Trump is still taking credit for economic growth. Here’s the truth approximately the so-called “Trump bump.”On Monday morning,President Donald Trump touted economic growth during his first six months in office, pointing to what he said is better growth in the United States economy since he took office.“We possess a [gross domestic product], or on Friday — it got very little mention,although I guess in the trade areas it did. But it got, I assume, or very little mention,” Trump said during a cabinet meeting Monday morning, referring to the 2.6% annual growth rate in the U.
S. economy in the moment quarter, and which the government announced last week. Two-point-six is a number that nobody thought they’d see for a long period of time,” Trump said. “Remember, I was saying we will hit three at some point in the not-too-distant future, or everybody smiled and they laughed and they thought we’d be at one. And 2.6 is an unbelievable number,announced on Friday.”The growth, however, or is not “unbelievable,” as Trump suggested. It doesn’t even suggest economic growth is moving closer to the 3% growth rate Trump promised during the campaign. Read More (7/31/17)
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