Mission Statement: This blog reviews the news of the day in light of 242 years of American history. "Nationalism," a modern day pejorative, has been our country's politic throughout history, until 2008. Obama changed that narrative. Trump is seeking a return to our historical roots. Midknight Review supports this return to normality.
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The goal is to finish the year with a 3% GDP for the first time in more than a decade.
Second-quarter GDP jumps 4.1% for best pace in nearly four years
Gross domestic product increased 4.1 percent in the second quarter, matching Reuters estimates.
Strong
consumer and business spending as well . . . . . as a surge in exports ahead of
retaliatory tariffs from China helped drive economic growth.
The last time the economy grew this quickly was in the third quarter of 2014.