One Man On A Mission Is MAGA! Our President Is Single Handedly Carrying Our Economy Forward…………

We are two days away from the initial release of the 3rd Quarter GDP. The Atlanta Federal Reserve came out today with their prediction. It remains at 2.7%. They will be updating it one last time tomorrow. Good News! We may just see an uptick in their prediction. The reason being is the following that just came out:

https://www.peoplespunditdaily.com/news/economy/2017/10/25/new-home-sales-skyrocket-september/

From the article linked above:

The U.S. Census Bureau said Wednesday new home sales skyrocketed 18.9% to a seasonally adjusted annual rate of 667,000 in September, the largest gain in 28 years. It’s 17.0% (±22.4%)* higher than the September 2016 estimate of 570,000.

Worth noting, new home sales in the South for the month of September surged 26% to a seasonally adjusted annual rate of 405,000. Sales in the three other regions also rose, led by a 33% gain in the Northeast to a seasonally adjusted annual rate of 48,000 and an 11% gain in the Midwest to a seasonally adjusted annual rate of 73,000. Sales in the West rose 2.9% to 141,000.

gdpnow-forecast-evolution.gif

The mere fact that the 3rd Quarter will be as close if not at 3% GDP will be earthshaking in D.C. How the hell could it be even greater than 2% when you think about how devastating Hurricane Harvey, Irma and Maria were for the millions of people effected by it.

The Economic Train was sitting idle for the last 8 years collecting dust! Our President has provided the FUEL to make it run at full steam.

DMXrXbaUMAEmJ7p.jpg

I had to laugh my ass off when I read Paul Ryan is pushing the Tax Reform Bill so that the country can get back to 3% GDP! Mr. Ryan is living in la la land because our Lion has the country humming at 3% without Tax reform, Obamacare Repeal and Replace etc. Once NAFTA is thrown out and new bilateral deals are negotiated with China, South Korea, Mexico, Canada etc. the President will have the country humming at 4%+ all on his own. Don’t let these POS Republicans take any credit if Tax Reform is passed. The only way they can take credit is if our GDP hits 5% to 6%+ each Quarter.

http://www.washingtonexaminer.com/paul-ryan-gop-moving-with-urgency-on-tax-plan-in-pursuit-of-3-percent-growth/article/2638554

From the article linked above:

House Speaker Paul Ryan, R-Wis., said Wednesday that the GOP is pushing for passage of a tax reform bill this year in order to reignite U.S. economic growth, and deliver that growth to people in the middle class.

“I think yes, we can do it this fast,” he said at a discussion in Washington hosted by Reuters. “It’s better for the economy to do it this fast. The reason we’re trying to do it with this timeline is, we want to get a 3 percent economy.”

“We’re sort of limping along, growing between 1 and 2 percent, and that is so far underneath our potential as a country,” he added.

 

4 thoughts on “One Man On A Mission Is MAGA! Our President Is Single Handedly Carrying Our Economy Forward…………

  1. I had to laugh my ass off when I read Paul Ryan is pushing the Tax Reform Bill so that the country can get back to 3% GDP!

    Cynical alternate interpretation. Perhaps Paul Ryno wants to make sure we get back DOWN to 3% growth in GDP. The worm wouldn’t want us to grow too fast, now, would he?

    Liked by 1 person

  2. I am never going to give that weasel any credit except BAD credit. As John Houseman so eloquently stated “He earned it.” He needs to be taken out with the other trash in the Republican Party.

    Liked by 1 person

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