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Hold the Champaign

7/29/2018

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President Trump and his fellow Republicans are jubilant over the 4.1% growth in GDP last quarter. It is certainly good news but I suggest they hold the Champaign. These numbers bounce around quite a bit and are subject to revision. President Obama had several quarters that were even higher. It will take time to see what is really happening with the economy.
Any president would take credit for a good quarter. Last quarter saw an anemic 2.2% growth. Was he responsible for that too?
I do think we are in a period of higher growth. Certainly, the tax cut and regulatory reform will have some impact. His trade war will help some industries and hurt others. The biggest factor is a renewed sense of optimism. He can certainly take some credit for it. We no longer have an administration that demonizes business, emphasizes social issues over economic issues and doesn’t speak for the average family just trying to get by.
Let’s see where things are in a year and then pop the cork.  
​
2 Comments
https://dltutuapp.com/tutuapp-download/ link
11/29/2022 01:43:46 am

It’s hard for two people to be friends and not ever let one another down. But, betrayals shouldn’t be standard in the relationship.[1]X

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https://kodi.software/ link
11/29/2022 01:44:10 am

Friends are typically loyal to one another, meaning that you shouldn’t reflect back to countless occasions when they have betrayed you, and vice versa.

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    Hi! My name is Dave. I'm in my 60s and live in Indiana. I'll write about whatever is on my mind but most posts will be political. I'm a centrist who thinks both sides are on the wrong path.

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At long last this idiotic shutdown is over. Hopefully cooler heads prevail and it doesn’t start up again.

The real story is that 800,000 government workers are back on the job and many millions of people are no longer inconvenienced.

Unfortunately, that is not the story we are hearing in the media. Their story is about how Speaker Pelosi beat President Trump. He got himself into this mess. She decided that all that mattered was winning. The harm done to the people involved was of no concern whatsoever. A good leader puts the good of the people over political gamesmanship,

it would be nice to think that both people have learned their lesson and will try to do what is best for the
country. I sure wouldn’t bet on it.
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