There is an economic principle about deferred spending exploding at the beginning of an upturn, which makes the beginning of an upturn really strong. There are elements of that in the GDP numbers, but there’s more to it this time. It’s not just that there was a downturn in the normal cycle, but that America was becoming a place to remove capital, not invest it. Trump reversed that, and that would also cause GDP to rise substantially.
Agree.
I would also add this current boomage is testament to the resiliency of Americans and of the American spirit. Both were so crapped on and constrained during Barko’s insurgency. Once they saw a relief point after so much pressure building...namely Trump being elected... the gusher commenced. It’s really that basic: WE being US in spite of wankers attempting otherwise.
Times are good and gonna be better. Am going to drastically change careers despite my rather senior years just because I can, and DJT has my back.
And in the same vein...a nephew just graduated from Great Lakes Naval Training Academy. What a great time to become a sailor! DJT has his back and all the other marvelous recruits that that passed through on 9/7.