August 20, 2017

4% Economic Growth; America Wins

Timothy Birdnow

Under President Donald the Fed in Atlanta is predicting third quarter economic growth will be - get this - 4%. Yes, you read that right! Reuters is reporting

http://www.reuters.com/article/us-usa-economy-atlantafed-idUSKBN1AJ2E8

"The U.S. economy is on track to expand at a 4.0 percent annualized pace in the third quarter with inventory investment contributing 1.12 percentage points to growth, the Atlanta Federal Reserve's GDP Now forecast model showed on Thursday.

Last Friday, the government said its first reading on the gross domestic product in the second quarter was a 2.6 percent growth pace, which was 0.2 point below Atlanta Fed's final estimate. "

end excerpt

Under Barack Obama growth averaged 1.48% and the media and other Nevertrumpers said it was impossible.

Amazing what can happen when basic principles are applied and you actually TRY to get the economy going.

Posted by: Timothy Birdnow at 10:14 AM | No Comments | Add Comment
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