Magnificent President Trump Leads US Economy To 3.2% Growth Rate In First Quarter

[White_MAGA_Man]

Incredible! Trump keeps the economy rolling the Democrats don’t even stand a chance no matter who their nominee is.


US economy grows by 3.2% in the first quarter, topping expectations

U.S. economy grows 3.2% in the first quarter, well above estimates

 

[kyzr]

Let's hope that the working folks notice that their 401k's are tracking upward at a very good clip. As long as the Fed doesn't raise rates too fast the boom should keep going.
Don't celebrate too much, the Debt and Budget Deficit will bite Trump in the ass eventually. Trump and Congress need to balance the budget sooner rather than later. Here are the agenda items that I would like to see addressed:
1. Fix Medicare, and NOT by adding "single payer healthcare", here are a few suggestions, or its insolvent in 2026
7 Ways to Fix Medicare -- The Motley Fool
2. Fix Social Security, or its insolvent in 2034
20 Ways to Fix Social Security, From the Logical to the Absolutely Insane -- The Motley Fool
3. Raise the top tax rate, add a stock transaction tax, add a "remittance tax" on money sent out of the US, to reduce the Budget Deficit
4. Have another "Grace Commission" to study and eliminate waste in Federal spending
The Grace Commission - Wikipedia
5. Increase the gas tax to pay for Infrastructure spending
6. If needed to balance the budget, add a Federal sales tax

If we don't address the Debt and Budget Deficit the cheering will be short lived, because the economic system will collapse due to the Debt interest exploding and crowding out other spending. Are we going to be the "grasshoppers" or the "ants"?

 

[Harpy Eagle]

Incredible! Trump keeps the economy rolling the Democrats don’t even stand a chance no matter who their nominee is.


US economy grows by 3.2% in the first quarter, topping expectations

U.S. economy grows 3.2% in the first quarter, well above estimates

Good news indeed. Let's hope the markets respond accordingly, they need something to get them out of the stagnation.

 

[White_MAGA_Man]

More!

Economy "Unexpectedly" Grew at 3.2% Clip in First Quarter Boosted by SHRINKING TRADE GAP