The U.S. economy is defying dire predictions of a slowdown this year with growth strengthening, wages rising, unemployment falling and markets rocking to new highs. It should be an incumbent president’s dream and a nightmare for those trying to replace him.Despite occasional efforts to change the subject and boast about the economy, he can’t escape the shadow of the Mueller report. Congressional Democrats keep peppering his administration with subpoenas and chattering about impeachment.
Overseas, Britain does not appear in imminent danger of crashing out of the European Union and the China slowdown does not seem as bad as some economists feared.Sign Up Should an economic fade happen, Trump’s best ticket to reelection could vanish. “If you are someone who works in politics, you are going to want to scream about the top line on first-quarter growth and privately worry that it may not look so good when the next quarter comes around,” said Joseph Brusuelas, chief economist at RSM US.
“When it comes to voters looking at their presidential choice through the lens of the economy, it does become very centered on the president and his performance,” said Kevin Madden, who served as a top aide to GOP nominee Mitt Romney in 2012. “They don’t really get into complicated issues of whether the Fed did something on interest rates.”
Well, you can report the truth ! Only when you must! 3.2 !! Amazing!!
But he will ruin it when he causes the healthcare industry to implode.
Can someone please explain how this is happening? I would never expect so much ugly, unethical, incompetent, childish turmoil at the highest levels of gov't to permit any sort of economic stability, much less advancement. Yet it does.
401K is up. Taxes are down. Income is up. Unemployment down. Looking good!
Fraudulently misleading headline! Use more specific term than economy and say where it grew. Not all growth is the same, nor good for the country. Also, I wonder to whom those gains go?......crickets.
I question the veracity of any figures coming from Trump admin or any affiliated governmental agency until we purge the country of all criminal MAGA who have now infiltrated every level of our government in DC and many states.
When will economists or someone with cred tell the gullible that Presidents have little ability to affect the overall economy of the U.S. for good or ill. DerangedDonald didn't create the booming economy and he probably can't hurt it much either as long as the Fed ignores him.
Drumpf and the GOP have proven that stripping regulations that protect the planet and workers safe from injury plus big tax cuts for the rich to buy back stock for their companies pumps up the market. The payoff for this stuff is coming in 2019.
Please tell me what financial policies he installed to make economy react the way it’s performing. Put in motion by Obama who got us out of difficult economic period. Trump wouldn’t know where to begin, unless it benefited his Company. Release his taxes. Vote him out.
Wait until next quarter!!
I'm sure that numbers being applied to our Growing National Debt right. You know,that thing that was all the Rage during the Tea Bagger panic.
lsg_321, How they're measuring the 'good' economy?, by the investment on the stock market made by 1% of the multi-billionaires that received a big share of the 'Tax cut' Scam? Just asking.
State and local spending is up driving this figure higher. State and local spending winds up costing taxpayers and consumers more. When you play numbers games, like this President does, the uninformed get the idea things are really doing better than they are.
America so great
Trump wins again
Better for who? Let’s not forget about this growing deficit nobody seems to want to talk about. Or the fact that Americans aren’t seeing larger paychecks. It’s all a house or cards that will crash in the not so distant future.
Wages falling, no universal healthcare yet continues to cut gut ACA, tax cuts that only went to the top 1%, we are still in 2019 waging war in the Middle East. Is sucking Saudi Arabia’s cock on a daily basis. No action done on climate change. This guy is a disgrace
Doesn't matter how well the economy looks, we have lost the sole of this nation, we are full of hate and division and have no common path to get back on track.
Thugs cook the books. Just saying 🤷
Thank you Donald Trump. Your war on trade, tax cuts and deregulating the Obama era regulations have lead to a great economy. Any person with a brain could see this.
Given the sheer amount of bankruptcies trump has filed for, I have zero faith America is not cruising up a “short-term success” hill only to free fall into another huge recession within 2 years.
You had to throw the word ugly in there to show your hate for the Presidents good work what a shame
How did he defy doubters? Not his economy.