- Mar 11, 2015
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They made a decision based on feelings. These are the facts: Tuesday night while we were voting, Inflation was 2.1 percent. Trump sabotaged a border bill that allowed the probem to continue and our economy is number 1 in the world.They made a decision based on how terrible inflation, the economy is, and illegals flowing in by the tens of millions.
The Next President Inherits a Remarkable Economy
Whoever wins the White House next week will take office with no shortage of challenges, but at least one huge asset: an economy that is putting its peers to shame.With another solid performance in the third quarter, the U.S. has grown 2.7% over the past year. It is outrunning every other major developed economy, not to mention its own historical growth rate.
More impressive than the rate of growth is its quality. This growth didn’t come solely from using up finite supplies of labor and other resources, which could fuel inflation. Instead, it came from making people and businesses more productive.
This combination, if sustained, will be a wind at the back of the next president. Three of the past four newcomers to the White House took office in or around a recession (the exception was Donald Trump, in 2017), which consumed much of their first-term agenda. The next president should be free of that burden.
America has made a mistake.