Skip to comments.'It is indeed a big one': Trump hails new report as U.S. economy surges to 4.1 percent growth
Posted on 07/27/2018 7:57:40 AM PDT by BlackFemaleArmyColonel
President Donald Trump hailed a new economic report showing the U.S. economy grew at a clip of 4.1 per cent in the second quarter, hitting a high pace not reached since 2014.
'It is indeed a big one,' Trump said. Trump said he was 'honored' by the growth figure and called it a 'great day.'
The president made an unscheduled appearance on the South Lawn of the White House, flanked by his economic advisors, to tout the news.
He promised the high growth rate was not a 'one-time' thing.
'As the trade deals come in one by one we're going to go a lot higher than these numbers and these are great numbers,' Trump said.
'These numbers are very, very sustainable. This isn't a one-time shot,' Trump said.
He also made a sunny prediction about the next quarter. The latest numbers reflect April through June.
'I think the numbers are going to be outstanding. We've accomplished an economic turnaround of historic proportions,' Trump said.
'We're on track to hit the highest annual average growth rate in over 13 years,' Trump said, predicting it could be 'substantially over 3 per cent' on an annualized basis.
Trump called it an 'American economic miracle.'
'We are the economic envy of the entire world,' Trump added, adding the world leaders compliment the U.S. economy when they talk to him.
Trump also hailed a more than $50 billion reduction in the U.S. trade deficit.
(Excerpt) Read more at dailymail.co.uk ...
Watch how the media and the left (excuse the redundancy) turns this into a negative.
I thought that was one of his best pressers, but I wish he had addressed the nation directly to “stay the course.” Due to the lack of fair press coverage, those words (I know it is unspoken) need to be part of the national psyche for the wishy-washy among us.
If the democrats pick up the needed house seats it will be disastrous for the Trump agenda.
sounds like a good hashtag in social media #staythecourse.
Absolutely AMAZING !
The greatest jobs president God ever put on this Earth. Boy, how good it is to have a leader of Trumps magnitude !
Every person loyal to the Republic should drop to their knees every day and thank God for giving us this wonderful, brilliant, irreplaceable leader.
LOL, now the MSM will say “Thank You Obama, for leaving Trump this economic up swing”. “The business of America is business” not free stuff for all paid for by a few. Once the economy is on a roll, the other problems become less of a problem. We can’t have that now can we? s/
2014? I do not recall a hot economy at any point under Obama. Do I misremember?
2014? I’m pretty sure Obama never had a quarter with 3% or higher growth.
I’m sure he will. Patience Grasshopper.
Winning. Not tired yet.
This just in from CNN, the economy failed to expand to 4.5% growth...
I think bozo did have a quarter in 2014 that was higher, but he never had a YEAR greater than 3%.
This growth number is much better than anyone except President Trump thought was possible. Next step, get Republicans in the HOR and US Senate (especially the Senate) on board so our side keeps its majorities in November.
They are sad today.
Poor little angels.
Whats with the market ? Flat. It was predicted it was going to soar.
Trump is such a liar. He said we'd be tired from all this winning.
Why are US equity markets down on the news?
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