for 2nd quarter to double 2017’s full-year pace
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- In its most recent forecast, the Atlanta Fed said the three-month period is tracking at a 4.6 percent gain, exactly double the 2017 rate and well above the 2.2 percent in the first quarter. If accurate, the growth rate would easily outdistance the 3.1 percent gain for 2017 in the same three-month period.
Why?
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Glad you asked me that. For one thing.
$3 BILLION PAYOFF: 101 UTILITIES CUT RATES, CREDIT Trump TAX CUTS
- The number of electric, gas and water utilities cutting customer charges due to the recently passed Republican tax cuts has passed 100, and the total savings is about $3 billion.
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According to Americans for Tax Reform, the number has reached 101 with most utilities either cutting bills or not passing on the costs of expanding their operations.
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“When Democrats threaten to raise taxes if they get back into power they are threatening to raise your utility bill — month after month,” said Grover Norquist, president of Americans for Tax Reform.
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The rich get richer, the evil corporations get richer, they start new business and there are more jobs, the tax cut means their expenses are less, they lower their rates and lower their prices.
People have more money to spend because of more pay and lower taxes.
rinse lather, wash and repeat.
$3 Billion so far, the number is getting bigger as we speak. It just keeps getting better.
Good news for Americans. Bad news for the Dhmikrats they want a recession rilly bad
The dhikrats said they are sorry all you little people will be hurt, loose your job, your house, your car and become homeless like under Obama.
So sad ..too bad...but it's necessary to get rid of Trump.
The can't have Trump making america great again!
US TRADE DEFICIT FALLS TO A SEVEN-MONTH LOW
Trump, Kim Jong Un meet face-to-face, shake hands at historic summit
............AND .............
That's enough good news for one night.
You'd think it was christmas.
Yes, this is disaster for the Dummycraps! I heard them talking about draining the swamp! Trying to redirect a policy; that is gutting them like a FISH!
:) :) :) :)BUT the Empress was not crowned....:) :) :) :)Is GDP a good representation of economic growth?
what other metric would you suggest?
Not sure, I think it needs to be referenced with other metrics to be meaningful. One I like is GDP with PPP (purchasing power parity) and what the GDP to debt ratio is has a lot to say. Also we've been in talks with officials of Bhutan, have you heard of Gross National Happiness? I think crypto is going to help derive different metrics to gauge growth, etc... GDP is ancient these days... Thats the beauty of evolution, all things die and something more beautiful will be created, I think GDP's time is near its end.
You have convinced me that you believe that.
Wow! If we hit 4.6, that would be unbelievable. That would actually help the inflated stock market PE ratios eventually come into historic line a bit, too. Just another side benefit....
Thanks to share GDP growth information.