Posted on 10/26/2018 12:05:12 PM PDT by E. Pluribus Unum
President Trump will lead the GOP into the elections amid the best first-term economy in three decades.
Real gross domestic product grew at an annualized rate of 3.5 percent in the last quarter, which ran from July through September, the government reported Friday.
The last time a president had such a hot economy heading into the congressional elections in his first term was President Carter in 1978, who was sitting on a 4.1 percent growth rate.
The country was in a recession in 1982, President Reagan’s first midterm, and was barely growing at less than 1 percent for President George H.W. Bush. President Clinton managed a 2.4 percent rate, President George W. Bush oversaw a weaker 1.8 percent and President Obama had a solid 3 percent.
Mr. Trump took office with growth at 1.8 percent his first quarter, then saw it quickly heat up. He’s since posted quarterly growth of 3 percent, 2.8 percent, 2.3 percent, 2.2 percent, 4.2 percent and now 3.5 percent.
(Excerpt) Read more at washingtontimes.com ...
Where is the BS meter when you need it?
I can’t wait to vote President Trump to a second term!
The market is being tanked by programmed sells by Soros, Buffet (yes, Buffet, the Clintonista), Gates, Steyer...no doubt.
This to affect the election. It won’t work.
[ Trump boasts best first-term economy in 3 decades ]
Because......RUSSIAN COLLUSION!!!!
Putin made this happen!!!! /Democrat hair on fire
MSM where are you?
“President Obama had a solid 3 percent.”
Where is the BS meter when you need it?
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Probably meant .3 %
This is why we can’t let the Democrats take the House, they will stop his agenda.
He was handed an overall improved economy and improved upon it.
Oc course, Carter couldn’t resist turning a great situation into a chaotic s#!tstorm.
And so the stock market takes a dump in celebration.
Reagan had 1% growth in his first term, not a record so the article says.
I quit reading it when it said barky had 3%. 3% in 2010? I don’t remember it that way.
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