Unlike between 2009-2016, where “unexpected” numbers were continually revised down.
This is where our criminal media is really acting egregiously. An economy like this means great things for so many Americans in every socioeconomic stratum. However, they’re so busy wanting to bust our POTUS, they are downplaying how great the news is repeatedly.
If this was under Obozo, the banner headlines would scream “Obama Economy on FIRE” coast-to-coast.
What a stupid statement. It's not about "comforting" President Trump or us. It's about restoring America to its normal role as an economic powerhouse and leader of the free world.
Many economists view the second quarter growth as a blip, juiced by one-off factors unlikely to be sustainable....Economists also warn there are signs momentum slowed at the end of the third quarter, with tariff battles cutting into exports...The effects of the tax cuts and recent stimulus are expected to begin waning soon...
The author obviously wasn't alive when Reagan's fixes for the horrendous Carter economy unleashed 20 years of prosperity. The author continues to expose himself as an economic ignoramus. They all think it'll be nothing more than a one quarter blip and we will revert to the Obama doldrums that Obama insisted were the "new normal" and we would never, ever see 3% growth again.
I’m sure 0bama or someone in his regime would like to comment on this...
No?
Not wanting to comment because...? Baraq?
Is it because the Intell IG found out the Chicoms hacked her (Cankles) unsecured server?
Lock her up.
5.56mm
First they announce a number. A month later they announce an adjustment. If the media doesn’t like the adjustment, they don’t report it. You can bet that if the number had been revised down to 4.05, we would be hearing all about it, 24/7.
Did the economy grow at an annual rate of 4.2% this quarter (likely) or did it grow 4.2% this quarter? Who writes and who proofreads this stuff?