71. "Pence and other Trump enthusiasts can point to increasing macroeconomic growth. Growth rose 4.1 percent in the second quarter and is up more than 3 percent for the year. Unemployment was down to 3.9 percent in July. The S&P 500 stock index is up 6 percent since the Trump presidency, while the rest of the world's stock markets are down 6 percent. These are numbers any recent administration would boast about.
More notable are positive trends among subgroups that weren't doing so well before Trump took office. Former Obama administration chief economic adviser Jason Furman, writing for Vox, notes that in the past three years "recent wage growth ... at the low end of the wage scale" is stronger than growth among the higher-paid. Similarly, Bloomberg columnist and portfolio manager Conor Sen makes the point that job growth has been greatest among "goods-producing workers and the least-educated workers."
Michael Barone - Has Trump Delivered on His Economic Promises?
72. “
Atlanta Fed predicts 5% jump in economic growth for third quarter The central bank district estimates that GDP will increase 5 percent for the July-to-September period, according to an update posted Wednesday.
If the forecast is accurate, it will come on top of a strong 4.1 percent second quarter…”
Atlanta Fed predicts 5% jump in economic growth for third quarter
Obama lookin' worse and worse.....