Donald J. Trump says Q3 GDP 4.3% Beats Expectations
Key points
- Q3 GDP 4.3% vs expected 3.2%
- Credits tariffs, Tax Bill, and consumer spending
TL;DR
- Donald J. Trump says Q3 GDP rose 4.3%, exceeding expectations of 3.2%, and credits the result to good government, tariffs, and his Tax Bill; he cites strong consumer spending, higher net exports, lower imports and trade deficits, and states there is no inflation.
Original text
Q3 GDP came in at 4.3%, BLOWING PAST expectations of 3.2%. 60 of 61 Bloomberg Economists got it WRONG, but “TRUMP,” and some other Geniuses, got it right. The SUCCESS is due to Good Government, and TARIFFS. Consumer spending is STRONG, Net Exports are WAY UP, Imports and Trade Deficits are WAY DOWN, and there is NO INFLATION! Because of my Tax Bill (THE GREAT BIG BEAUTIFUL BILL) and TARIFFS, INVESTMENT IS SETTING REC...
Topics
- Economic Growth
- Trade And Tariffs
- Tax Policy
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