MAGA-nomics: American Economic Optimism Soars – IOTW Report

MAGA-nomics: American Economic Optimism Soars

Last Friday the New York Federal Reserve raised its estimate of U.S. GDP growth for the fourth quarter of 2017 to four percent.  That’s officially the unattainable, impossible magic-wand-level of GDP growth all the ‘experts’ said was impossible.  Why did they make that ‘unexpected upward’ re-re-re-revision?  Because the underlying economic activity represents facts that cannot be denied. The economy is on-the-move.

…”Hold on to your economic britches peeps – throw dem ju-ju bones out the windows – grab hold of the young-un’s, squeeze em tight and introduce them to ‘capitalism unchained’. We are in uncharted MAGA territory now. Q4 will be well beyond 3.2% 3.8%  3.9% 4.0%… Well Beyond.”…

The actual economic activity noted in virtually every region in the U.S. is so strong the polling measures of economic optimism are reaching new records.  Today, as an example, for the first time in their 11 year CNBC All-American Economic Survey  more than half of all Americans responding to the questions rate the economy as good or excellent.  Additionally, nearly 41 percent of Americans say they expect the economy to be better a year from now. These represent the most optimistic results CNBC has ever recorded.

We would be remiss if we didn’t note a specific choice of words used to describe the economic conditions being measured: read them here

10 Comments on MAGA-nomics: American Economic Optimism Soars

  1. Imagine that! Apply some common sense and things really work.
    When the left stops trying to play one group against another and quits trying to buy votes good things happen.

  2. This are jus the froots of Obamaes poliicies.
    Trump inhariented a natcho-esque economy in the makeing tha t just came to flower-ashun after a long period of time getting jestated.
    It’z a true FACT! You could lookit up, if it isen’t well no’n anyways.

    Trupjmp’s just band-waggoning to the band-stand an triing to taken the credit.

    He’s gone put y’all in chains! Wait ans sea!

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