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To: Red Badger
The uptick in estimates of second quarter spending by companies was sure to comfort President Donald Trump and supporters of December's sweeping corporate tax cuts who argue that lowering corporations' tax burdens will spur investment and growth.

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.

6 posted on 08/29/2018 10:59:10 AM PDT by ProtectOurFreedom
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To: ProtectOurFreedom

Econo-MISSEDs...............


8 posted on 08/29/2018 11:03:16 AM PDT by Red Badger (July 2018 - the month the world learns the TRUTH......Q Anon.......Timelines change. Aug 16)
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