Friday, July 28, 2017

Big jump in GDP announced

Sundance explains at The Conservative Treehouse what is happening with today's announcement of an increase in GDP.
The current growth in GDP is primarily driven by growth in trade. This is the big ‘jump’ between the two quarters. In addition to forcing open markets for U.S. suppliers (see China/Beef and EU/coal), the view of energy as an export commodity is specifically Trumpian MAGAnomics in size, scale and scope.

Until Trump all economic energy conversation ended at the point of “energy independence”. However, with Trumpian MAGAnomics we blow through the goalposts of ‘energy independence’ and begin looking at energy as an export/trade commodity.

...Multinational corporations and multinational banks will continue paying Washington DC politicians to support efforts to keep the U.S. economy down; it is in their best interests to do so. It’s always about the money – There are trillions of dollars at stake.
Read more here.

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