Bullschtein!
There was no ‘economic expansion’ during the 0bama years. If anything the deterioration was covered up with massive debt.
The current expansion is real - decent paying jobs, ultra low unemployment, rise in manufacturing and mining, etc.
So because it is unrevised it is bad?
Unlike the barky years where it was revised down frequently because they cooked the books?
If there are headwinds, they are being created by the globalists. The when the economy slows, the Marxist media can say, “I told you so!”
Your bold text is a shining example of why the media of today is held in such disregard. We really have little journalism today, instead we have mostly spin outlets and press release parrots.
The only headwind is the election of a Democrat congress. Year-over-year same-store sales is at a record high. There’s no bubble in housing. The fed is dumping investments back onto the market at a $450 billion-a-year pace, and still raising interest rates while inflation is almost certain to go negative for the 4th quarter.
Long-run growth potential is said to be 2 percent, but Trump is a bad president because growth is only 3.5 percent in the most recent quarter.
According to libtards, doing the impossible is not good enough for Trump. He must go beyond doing the impossible; he must do the unimaginable.
Hercules had an easier list of things to do.
Those aren’t “headwinds”. That’s all the flatulence from the lying leftwing politicians and their voter fraud schemes!
Let’s get real serious. The good times cannot last forever. Never, ever do. Sooner or later there will be a downturn followed by see-sawing, followed, hopefully, by an upturn.
President Trump has done enough good things for the economy to keep the good time rolling for awhile.
“Gross domestic product increased at a 3.5 percent annualized rate, the Commerce Department said on Wednesday in its second estimate of third-quarter GDP growth. That was unchanged from its estimate in October and WELL ABOVE the economy’s GROWTH POTENTIAL, which [ genius] economists estimate to be about 2 percent.
HOW CAN IT BE “WELL ABOVE ITS OWN POTENTIAL?” It might as well say “The glass took 8 oz of water which is well above its potential of 6 oz.”
.. “the economic expansion that is now in its ninth year and the second longest on record.”
Isn’t strange and Frickin’ AMAZING how a small number of leftist economists thought we were in a “recovery” under Obama with his 10 cents on $100. 00 savings account interest and 6% PLUS unemployment rates while the rest of knew the economy was in the crapper pre-Trump?
For most of the third quarter oil prices were between $68 and $75 per barrel and the Fed jacked the interest rate. That explains a lot!