Free Republic
Browse · Search
Topics · Post Article

Skip to comments.

In year of chaos, Trumpís boost to economy canít be denied
NY Post ^ | December 6, 2017 | John Crudele

Posted on 12/07/2017 8:56:08 AM PST by Oshkalaboomboom

President Trump has an ace in the hole that his opponents are forgetting. Again!

Despite all the sideshows — the alleged Russian interference in the election, obstruction of justice probes, ringers in Trump investigations and, of course, the president’s big mouth and poor judgment — Trump became president because of one thing: The US economy hadn’t been growing enough to please voters.

The sideshows (which I’ll get into later) continue, but the economy looks like it is doing better. So Trump is scoring points on the one issue that matters most to voters.

According to the official numbers, the economy is growing moderately well, compared with the weak growth during the Obama administration. The gross domestic product expanded at an annual rate of 3.3 percent in the third quarter in 2017. That followed the second quarter’s 3.1 percent.

So far, the fourth quarter is humming along at an annualized growth rate of 3.2 percent, according to projections.

Job growth has also been moderately good, although the hurricanes this fall are making it hard to determine just how good.

July produced a weak 138,000 new jobs, but August bounced back with 208,000 and October had 261,000. Only September’s hurricane-buffeted economy, which produced just 18,000 new jobs, appeared dismal.

(Excerpt) Read more at ...

TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: trumpeconomy
As long as the economy keeps improving haters can hate all they want. Trump will be reelected and NeverTrumpers can crawl back under their rocks and get back in bed with their Democrat friends.
1 posted on 12/07/2017 8:56:08 AM PST by Oshkalaboomboom
[ Post Reply | Private Reply | View Replies]

To: Oshkalaboomboom
Al Franken resigns
and the Dow pops 100pts!
2 posted on 12/07/2017 8:58:32 AM PST by billorites (freepo ergo sum)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Oshkalaboomboom

Oh, so 3+ % growth is “moderate” under the Trump administration. But that was the prediction he made during his campaign and the media responded by calling him a liar and saying that growth would never reach 3% again. . .

3 posted on 12/07/2017 9:06:23 AM PST by gspurlock (
[ Post Reply | Private Reply | To 1 | View Replies]

To: gspurlock
What the media reported about Trumps 3% gdp:

Just a sampling for anyone not wanting to look them up.

4 posted on 12/07/2017 9:26:13 AM PST by dbalaska
[ Post Reply | Private Reply | To 3 | View Replies]

To: dbalaska

Thank you so much for the support documentation!

5 posted on 12/07/2017 10:16:11 AM PST by gspurlock (
[ Post Reply | Private Reply | To 4 | View Replies]

To: Oshkalaboomboom
The American economy should be growing at somewhere between 7 and 10% right now, to make up for the almost non-existent growth in the last 10 years.

So what is holding back the American economy right now?

1) An excess 30 million illegal aliens in-country, which suppresses wages for Americans and strains the welfare system.

2) Excessive regulations and government stupidity, the most recent example being Obamacare.

Clear those problems, and we will see a ginormous growth in the American economy. But we have to want it, because waiting for the clown show in DC to stop being a roadblock is optimistic.

6 posted on 12/07/2017 10:21:09 AM PST by Bernard (If we could tax Stupid, Congress could balance the budget)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Bernard

Yep, the US has a whole lot of deferred maintenance that needs done. That will translate into increased GDP growth for years to come.

7 posted on 12/07/2017 10:29:23 AM PST by glorgau
[ Post Reply | Private Reply | To 6 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794 is powered by software copyright 2000-2008 John Robinson