New Economic Numbers Show Strength of Trump Economy
The US economy’s first quarter reached a staggering 3.2 percent growth, continuing President Trump’s record. Fox News reports:
The economy’s growth is solid because the American people know that the government will not interfere with their creative energy and will support them with a lower tax burden.In response to the news that the U.S. economy rose 3.2 percent in the first quarter of 2019, White House National Economic Council Director Larry Kudlow said that this “prosperity cycle” will continue if President Trump‘s policies stay in place.Calling the advance in gross domestic product a “blow-out number,” Kudlow told “America’s Newsroom” Friday that it serves as concrete proof Trump’s measures to grow the economy have been successful.“I’ll just say, Trump’s policies to rebuild the economy, lower taxes, regulations, opening energy, trade reform. Look, this stuff is working,” he said.“It tells me, among other things, that the prosperity cycle we have entered into is continuing, it is strong. It has legs and momentum and frankly it is going to go on for quite some time,” he continued. “This is the new Trump economy. Some people don’t like that or they don’t agree with that. I respect the differences but I’ll tell you it’s working.”
Source:
Trump wants to keep growing the U.S. economy
White House Council of Economic Advisers Chair Kevin Hassett discusses the strength of the U.S. economy and the U.S-China trade negotiations.
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