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A welcome relief from the giant sucking sound which eminated from Washington DC for 8 years.
GDP report shows booming 4.1 percent growth, as Trump touts 'terrific' numbers
I'll note that the 5% Obama quarterly growth rate happened in the fifth year of his presidency, after four years of abysmal growth rates, and two years after voters got rid of the Democrat House of Representatives.
Ronald Reagan: "It is my intention to curb the size and influence of the Federal establishment and to demand recognition of the distinction between the powers granted to the Federal Government and those reserved to the States or to the people. All of us need to be reminded that the Federal Government did not create the States; the States created the Federal Government.
Now, so there will be no misunderstanding, it's not my intention to do away with government. It is rather to make it work--work with us, not over us; to stand by our side, not ride on our back. Government can and must provide opportunity, not smother it; foster productivity, not stifle it.
If we look to the answer as to why for so many years we achieved so much, prospered as no other people on Earth, it was because here in this land we unleashed the energy and individual genius of man to a greater extent than has ever been done before. Freedom and the dignity of the individual have been more available and assured here than in any other place on Earth. The price for this freedom at times has been high, but we have never been unwilling to pay that price."
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A welcome relief from the giant sucking sound which eminated from Washington DC for 8 years.
GDP report shows booming 4.1 percent growth, as Trump touts 'terrific' numbers
FLASHBACK: Democrats and Liberal Elites Said Trump ‘Was Dreaming’ If He Thinks He Can Get More than 3.0% GDP Growth
The U.S. economy grew by 4.1 percent in the second quarter of 2018, marking the fastest economic expansion in nearly four years, according to a highly anticipated estimate released Friday by the Commerce Department.
The gross domestic product (GDP) numbers, considered an official economic scorecard for the country, will be touted by the Trump administration as a strong indication that its tax cuts, commitment to deregulation and tough trade policies have paid off. The GDP broadly reflects the goods and services produced in the country.
The figures may reflect a temporary boost due to short-term factors, but lend a powerful midterm-season talking point to congressional Republicans hitting the campaign trail during the summer recess. Democrats for months have downplayed and criticized the GOP-authored tax cuts as favoring the wealthy, but Republicans maintain that Americans have broadly benefited.
As reported by the Commerce Department’s Bureau of Economic Analysis, the growth from April to June was the largest since the economy's roughly 5 percent surge in the third quarter of 2014, which was the greatest economic expansion since the third quarter of 2003.....
I'll note that the 5% Obama quarterly growth rate happened in the fifth year of his presidency, after four years of abysmal growth rates, and two years after voters got rid of the Democrat House of Representatives.
Ronald Reagan: "It is my intention to curb the size and influence of the Federal establishment and to demand recognition of the distinction between the powers granted to the Federal Government and those reserved to the States or to the people. All of us need to be reminded that the Federal Government did not create the States; the States created the Federal Government.
Now, so there will be no misunderstanding, it's not my intention to do away with government. It is rather to make it work--work with us, not over us; to stand by our side, not ride on our back. Government can and must provide opportunity, not smother it; foster productivity, not stifle it.
If we look to the answer as to why for so many years we achieved so much, prospered as no other people on Earth, it was because here in this land we unleashed the energy and individual genius of man to a greater extent than has ever been done before. Freedom and the dignity of the individual have been more available and assured here than in any other place on Earth. The price for this freedom at times has been high, but we have never been unwilling to pay that price."
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