3.5% instead of the predicted 3.4%.
Barring a complete catastrophe, the annual GDP growth this year will exceed 3.0% That's higher than a lot of pundits thought possible, and it would seem prudent to credit the president for not screwing that up.
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But we only cared about deficits when Obama was President.
no longer participated in the money printing business scheme. This is one of big differences between GDP growth in Trump era and GDP growth in Obama era, even Trump complianted about it as Fed being unfair.
Every silver lining has a touch of gray.
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Domestic demand dropped from 4% to 3.1% which is still good but troubling.
But it has the earmarks of a "sugar high". Increasing government spending and lowering taxes is not a sound long term resolution.
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