According to new economic predictions, the economy is about to break its 13-year streak of poor growth.
The latest readings of gross domestic product see the economy growing at well above three percent in the final quarter of 2017. The GDPNOW predictor run by the Atlanta Fed forecasts 3.3 percent GDP growth. The New York Fed’s Nowcast forecasts 3.9 percent growth.
Despite the wide gap between the two readings of the economy, both agree that we appear to be growing at a rate above 3 percent. If that happens, it will be the third consecutive quarter of better than three percent growth. That’s something that has not happened since 2005.
This is going to be tough for the left-wing media to twist. Although these are projections and not final numbers all predictions have Trump’s economy breaking the record. I think it is time for us to get rid of the false narrative that this is Obama’s economy and give Trump the credit.