90 Miles From Tyranny : GDP: 4.1 % - Trump: 'We're going to go a lot higher' than 4.1% GDP growth

Friday, July 27, 2018

GDP: 4.1 % - Trump: 'We're going to go a lot higher' than 4.1% GDP growth

  • "We're going to go a lot higher than these numbers, and these are great numbers," the president said.
  • Earlier Friday the government announced that the economy grew in the second quarter at the fastest pace in nearly four years. The nation's GDP grew 4.1 percent, in line with estimates.
  • Trump had previewed the economic data on Thursday, during a speech in Illinois. Trump said of the indicator, "If it has a 4 in front of it, we're happy."

President Donald Trump pitched his economic record to voters Friday, boasting that strong numbers released earlier in the morning were "sustainable" and blasting Democrats for wanting to "raise everybody's taxes."

"We're going to go a lot higher," Trump said, referring to the report that showed a 4.1 percent rise in gross domestic product during the second quarter. It was the highest quarterly jump in nearly four years.

During a speech on the White House South Lawn, he predicted that the country was on track for its highest annual growth rate in over 13 years.


"As the trade deals come in one by one, we're going to go a lot higher than these numbers, and these are great numbers," he said.

The president also championed the GOP tax overhaul passed late last year, saying that "as a result, more than 6 million Americans are enjoying new bonuses, better jobs, and far better paychecks." The president said that Democrats' efforts to turn back the tax cuts would be a "disaster for our economy."

"As you know, the Democrats want to end that and raise everybody's taxes," Trump said, referring to...Read More HERE

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