GOOD NEWS: Report Says Economy Exploding Under the Leadership of President Trump
Liberals across the country have spent the last two years begging on their knees for something, anything, that would destroy the Trump administration and remove him from office, looking under every stone that comes across their path.
Unfortunately for them, they haven’t found a single thing. And to top it all off, the president is actually having great success in running the country.
In fact, a new report states the economy is exploding in the second quarter of 2018 with the gross domestic product soaring 4.1 percent, which is almost double what it was during the first quarter. Pretty amazing, right?
The booming rate is the highest since the third quarter of 2014 and just the third-highest since the Great Recession began in 2008. The running four-quarter average is 3.1%, considered by economists to be a very strong number.
In Q2 of 2018, consumer spending grew 4%, while nonresidential business investment jumped 7.3%, both also considered strong numbers.Trending:
Trump took a victory lap on the White House’s South Lawn, telling reporters that the high numbers are “sustainable.”
“We’re going to go a lot higher,” Trump said. “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. …Advertisement - story continues below
“We’ve accomplished an economic turnaround of historic proportions,” Trump said. “Once again, we are the economic envy of the entire world.”
So what exactly has Trump done that seems to be working so well? A lot of economic experts think a lot of the growth we’re experiencing is due to the president’s tax cuts. These cuts have led to both businesses and consumers dropping big bucks in the market once again, which has stimulated job growth and shrunk unemployment to an 18-year low.
The tax cuts helped reduce the cost of running a business allowing company owners to provide massive bonuses to their employees while also expanding their business and creating new jobs, putting more Americans back to work.
This is definitely good news for us and points toward good things coming down the pipe for the future. We just need to hang in there and allow President Trump to keep doing his thing.
Source: Daily Wire