*** BREAKING*** U.S. Economy Grew by 2.3% in First Quarter, Easing Slightly- Not stellar !!!

[DemocratSinceBirth]

The economy grew at an annual rate of 2.3 percent in the first quarter, the government reported Friday, offering a preliminary glance at how last year’s sweeping package of tax cuts is affecting consumers and businesses this year.


The stock market took investors on a giddy ride. President Trump imposed tariffs on allies and rivals alike, stoking fears of a trade war. And the revamped tax code shifted business incentives and started to put more money in workers’ paychecks.

Still, the economy ended up puttering along just a bit above the average yearly growth rate that it had registered since the recession ended nearly nine years ago.

While the pace is equal to the performance for all of last year, it is below the stronger 2.9 percent annualized rate recorded in the fourth quarter of 2017, and falls short of President Trump’s goal of at least 3 percent. Most forecasters, however, expect quarterly growth to float around the 3 percent mark for the rest of the year.


https://www.nytimes.com/2018/04/27/business/economy/gdp-economy.html

Trump can't even make the proverbial trains run on time.

[Iliyah]

1. Grew a little for whom?

Prices are raising for the average USA's citizens and wages are stagnant. Paying for the rich's profits is hurting us.

[DemocratSinceBirth]

2. There needs to be more discussion of this.

For some people, whether we like it or not, Trump will be judged solely by the performance of the economy, and not by his nefarious and mendacious ways. So far the effects of Trump's economic policies are desultory.

The backdrop for Watergate was a deep recession. Nixon might have been weather to storm if the economy was booming.