By Dan Calabrese —— Bio and Archives--July 30, 2018
I’m as happy as the next guy that the economy grew 4.1 percent in the second quarter. It’s the most important outcome we wanted to see from the tax cut, deregulation, energy boom and other Trump policies designed to get us to this point. We couldn’t have gotten better news – at this point.
But even Barack Obama had two quarters above 4.0 percent, and one of them topped 5.0 percent. This kind of growth is only a game-changer if it’s a trend. What reason do we have to think that’s in the offing here?
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