MAGA: Major Economic GROWTH Projected

  • 2018-02-01
  • Source: TTN
  • by: Donny Bomenabori
MAGA: Major Economic GROWTH Projected

Democrats can't keep a good economy down, as the Atlanta Fed is forecasting a 5.4% growth in the first quarter of 2018. Democrats said this wouldn't happen.
If this happens, it will have outperformed Obama's best quarter, which came in at 5.2% in the third quarter of 2014. To think Paul Krugman, Nobel prize-winning economist and columnists for the New York Times said Trump would cause a market collapse. 
"Real consumer spending jumped from 3.1 percent to 4 percent amid a sharp savings drawdown, and private fixed-investment growth surged from 5.2 percent to 9.2 percent." according to CNBC. The last report came in below expectations at 2.6%, mainly because of depleted inventories and increased imports. 
President Trump said he could bring America back into 3-6% growth, and the media and Democrats scoffed collectively. The Trump economy keeps outperforming those scoffs, as tax cuts and deregulation work their magic.

[RELATED: Trump's Supreme Court Pick Digs In For A Major Battle]

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 Source: TTN

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