The 2020 election isn’t going to be close.
The first-quarter gross domestic product growth rate of 3.2 percentsets up the first reality that will be noted in November 2020 because it telegraphs where the economy will be then: not in recession. Recessions are charted when GDP growth is negative for two consecutive quarters or more. That can and has occurred in sudden fashion — financial panics don’t send “save the date” cards. But the economy over which President Trump is presiding is strong and getting stronger. Innovation is accelerating, not declining. A recession before Election Day looks less and less likely by the day.
Small wonder then that Trump dominates the GOP with an approval rating above 80 percent. His administration’s deregulatory push is accelerating. More and more rule-of-law judges, disinclined to accept bureaucrats’ excuses for overregulation, are being confirmed to the bench. Readiness levels in the U.S. military have been renewed. Our relationship with our strongest ally, Israel, is at its closest in decades.
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2 comments:
MAGA! So hard to watch the ladies on "The View" with shivers and chills (probably menopause)when Uncle Joe arrived on the scene though I understand never Trumper Meagan McCann. It is also hard to watch rational people go so far left with socialism with the new green deal, reparations, free everything, and voting rights for the incarcerated. Soon, even the left will have to recognize the crisis at the border and after watching the Iranian foreign minister on FOX News Sunday it is apparent that the regime is close to collapse. Sanctions are decimating North Korea as well so if Trump pulls off the trade deal with China it will all come together. Be nice to have a GOP health plan.
That's great, I am truly happy the economy is on the rise.
What isn't addressed is the massive amount of debt the country is in. Debt that is going to rise long after this administration. Taxes will undoubtedly need to be raised to combat a failing social security system. The American people are tired of administrations that ignore problems.
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