Posted on 07/26/2018 2:49:02 PM PDT by Enlightened1
President Trump floated the possibility Thursday that the economy grew at its fastest rate in 15 years in the second quarter of 2018.
Trump said he heard an analyst predict 5.3 percent gross domestic product growth ahead of a Friday morning report from the Commerce Department.
Trump said he personally doubts that growth was so high, but that he believes the figure will be large nonetheless.
"You'll have very big numbers announced tomorrow. I don't know what the they are. A lot of big predictions," Trump told a crowd in Granite City, Ill.
"Whatever those numbers are, watch for them. Somebody predicted today 5.3," Trump said. "I don't think that's going to happen, 5.3. If it has the 4 in front of it, we're happy. If it has like a 3, but its a, a 3.8, 3.9, 3.7, we're OK, but these are unthinkable numbers. If I would have used these numbers during the campaign, the fake news back there would have said, 'He's exaggerating.'"
If GDP growth exceeds 5.2 percent, it would be the highest quarterly growth rate since late 2003, MarketWatch reports. GDP growth hit 5.2 percent in the third quarter of 2014, but during the first five economic quarters of Trump's administration GDP has fluctuated between about 1 percent and slightly more than 3 percent.
(Excerpt) Read more at washingtonexaminer.com ...
The obama policies are kicking in. Yeah, that’s it.
He already knows..........................
The MSM will portray it as, “THE ECONOMY IS GONNA BURN UP! WE’RE ALL GONNA DIE!!!!!!!”........
Oh yeah you know that’s coming....
No one will believe it except the diehards in the media, Academia and Hollywood.
One of the things I like about Trump is the way that he talks like a regular guy.
They will say it’s “overheating” and this means inflation! “We’re doomed”
Total hogwash from the pseudo experts that have been wrong about everything. Whatever they say. Do the opposite.
Overheating = Great Economy
I would like to see a score card by these so called experts on their doom and gloom the sky is falling predictions that never actually happened.
Although it most likely kill almost all their careers. Hence, why we will never see it.
When he is giving speeches or interviews and especially at rallies, you know he would like to cut loose and talk like he does in the real world. I’ve seen him loosen up on that lately. All politicians stick to a written script and read only what is in front of them. Trump is so much better when he just cuts loose.
And the survey says....!
This is a nail-biter, can’t wait.
Same here!
If he said 5.3, then it will be 5.5
“Kudlow says Friday’s GDP number is going to be ‘big’”
https://www.cnbc.com/2018/07/26/kudlow-says-fridays-gdp.html
You are probably correct.
With slow wage growth, rising health care premiums, and skyrocketing gas prices across the country, Donald Trump’s reckless policies are hurting millions of hardworking families. Trump and Republicans in Congress have been so determined to undermine workers that they held a Supreme Court seat hostage for nearly a year in order to nominate an aggressively anti-union justice, who became the deciding vote in last week’s disgraceful decision in the Janus case.Look for another such brilliant ankle-biting yapping from him or Pelosi real soon now.“This is all part of the Republican playbook. For decades, Republicans and their wealthy corporate allies have been chipping away at workers’ rights, weakening unions, and depressing wages – all while giving massive tax cuts to the top 1%. And Janus is their most dangerous attack yet.
“Trump and Republicans in Congress are trying to build a winner-take-all economy that enriches their wealthy friends and saddles working families with the bill. Democrats want to create good-paying jobs and build an economy that works for everyone. And we will continue to stand shoulder-to-shoulder with workers and with our brothers and sisters in the labor movement as they fight for the wages, benefits, and livelihood they deserve.”
If it’s over 3.0 I would be very happy!
5.0 or 5.5% is wow!
And the MSM CNNMSNBCCBSABCFOXCNBCBLOOMBERG will somehow saw it is too high and the problems the U.S. is causing around the world are because PDJT...
And when it comes in a 5.3 or 5.5 all you will hear them say is that the economy is overheating and out of control and that we are all about to die from inflation and interest rates going up.
It’s all just a lucrative game for the chattering classes. Meanwhile, they’re having one Helluva time getting rioters this summer in the cities at $20 a pop...everyone’s got jobs.
Is that you, Don Lemon?
As a bonus, cleaning up after exploding liberal heads would provide a whole new industry for a period of time...
He actually referenced somebody/organization who crunched some numbers, and came up with that 5 figure. He went on to say maybe 4’s he’d be happy with high 3’s. I think he already knows the answer, and it’s somewhere I’d bet in the 4’s.
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