makes Me Feel Like Superman (VIDEO)

MAGA HAT MAKES ME FEEL LIKE SUPERMAN!!!

And you wonder why the Democrats, the Left and their shills in the liberal MSM are afraid of Kanye West, one had to look no further than yesterday and Kanye’s appearance in the White House. When Kanya West showed America, and namely black America, that he liked President Donald Trump and that he loved President Trump, it spoke volumes to many tn the black community. And when Kanye West said. “his “Make America Great Again” hat makes him feel like Superman,” it was huge.

… his “Make America Great Again” hat makes him feel like Superman.

“People try to scare me into not wearing this hat. This hat gives me power in a way,” the rapper and entertainer said.

He continued, “What I need Saturday Night Live to improve on, or what I need the liberals to improve on — if he don’t look good, we don’t look good. This is our president. He has to be the freshest, the flyest. The flyest planes. The best factories.”

And the collective left lost their minds as they fear Kanye West is a bridge for the black community to the policies and efforts of President Donald Trump and the GOP. Make no mistake about it folks, the media used to love Kanye, now because he supports Trump, they must marginalize him and worse.