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Cut Taxes, Grow Economy
Despite the naysayers, the latest GDP report reveals more good economic news for the nation.
It's not news that the economy has emerged from the doldrums of the previous administration and is growing at a healthy pace. Yesterday's release of fourth-quarter and full-year GDP numbers was another confirmation.Fourth-quarter growth was a modest but higher-than-expected 2.6%, slowing from 3.4% in the third quarter and 4.2% in the second, and growth for the calendar year 2018 was a healthy 2.9%. Yes, that's just shy of President Donald Trump's promise to grow the economy at 3% or more each year. Yes, it marks a record 13th straight year without 3% growth. And yes, the government shutdown may have put just enough drag on the economy that it missed the 3% mark.
