President Donald Trump touted the country’s best economic growth in nearly four years, saying the country is growing at an “amazing rate.”
The president clearly deserves the credit for the U.S. economy growing by 4.1 percent in the second quarter of 2018, and he celebrated the news on the South Lawn at the White House on Friday.
“We’ve accomplished an economic turnaround of historic proportions,” Trump said. “Once again, we are the economic envy of the entire world.”
The gross domestic product (GDP) numbers point to the success of the president’s tax cuts, deregulation and tough trade policies, and he noted that the country is “on track to hit the highest annual average growth rate in over 13 years.
GDP HITS 4.1%. THANK YOU, @realDonaldTrump!https://t.co/1LfHEwAOur\
— GOP (@GOP) July 27, 2018
“As the trade deals come in one by one, we’re going to go a lot higher than these numbers, and these are great numbers,” Trump said.
4.1% GDP growth in the second quarter. @POTUS has America’s economy firing on all cylinders. pic.twitter.com/rmlGQgLrFS
— Secretary Acosta (@SecretaryAcosta) July 27, 2018
Such incredible news for the United States! Great job @realDonaldTrump #AmericaIsBack #NeverGetTiredOfWinning
— Eric Trump (@EricTrump) July 27, 2018
“This is another big Trump win.” Fox Business Network’s Stuart Varney said on “Fox & Friends” Friday. “We clearly now do have a great economy.”
.@Varneyco reacts to new GDP numbers on @foxandfriends: “This is another big Trump win…We clearly now do have a great economy.” pic.twitter.com/yKecMPsrDA
— Brian Kilmeade (@kilmeade) July 27, 2018
But liberals, unable to properly celebrate a win for the nation that comes via Trump, threw tantrums and insults as usual.
You can’t eat GDP. GDP doesn’t pay the bills. Wages or GTFO.
— Dante Atkins (@DanteAtkins) July 27, 2018
Thank you Obama for setting the upward trend!
— Annieb (@baustin64R) July 27, 2018
Economic benchmarks are not the only indicators for a healthy society. Sorry but it means very little for large segments of the population.
— Tanis (@NavKana) July 27, 2018
LIES ,LIES, LIES, LIES, LIES, LIES, LIES,
— Maggie N (@lilmaggie186) July 27, 2018
Waiting for the impact of the Tariffs to register as well as the interest rate increase. Values are already declining on the West Coast. Recession is coming.
— Frog Legs (@100FrogLegs) July 27, 2018
Cue the diehard maga crowd…they’re sure to be using this info to prop up 45’s fragile ego.
— FreshDem (@Catalina2746) July 27, 2018
It’s actually fun to read incontrovertible great economic news and then check to see how the @nytimes manages to put negative spin on it. Miraculously they always find a way to hate Trump and hate good news for America. https://t.co/Z8RcSbFqPK
— James Woods (@RealJamesWoods) July 27, 2018
As liberals mourned the monster numbers that threaten their precarious blue wave, skeptics were also schooled on how the data does not indicate a “blip” but is, as the president noted, “very sustainable.”
Pres. Trump predicts “these numbers are very, very sustainable. This isn’t a one-time shot.” https://t.co/BT6WgI96EG pic.twitter.com/Ul1RXDk5VS
— ABC News (@ABC) July 27, 2018
There was a lot of preemptive skepticism about the Q2 GDP number but listen to Furman — this is a legitimately solid quarter and not just a weird trade blip. https://t.co/bHXrKLNujM
— Matthew Yglesias (@mattyglesias) July 27, 2018
White House economic advisor Larry Kudlow, who also spoke Friday, said confirmed that “this is a boom that will be sustainable.”
.@larry_kudlow: “We’ve had a pro-growth agenda, it has been in place for a short while, it is already beginning to work.” pic.twitter.com/FaxkyXwtA8
— FOX Business (@FoxBusiness) July 27, 2018
And while the left continues to cry that Russia, collusion and a dozen other theories will crush the GOP at the polls in November, regular Americans celebrated the economic report along with the president.
Even CNN had to concede.
Trump’s right: The economy is doing well and he deserves some credit | Analysis by @StCollinson https://t.co/rNzrPTi6Px pic.twitter.com/9i8gOzZNti
— CNN (@CNN) July 27, 2018
4.1 GDP in the 2Q. Who would’ve thought? That number never went above 2.6 during the Obama era. #MAGA ??
— RightWing TrumpNews (@RWTrumpnews) July 27, 2018
Illegitamit? So you don’t support our constitution? Russian bot!
— David CIH, CSP (@DavidCIHCSP) July 27, 2018
4.1% GDP! @POTUS was mocked when he predicted this kind of economic success. The American economy is setting historic records thanks to President Trump’s policies. Remember when economic experts and many in the media said 1.9% GDP under President Obama was “the new normal”? pic.twitter.com/g7s1fhZZ0Z
— Hogan Gidley (@hogangidley45) July 27, 2018
So Obama wrecks the economy,Trump comes in and repairs it,then people give Obama the credit?lol,is that how it works?I guess I should thank Obama for giving Trump the horrible platform to SHINE..TRUMP WINS WINS WINS
— Colby °¿° (@theykallmecolby) July 27, 2018
WATCH: After 4.1% GDP and huge jobs reports… Let’s all remember that time Obama said Trump “didn’t have an answer” to fix the economy and needed a magic wand… #FlashbackFriday pic.twitter.com/qNKCmHsRzB
— Tim Young (@TimRunsHisMouth) July 27, 2018
If you believe that our GDP under Hillary would have been 4.1% then you believe Maxine Waters could be a Playboy centerfold.
— Neal Boortz (@Talkmaster) July 27, 2018
— Teacher (@carrera911targa) July 27, 2018
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