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US Economy under POTUS Donald Trump |

Published in Bulgaria - Financial analysis - 6 - 30 Jul 19 15:46

https://lh3.googleusercontent.com/ePZqS81Cn0e0QyKoE7YQR2aOG3P-YefSop2pw837MfDX5HVL6IpoMGgVCADz4fWG_ViNqGWAXu9W9bhPaO7xfj8zAyIiLU-Z44pHaebd-7zskSLcyGyN9QjBi9RnXA9KQbHQ8bnk


President Donald Trump is more than 29 months into an administration engulfed in so much controversy, bullsht, witch hunt, liberal tears, and so and so forth that it may overshadow a tremendous achievement, namely an economic boom uniquely his.
During his time in office, the economy has achieved feats most experts thought impossible. GDP is growing at a 3 percent-plus rate. The unemployment rate is near a 50-year low. Meanwhile, the stock market has jumped 27 percent amid a surge in corporate profits.
Friday brought another round of good news: Nonfarm payrolls rose by a better-than-expected 201,000 and wages, the last missing piece of the economic recovery, increased by 2.9 percent year over year to the highest level since April 2009. That made it the best gain since the recession ended in June 2009.
Even Trumps critics acknowledge that the current numbers are a uniquely Trumpian achievement and not owed to policies already set in motion when he took office.
“I still believe the big story this year is an economic boom that most folks thought impossible,” Larry Kudlow, director of the National Economic Council and a chief advisor to Trump, said in a recent interview. “I understand that he’s been in for two years, but when you look at those numbers, this is not going away.”


https://lh6.googleusercontent.com/InJLSLwmQ46sVbVnfywvZ_5l3EaUpHt3X6lYc7NHqmgPHvFhH4CBooxPEDF9uIye6ZO5bq4szT73Yu_A3mNOe04pkprZJaOzcIEH4da8XnENRzkuF1kFwinZIIvayY4mIAKaMBAN


Trump’s economic achievements
Business confidence is soaring, in part thanks to a softer regulatory environment. Consumer sentiment by one measure is at its highest level in 18 years. Corporate profits, owed in good part to last year’s tax cuts, are coming close to setting records.

Each of those accomplishments can be tied either directly to new policies or at least indirectly through a brimming sense of hope from businesses that the White House is back on their side.
“When you look at those confidence indexes, they’re telling you something,” Kudlow said. “His attitude is, we’re not punishing business, we’re not punishing success, we want to make things easier to do business and to hire, and I think it’s had a very positive effect and a very palpable effect.”
GDP most recently gained 4.2 percent in the second quarter, the best performance in nearly four years.


https://lh4.googleusercontent.com/XEDkUINB_Y9sKz9MKuYGgv73Yt-ex_EaT_ZU2oLT4fT5NICxNlv47f3M4OOu2dArq6QaJdTmmiR26zmFYyLVoeLe5vm0bY0Ke2JrIPepGoN4T6mOj3EkHgBQL8ZxzhRiut-GIA4B

https://lh4.googleusercontent.com/3ORTknP3stUqDRQIaaHvUuMqSrY_JglqekjWlEkXaEjqlNWhIy9j026LX-Og1Oa6lvMakRJnXTvTB8b-NEYtwchSBXT1esuFGf-3dzj63rc6j0VDgkFEVDYpr00AddlqPUASVbYZ


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Comments (6)

30 Jul 19 15:48
Elon Musk

US Economy under POTUS Donald Trump https://www.edominations.com/en/article/10803

30 Jul 19 16:03
Profesora

liberal tears XDDD

31 Jul 19 14:31
El Greco

Go home. You r drunk

31 Jul 19 21:57
observer

liberal tatars * xD

31 Jul 19 23:30
Elon Musk

facepalm

01 Aug 19 15:04
happysnowerpanda

Jebem ti mater u prljavu bugarsku picku ! Jesi cuo cigance , ne okupano