Monday, July 30, 2018

GDP growth touted as “historic” by Trump is anything but


We've accomplished an economic turnaround of historic proportions," Mr. Trump remarked Friday at the White House shortly after the Commerce Department released its GDP report.
In fact, Mr. Trump didn't inherit a fixer-upper economy.
The U.S. economy just entered its 10th year of growth, a recovery that began under President Barack Obama, who inherited the Great Recession. The data show that the falling unemployment rate and gains in home values reflect the duration of the recovery, rather than any major changes made since 2017 by the Trump administration.
While Mr. Trump praised the 4.1 percent annual growth rate in the second quarter, the economy exceeded that level four times during the Obama presidency: in 2009, 2011 and twice in 2014.
In purely numerical terms, a larger shift took place in the second quarter of 2014, when the economy went from contracting by 1 percent to growing at a rate of 5.1 percent


  1. Thank you Mr. President for jumpstarting the moral economy. Resistance to degeneracy is on the uptick. And a country that stands with G-d will be blessed with prosperity. You have done more for this country and its people than you can imagine.

  2. excuse me what is Trump's stand on your moral issues

  3. He made an executive order, explained in the article linked herein:


please use either your real name or a pseudonym.