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It depends on the quarter. See post #17 for an example of how economists come up with their "expectations" in any given quarter. And most important, read the link.
HEre's the thing -- Trump and gang promised record breaking growth with the tax cuts. So far -- first quarter -- not only no record breaking - -perhaps a downward trend.
In truth -- economic indicators aren't looking -- slowing job growth, slowing wage growth, stalled stock market, and less than anticipated GDP.
It may be not as bad...but it definitely is not going to be as good as promised.
But we have the second quarter right -- any day now.
HEre's the thing -- Trump and gang promised record breaking growth with the tax cuts. So far -- first quarter -- not only no record breaking - -perhaps a downward trend.
In truth -- economic indicators aren't looking -- slowing job growth, slowing wage growth, stalled stock market, and less than anticipated GDP.
It may be not as bad...but it definitely is not going to be as good as promised.
But we have the second quarter right -- any day now.
All first quarter are low (even stated in the OPs link)...yet this was still higher than expected.
When job's are slowing, it's because they are/have been filled.
In truth -- economic indicators aren't looking -- slowing job growth, slowing wage growth, stalled stock market, and less than anticipated GDP.
It may be not as bad...but it definitely is not going to be as good as promised.
Not surprised. People who actually understand modern economics know that a tax cut for the wealthy is one of the most inefficient forms of stimulus there is. Injecting money at the top doesn't fix our ailing infrastructure and it doesn't put money into the pockets of the lower and middle classes.
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