The Trump Effect Has Made the US #1 in the World
The Europeans want Utopia. They may our allies but they fear, envy, and hate US prowess. They embrace the UN International Court of Justice, the WTO, and such instrutions. EU foreign policy is aimed at ‘mulitlateralising’ the US, constraining it to paralysis with the need for thier consensus before acting, the American progressive left developed the same mindset promoted by the Bushs, Clintons and Hussein Obama.
American’s said No, President Trump says No.
Now the left is running out of excuses for why President Trump’s economic policies have caused a boom rather than the bust that they predicted with certainty.
Last year, when the US economy began with faster growth, the MSM and other never Trumpers argued that this simply reflected a pickup in worldwide growth. That President Trump was riding the wave of what economists were calling “synchronized growth.”
The Big Q: Now what do they have to say?
The latest indicators are that; “Global Economic-Growth Story Fades.”
Japan’s growth rate is estimated to have slowed to slightly negative in Q-1.
The European Union was at an anemic 0.4%.
The pace of global growth is expected to be much slower over the next 2 years, according to the World Bank (WB) and the International Monetary Fund (IMF).
Now come the United States of America, where real growth is hapening.
Almost all economists now predict a growth rate of above 4% for Q-2 of Y 2018, and Dan Clifton of Strategas, one of the best forecasters of recent times, believes we may hit 5% later this year.
Mr. Clifton points to the surge of investment capital flowing into the United States and how the increased business spending points to several more Quarters of this torrid growth.
Meanwhile, the rest of the world is in irons.
Then there is the left’s argument that President Trump’s policies have nothing to do with America’s growing prosperity.
One reporter published a column insisting that the “GOP tax cut is not why (the) economy is booming.” He added, “Economist are rolling their eyes at candidates’ claims (that Trump’s policies inspired faster growth).”
Which economists are they, None!
This is the same group of naysayers that was dead wrong about the likelihood of growth in the 1st place. Now they argue that the tax cuts are just kicking in and cannot account for the increased economic activity.
Hang on, this ignores the anticipation effect, meaning American ausinesses are anticipating the tax bill’s lower rates on their profits and investments and making decisions accordingly.
Friends, it is undeniable that America has a new Spring in its Step.
The American economy is now the envy of the world.
A recent article I read declares, “The US dethroned Hong Kong to retake 1st place among the world’s most competitive economies, thanks to faster economic growth and a supportive atmosphere for scientific and technological innovation, according to annual rankings by the Switzerland-based IMD World Competitiveness Center.”
The ultimate judges of this are The People the voters. They know something big is going on across their country.
In the years before the 2016 Presidential election, about 33% voters described the economy as good or great, this year, it is 70%.
The rise in optimism began immediately after Donald J Trump’s election and has not waned. The same trend is true for the confidence of small businesses and manufacturing businesses.
In the USA it is; Up, Up and Away.
America First + MAGA