There is nothing and I mean nothing that the Left, Rhinos, Democrats, Globalist, NFL, Hurricanes, CoC, Big Club, Barry, Soros etc. can do to stop the Economic Train! It is killing them day in and day out because our President on his own has gotten the Economy humming at 3% GDP when all the experts said it would be impossible. Please keep in mind that the Kenyan was the 4th worst President with a combined GDP over his 8 miserable years of 1.55%. Also keep in mind that the same KENYAN was in office for 20 days of the miserable 1st Quarter GDP of 1.2%. Our Lion used that 1st Quarter to begin the implementation of MAGANomics!
From the article linked above:
The U.S. trade deficit fell $1.2 billion to $42.4 billion in August, a net positive for third-quarter (3Q) gross domestic product (GDP). The data beat the median forecast marginally, which called for $42.5 billion.
The deficit with the European Union (EU) decreased $1.2 billion to $10.9 billion in August. Exports increased by $1.4 billion to $24.2 billion, while imports increased $0.2 billion to $35.1 billion.
The politically-sensitive U.S. trade deficit with China fell $2.1 billion to $29.7 billion in August. Exports increased $0.8 billion to $11.6 billion, while imports decreased $1.2 billion to $41.3 billion.
Here is some more great news! All of this is happening on the few deals that our President has negotiated to date. Wait until NAFTA is either renegotiated or gone, deals are cut in our favor with China and South Korea etc. Our President at that point will have our GDP humming at 4% once again on his own!
Even the Hurricanes took a beating when the Economic Train decided to ride by them!
From the article linked above:
The Labor Department said initial jobless claims fell 12,000 to a seasonally adjusted 260,000 for the week ending September 30, as hurricane impact fades. Economists had forecast claims to come in between 260,000 to 300,000, with the median forecast of 265,000.
While Hurricanes Harvey, Irma, and Maria impacted this week’s claims, they already appear to be returning to previous levels. The four-week moving average came in at 268,250, a decrease of 9,500 from the previous week’s unrevised average of 277,750.
The Atlanta Federal Reserve just put out their latest prediction for the 3rd Quarter GDP. The revised it once again up from 2.7% (October 2nd) to 2.8% today.
It is absolutely amazing that even with the three Hurricanes that hit Texas, Louisiana, Florida and Puerto Rico during the 3rd Quarter that our GDP could very easily hit 3% again. You better bet your bottom dollar that the D.C. Bubble is in complete shock! This truly will be the MOAB that totally destroys their RESISTANCE! Not a single one of those POS can take an ounce of credit for our Economy!
The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2017 is 2.8 percent on October 5, up from 2.7 percent on October 2. The forecast of third-quarter real consumer spending growth increased from 2.3 percent to 2.5 percent after yesterday’s light vehicle sales release from the U.S. Bureau of Economic Analysis (BEA)