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   alt.politics.economics      "Its the economy, stupid"      345,374 messages   

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   Message 345,330 of 345,374   
   Leroy N. Soetoro to All   
   Trump's Christmas Present: 4 Percent Gro   
   04 Jan 26 01:12:44   
   
   XPost: alt.politics.trump, alt.politics.republicans, sac.politics   
   XPost: alt.fan.rush-limbaugh, talk.politics.guns   
   From: leroysoetoro@americans-first.com   
      
   https://townhall.com/columnists/ej-antoni/2025/12/31/trumps-christmas-   
   present-4-percent-growth-n2668654?utm_medium=widget&utm_source=slider   
      
   Christmas came two days early for America this year when we learned that   
   the economy grew at a 4.3 percent annualized pace from July through   
   September, blowing past even the rosiest expectations. The tariff-induced   
   crash predicted by countless “experts” has been replaced by rock-solid   
   expansion.   
      
   According to the Bureau of Economic Analysis, consumers were the ones   
   driving the acceleration in economic activity with private consumption   
   growing at a 3.5 percent annualized rate. Not only is that faster than the   
   previous three-month period, but it also exceeded growth in government   
   purchases.   
      
   This is a marked change from the Biden era when a disproportionate amount   
   of economic “growth” was coming from the public sector. As the government   
   borrowed trillions of dollars to push spending into the stratosphere, it   
   increased gross domestic product (GDP) without growing the real   
   economy—the productive private sector.   
      
   This is now the first time in three years that consumer spending grew   
   faster than government purchases for three consecutive quarters. And   
   purchases by the federal government in particular shrank during the first   
   nine months of 2025 at an annualized rate of 2.7 percent. It’s a complete   
   reversal from the Biden administration when this category of government   
   spending grew at 2.1 percent per annum.   
      
   And there’s more good news on the international trade front. The American   
   economy is importing less and exporting more as domestic production   
   increases. That’s a testament to the Trump administration’s fine-tuning of   
   its tariff strategy, adapting to the economic realities facing the nation.   
   Combine that with tax-and-regulatory reform along with record energy   
   production and things are off to the races.   
      
   Although the GDP report showed investment was off slightly last quarter,   
   that was largely due to businesses drawing down overstocked inventories.   
   With the business tax reforms in the One Big Beautiful Bill Act kicking   
   in, investment is poised to surge next year.   
      
   This is exactly what happened in the first Trump administration when   
   business tax reform was passed. Conversely, when the Biden administration   
   allowed some of those reforms to expire, investment slowed considerably.   
   As Dr. Art Laffer has so often said, “Taxes have consequences,” and those   
   results are significant because investment is the long-run driver of   
   economic growth.   
      
   Whether it’s new factories or artificial intelligence, more investment   
   also means more productivity and more jobs. The economic data imply that   
   productivity growth is already picking up, a fact that should be confirmed   
   with future figures published by the Bureau of Labor Statistics.   
      
   The jump in productivity will ultimately lead to higher earnings, coming   
   on the heels of earnings growth already outpacing inflation this year.   
   That’s more good news for American families who have been battling a cost-   
   of-living crisis for years.   
      
   Still more good economic news was just released by the Federal Reserve   
   Bank of Atlanta, which is forecasting robust growth of 3.0 percent for the   
   fourth quarter. Even with the economy contracting in the first three   
   months of 2025, America is still on track for solid growth of roughly 2.7   
   percent this year.   
      
   Perhaps more importantly, recent economic activity, along with tax-and-   
   regulatory reforms, points to even faster growth in 2026, which is shaping   
   up to be a red-letter year for the economy and the American people.   
      
   Larry Kudlow, former director of the National Economic Council, believes 5   
   percent growth is within reach. America hasn’t seen growth like that for   
   more than 40 years.   
      
   Less taxation and regulation, along with low energy prices, are   
   supercharging growth. Once a new Chairman of the Federal Reserve is   
   appointed in May, monetary policy reform will be added to the list, and   
   then all the dials should be lining up. In short, the economy could be a   
   rocket sled on rails.   
      
   Economic growth is vitally important because it’s how we produce not only   
   more products and services but also better ones and create a higher   
   standard of living for Americans. Faster growth in the overall economy and   
   in worker productivity means higher wages and a better quality of life for   
   all income groups.   
      
   There’s certainly still a tremendous mess to clean up that was left behind   
   by the Biden administration, but this accelerating economic growth was a   
   great Christmas present to America, and the New Year is looking even   
   better.   
      
      
   --   
   November 5, 2024 - Congratulations President Donald Trump.  We look   
   forward to America being great again.   
      
   We live in a time where intelligent people are being silenced so that   
   stupid people won't be offended.   
      
   Every day is an IQ test. Some pass, some, not so much.   
      
   Thank you for cleaning up the disasters of the 2008-2017, 2020-2024 Obama   
   / Biden / Harris fiascos, President Trump.   
      
   Under Barack Obama's leadership, the United States of America became the   
   The World According To Garp.  Obama sold out heterosexuals for Hollywood   
   queer liberal democrat donors.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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