The latest rise in the “economic growth” number was not in any way caused by the Trump-GOP “tax cuts”. It’s the result of panic buying ahead of Trump’s tariff war going into effect.
I expect/predict a similar significant drop in that same measure right after the tariffs go into effect, since much of the purchasing which ordinarily would have been done in that timeframe will already have been done.
gammaguy almost 6 years ago
The latest rise in the “economic growth” number was not in any way caused by the Trump-GOP “tax cuts”. It’s the result of panic buying ahead of Trump’s tariff war going into effect.
I expect/predict a similar significant drop in that same measure right after the tariffs go into effect, since much of the purchasing which ordinarily would have been done in that timeframe will already have been done.