« on: June 14, 2018, 11:11:50 pm »
https://www.cnbc.com/2018/06/14/trumps-forecast-of-4-percent-gdp-growth-close-to-coming-true-as-americans-spend-tax-bill-proceeds.htmlTrump's forecast of 4% GDP growth close to coming true as Americans spend tax-bill proceeds
Surging consumer spending is driving GDP well above prior estimates, and it is now tracking near 4 percent for the second quarter.
That's almost double the pace of the first quarter.
Economists say the consumer is seeing the impact of the tax cuts and is spending, as a result of more disposable income.
Bummer for the .....
TRUUUUMMPPPP crowd. Great for Americans though.
Not that the nevr Trumpers arn't Americans... it is just a radical position to hold... given the works.
Logged
Those who profess to favor freedom, and yet deprecate agitation, are men who want crops without plowing up the ground, they want rain without thunder and lightning, they want the ocean without the awful roar of its many waters.
Frederick Douglass