The entire nation is stunned, as well they should be. Donald Trump, a political outsider by all accounts, is pushing our nation to economic feats the likes of which we haven’t seen in modern history.
This isn’t entirely unexpected, given that The Donald’s business acumen has been well documented throughout his career as a multinational real estate developer, but the extent of the successes that we’ve seen have been truly extraordinary.
In the stock market, we are witnessing unprecedented heights in relation to some of the key indicators of national wealth…something that the President has no qualms with patting himself on the back for, and for good reason. Trump’s emphasis on the “America First” model of manufacturing and employment has led to a number of major corporations finding their way back to the ingenious American workforce.
Furthermore, the Trump tax cut plan has boosted the economy again, laying the groundwork for a smooth and powerful transition into prosperity for a great many Americans.
And, now, the numbers are in for America’s gross domestic product. No surprise here…
The U.S. economy grew by 4.1 percent in the second quarter of 2018, marking the fastest economic expansion in nearly four years, according to a highly anticipated estimate released Friday by the Commerce Department.
President Trump touted the “amazing” growth during remarks at the White House shortly after the report’s release, cheering a shrinking trade deficit and claiming the country is on track to hit the highest annual growth rate in over 13 years.
“We’ve accomplished an economic turnaround of historic proportions,” Trump declared. “Once again, we are the economic envy of the entire world.”
The White House pointed to the gross domestic product (GDP) numbers, considered an official economic scorecard, as a strong indication that its tax cuts, commitment to deregulation and tough trade policies have paid off. The GDP broadly reflects the goods and services produced in the country.
The CEO-in-Chief strikes again, leaving all of his “haters” and detractors in the dust….and on a pay day, no less.
Who’s joining me for cold oat sodas later to celebrate?