Abracadabra!

https://theconservativetreehouse.com/2018/07/27/bea-estimates-quarter-2-gdp-growth-4-1-q1-revised-upward-2-2-growth-in-exports-u-s-investment/

QuoteAdditionally, financial media are trying to downplay the exceptional results by saying business bought material in advance of tariffs. This is FALSE. This is not even remotely true.

Net domestic inventories DROPPED by $6 billion. [Page 22, Table 3a, Line 40] There was no inventory buildup. Exactly the opposite is true. Inventories are lower/depleted.... this means future growth is forecast; ie. replenishment needed.

Current-dollar GDP increased 7.4 percent, or $361.5 billion, in the second quarter to a level of $20.4 trillion. In the first quarter, current-dollar GDP increased 4.3 percent, or $209.2 billion (table 1 and table 3A).

This means our overall U.S. economy is now EXCEEDING $20 TRILLION !!

My money is on it hitting 5 before years end.

Waituntil the new trade deal with Europe kicks in.....

http://dailycaller.com/2018/07/27/economic-experts-trump-gdp-growth/

Quote from: Billy's bayonet on July 27, 2018, 04:37:36 PM
Waituntil the new trade deal with Europe kicks in.....

He has Merkel by the balls.  They're ramping up soybean and NG imports just to keep the talks going....

https://www.youtube.com/watch?v=3RFiyqDAeO8

The left and media are gonna lose their minds completely when this goes on for 2-3-4 years, even bigger #'s.  They may even have to concede that pretending it away does indeed look too stupid, to keep doing it.

Trump's 2020 slogan:    Mondale +++ ......... 50 States !

Remember when the left called Trump a dreamer when he said we'd have 4% growth?

Trump promises 4% growth. Economists say no way.


Donald Trump has a big promise for the U.S. economy: 4% growth.
No chance, say 11 economists surveyed by CNNMoney. And a paper published Tuesday by the Federal Reserve Bank of San Francisco backs them up.

"No, pigs do not fly," says Robert Brusca, senior economist at FAO Economics, a research firm. "Donald Trump is dreaming."

The Republican presidential nominee made the promise in a speech in New York in September. "I believe it's time to establish a national goal of reaching 4% economic growth," he said.

Since the Great Recession, growth has averaged 2%. Brusca and the other economists surveyed say that 4% growth is impossible, or at least highly unlikely. The reasons: Unemployment is already really low, lots of Baby Boomers are retiring, and there are far fewer manufacturing jobs today than in past decades.

Trump's team says it will get to 4% growth with tax cuts, better trade deals and more manufacturing jobs.

So what's realistic? The San Francisco Fed estimates the "new normal" for annual economic growth to be 1.5% to 1.75%. That's far lower than the period from World War II to 2004, when growth typically hovered between 3% and 4%.

https://money.cnn.com/2016/10/11/news/economy/trump-four-percent-growth-economists/index.html

Quote from: taxed on July 27, 2018, 05:32:41 PM


He has Merkel by the balls.  They're ramping up soybean and NG imports just to keep the talks going....

-----------------------------------------------
A revolt is rapidly gaining strength among the political partners
of the Christian Democrats, who keep the latter in power.
They want pant-leg out
Betting here is she's gone well before Christmas!!!