- Jun 22, 2001
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https://blogs.wsj.com/economics/201...onomy-is-absolutely-roaring-at-least-for-now/
Really the only thing that matters right now is the economy. Trump made a promise and delivered to the people what they wanted which is rare in politics these days. What is more important than family and making money? Nothing IMO. Look at the shows on TV that we all love or loved. The Soprano's - family and money. Game of Thrones - families and resources. Empire, The Crown, Downton Abbey, etc. If it takes someone as polarizing as Trump to put money in our pockets (via jobs and lower tax % brackets) while helping our families (child tax credit doubled for instance), then I'm all for it. E.g. What else is more important than the self worth that comes with being able to move out of your parent's place and support yourself? On the other side of things, what parent wants their kid to live in their house forever? We've seen what it's done to Japan, and they will eventually cease to exist due their sharp negative birth rate since nobody can find a job that will support rental rates.
The U.S. economy is roaring, at least for now. Macroeconomic Advisers, which runs one of the more sophisticated forecasting models, is tracking a 5.3% growth rate in the second quarter. That would be the fastest pace in almost 15 years. A narrowing trade deficit, tax cuts coupled with more government spending, a resurgent consumer and decent business investment are all supporting what appears to be a strong rebound in growth. The Atlanta Fed’s GDPNow model shows a slightly less robust 4.5% growth rate and such estimates jump around as new data arrives, but overall the economy appears on solid footing halfway through the year.
Really the only thing that matters right now is the economy. Trump made a promise and delivered to the people what they wanted which is rare in politics these days. What is more important than family and making money? Nothing IMO. Look at the shows on TV that we all love or loved. The Soprano's - family and money. Game of Thrones - families and resources. Empire, The Crown, Downton Abbey, etc. If it takes someone as polarizing as Trump to put money in our pockets (via jobs and lower tax % brackets) while helping our families (child tax credit doubled for instance), then I'm all for it. E.g. What else is more important than the self worth that comes with being able to move out of your parent's place and support yourself? On the other side of things, what parent wants their kid to live in their house forever? We've seen what it's done to Japan, and they will eventually cease to exist due their sharp negative birth rate since nobody can find a job that will support rental rates.