Sunday, October 29, 2017

Reason #5760 That Trump Was Elected

Cowbell: First Read of 3rd Quarter GDP at 3.0%, Beating 2.5% Expectation
Unexpectedly, in other words, but on the upside.

And bear in mind: The economy was hit by multiple storms. I don't mean metaphorical storms like the #SalonHot25's daily Twitter Conniptions. I mean the three big hurricanes.
The U.S. economy unexpectedly maintained a brisk pace of growth in the third quarter.
An increase in inventory investment and a smaller trade deficit offset a hurricane-related slowdown in consumer spending and a decline in construction.
Gross domestic product increased at a 3.0 percent annual rate in the July-September period after expanding at a 3.1 percent pace in the second quarter
You wanted cowbell? I give you cowbell.
The American public will forgive a lot of Congressional inaction if the economy is doing good. Nobody wants to read about those assholes anyway.

No comments:

Post a Comment