The economy grew at a much faster pace than expected in the final months of 2src23, the Bureau of Economic Analysis said Thursday, boosted by robust consumer spending and ballooning government budgets. Gross domestic product, the government’s broadest scorecard for the economy, rose at an inflation-adjusted 3.3 percent annual pace in the fourth quarter. Economists
Newt Gingrich: Trump’s GDP achieves Mission Impossible (and shocks his critics)
August 1, 2018 by
Early in his presidency, when Donald Trump said U.S. gross domestic product (GDP) would exceed 3 percent growth, the supposed experts in the mainstream media claimed such growth would most likely be impossible. In fact, the experts claimed unemployment would have to reach zero percent and immigration would have to double to meet such a […]
FLASHBACK: Democrats and Liberal Elites Said Trump ‘Was Dreaming’ If He Thinks He Can Get More than 3.0% GDP Growth.
July 27, 2018 by
Democrat elites said President Trump’s policies would throw the US into recession. They said a 4.0% GDP rate was impossible. It was a thing of the past. Hillary Clinton: “Trump’s policies would throw us into a recession, the last thing we need.” Barack Obama: “What magic wand do you have? And usually, the answer is […]
CHECK THIS OUT=> Yesterday’s GDP Reported by US BEA More Than One Point Below Predictions at 2.6% …Is BEA Deep State Too?
January 27, 2018 by
As we noted in December Barack Obama was arguably the worst economic President since 1949 and probably ever. Barack Obama was the only President to have not had even one year of 3% GDP growth. Here is the complete list of average annual real GDP growth by postwar president (in descending order): Johnson (1964-68), 5.3% […]
President Trump’s 1st Year in Office an ECONOMIC MIRACLE: All Time Stock Market Highs – Most Jobs in History – Highest GDP Ever.
December 31, 2017 by
President Trump’s first year was Historic! Never before has a President done so much for the economy. The stock market is at an all time high, there are more people working than ever before and the nation’s GDP has never been higher. Never before has a first year President done so much for the economy! […]
GREAT: GDP Revised Up to 3.3%…
November 30, 2017 by
U.S. Third-Quarter Growth Revised to Three-Year High of 3.3% The U.S. economy’s growth rate last quarter was revised upward to the fastest in three years on stronger investment from businesses and government agencies than previously estimated, Commerce Department data showed Wednesday. Highlights of Third-Quarter GDP (Second Estimate) Gross domestic product grew at a 3.3% […]
President Trump Accomplishes the Impossible: Reduces Debt to GDP Ratio by 1% His First Year in Office.
November 18, 2017 by
President Trump’s policies have decreased the Debt to GDP ratio by 1% while at the same time the Atlanta Fed announced yesterday that the 4th Quarter GDP estimates have increased by 0.2% to 3.4%. Since his inauguration President Trump has focused his efforts on the security of the country and on the prosperity of its […]
US revised second-quarter GDP up 3.0% vs 2.7% rise expected
August 31, 2017 by
Q2 GDP (revised) up 3.0% vs. 2.8% est. from CNBC. The U.S. economy grew faster than initially thought in the second quarter, notching its quickest pace in more than two years, and there are signs that the momentum was sustained at the start of the third quarter. Gross domestic product increased at a 3.0 percent […]
SIMPLY THE WORST=> Obama is First President Ever to Not See Single Year of 3% GDP Growth
April 28, 2016 by
The rate of real economic growth is the single greatest determinate of both America’s strength as a nation and the well-being of the American people. On Thursday the Commerce Department announced that the US economy expanded at the slowest pace in two years. GDP growth rose at an anemic 0.5% rate after a paltry 1.4% […]
Chinese Economy Facing Collapse: New Report Indicates up to One-Half GDP Growth Rooted in Theft and Fraud
August 24, 2015 by
FRIDAY HARBOR, WA–(Marketwired – August 18, 2015) – A study just completed by the INVNT/IP Global Consortium suggests that China is experiencing a serious episode of domestic economic collapse, with up to 50% of GDP growth rates reported over the last three decades derived directly from the theft of intellectual property and fraudulent practices around […]