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Opinion

Trump's Economy Hits Milestone, Grows At Fastest Pace Ever In Third Quarter — Details

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The naysayers will say President Trump’s policies in no way contributed to this climb. They’d be wrong, obviously. But they would still say it — and they’d believe it!

Check this out, via CNBC:

Coming off the worst quarter in history, the U.S. economy grew at its fastest pace ever in the third quarter as a nation battered by an unprecedented pandemic started to put itself back together, the Commerce Department reported Thursday.

Third-quarter gross domestic product, a measure of the total goods and services produced in the July-to-September period, expanded at a 33.1% annualized pace, according to the department’s initial estimate for the period.

The gain came after a 31.4% plunge in the second quarter and was better than the 32% estimate from economists surveyed by Dow Jones. The previous post-World War II record was the 16.7% burst in the first quarter of 1950.

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Here are Trump’s thoughts…

https://twitter.com/realDonaldTrump/status/1321812933135994881?%7Ctwcamp%5Etweetembed%7Ctwterm%5E1321812933135994881%7Ctwgr%5Eshare_3&ref_url=https%3A%2F%2Fwww.cnbc.com%2F2020%2F10%2F29%2Fus-gdp-report-third-quarter-2020.html

And Joe Biden’s…

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About the Author:
John Salvatore has been a Writer and Editor of multiple political blogs since early 2015. He earned his Master’s degree in Public Administration upon completion of a Bachelor’s degree in Political Science. A diehard Los Angeles Dodgers fan, John can be reached at [email protected].




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