The Red Meat Trump Should Throw

President Trump is always throwing red meat to his supporters when things are looking dismal for his admin……the latest is the “take a knee” thing…..it is part of the “Trump Two Step:  A Political Tango”……

Instead of making up news and situation that has everyone scratching there heads why not throw the country “real” stats and figures?

Like the news from yesterday…..

The US economy grew at an upgraded annual rate of 3.1% in the spring, the fastest pace in more than two years. But growth is expected to slow sharply this quarter in the wake of a string of devastating hurricanes, per the AP. The April-June expansion in the gross domestic product—the economy’s total output of goods and services—is up slightly from a 3% estimate made a month ago, the Commerce Department reported Thursday. It is the strongest performance since the economy grew at a 3.2% pace in the first quarter of 2015. The upward revision reflected larger farm stockpiles.

The year started with a lackluster 1.2% gain in the first quarter. Economists believe growth has slowed again to around 2% in the current quarter. The revised figure was the government’s third and final look at GDP for the April-June period, and left GDP rising at an average 2% pace over the first six months of the year. That matches the lackluster average annual growth rates seen since the recovery from the Great Recession began in mid-2009. Economists at Macroeconomic Advisers believe that growth in the current quarter could tumble by as much as 1.2 percentage points due to hurricanes Harvey, Irma, and Maria. But analysts think the initial losses to GDP will be made up in subsequent quarters as rebuilding gets underway.

This is good news that the country would love to hear…..

This may be a short-lived story but it is good news and he could be making his case for the economy….instead all this push and shoving on Twitter.

Why make up a story when there is a good news story staring him in the face?

 

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2 thoughts on “The Red Meat Trump Should Throw

  1. As it is reported here, the US economy is indeed flourishing, it seems. Despite all the negative stuff about your administration, the country is doing well. By contrast, we face interest rate rises here, and a curb on borrowing.
    Best wishes, Pete.

    1. This will change next month when all the effects of the hurricanes are known…but for now it is good news he should be thumping his chest about….chuq

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