AND THIS AIN'T BAD EITHER – AT 9:44 A.M. ET: Economy, economy, economy. The lights are green. The optimism is high. From Fox:
Senate Minority Leader Chuck Schumer, D-N.Y., is having a bad week – and it’s about to get worse.
On Friday we’re expected to learn from the federal Bureau of Economic Analysis that the U.S. economy grew at a blistering pace in the second quarter of this year, further affirming the success of President Trump’s tax cuts and deregulatory efforts.
President Trump hinted at the good economic news in a tweet Tuesday, writing: “Our Country is doing GREAT. Best financial numbers on the Planet. Great to have USA WINNING AGAIN!”
Economists expect the Bureau of Economic Analysis report Friday will show that the nation’s gross domestic product (GDP) grew between 3.3 percent and 4.6 percent in the second quarter – showing not only a strong economy, but one that is accelerating.
Schumer hopes each day to distract from the booming economy by championing a bewildering array of issues – the latest being the news that “ghost gun” plans will appear on the Internet starting Aug. 1 and enable people to make guns with 3D printers.
COMMENT: If the economy sustains through election day, the GOP can deliver the message that a Democratic victory can endanger all the progress that's been made, we may come out of these midterms in reasonable shape. The economy is the president's strongest weapon, as it affects every family.
There is a report that Republican members of the House are seriously preparing a new tax-reform package. Good. As long as the reform benefits the great mass of Americans, it can only help defeat the socialist surge coming from the other side.
July 25, 2018 |