TRUMP EFFECT: Germany to boost military spending to 1.5% of GDP by 2025

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Germany has announced that it would raise its military spending to 1.5% of its GDP by 2025. Reuters: Germany will tell NATO in July that it expects to boost military spending to around 1.5 percent of gross domestic product by 2025, Defense Minister Ursula von der Leyen told Germany’s top military brass on Monday. This […]

CBO: GDP for 2018 will be highest in 15 years

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The CBO projected that the GDP for 2018 will be the highest in 15 years. CNS: The Congressional Budget Office’s budget and economic outlook released this month projects that real Gross Domestic Product will grow by 3.3 percent from the fourth quarter of 2017 to the fourth quarter of 2018. That would mark a 15-year high. “In […]

For the first time in 50 years, U.S Debt-GDP ratio goes down more than 1% in Presidents first term

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A new article from The Gateway Pundit lays out just how strong Trump has made the economy. Gateway Pundit: The higher a country’s debt to GDP ratio, the less healthy the country’s economy. With the final 2017 GDP numbers released today, President Trump’s policies have officially decreased the Debt to GDP ratio by 1.3% in […]

Report: GDP rose 2.9% in Q4, higher than expected

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The GDP rose 2.9% in Quarter 4 of 2017 more than what the 2.7% that was expected. CNBC:  U.S. economic growth slowed less than previously estimated in the fourth quarter as the biggest gain in consumer spending in three years partially offset the drag from a surge in imports. Gross domestic product expanded at a 2.9 […]

Report: Trade deficits behind underwhelming GDP for Q4

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Yesterday we reported that the US Trade Deficit hit its highest since 2008.What we didn’t account for however was how it affected the GDP. Breitbart: The trade deficit rose 5.3 percent in December to $53.1 billion, more than expected by economists. For the entire year, the trade gap jumped 12.1 percent to a nine-year high […]

U.S economy likely to have ended last year with longest stretch of 3% or better growth since 05

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A new analysis from Bloomberg pointed out that economic growth for Trump’s first year is the best its been since 2005. Bloomberg: The U.S. economy probably ended last year with the longest stretch of 3 percent-or-better growth since 2005. The $17 trillion question is, can it keep up this performance this late in the business cycle? […]

SORRY OBUMMER: Economy to break 13-year​ streak of poor growth

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According to new economic predictions, the economy is about to break its 13-year streak of poor growth. Breitbart: 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 […]

MAGA: Trump proves experts wrong, Quarter 3 GDP up 3.0%

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Despite the Hurricanes Trump was able to achieve 3.0% GDP once again in Quarter 3. CNBC: Cramer’s lightning round: Software play Splunk doesn’t live up to Salesforce The U.S. economy unexpectedly maintained a brisk pace of growth in the third quarter as an increase in inventory investment and a smaller trade deficit offset a hurricane-related slowdown in […]