Saturday, July 21, 2018

Comparative quarterly growth of China, Germany and US

GDP quarterly growth of the Big 3.
(1) China keeps high growth but decelerating this year. 
(2) Germany picking up speed but decelerating also this year. 
(3) USA picking up speed, consistently.
Data source: Trading Economics.

Many anti-T will be unhappy to see numbers like this. For them, Mr T is "evil, insane, misogynist,..." he should be leading the US economy to oblivion.

And now reports:

(1) Initial Jobless Claims Plunge To Lowest Since The '60s
by Tyler Durden   Thu, 07/19/2018 - 08:36

(2) More Winning: American Jobless Claims Drop to Lowest Level Since 1969
By John Binder  19 Jul 2018Washington, D.C.

“The number of Americans claiming unemployment has now dropped to the lowest level as of last week since December 1969, the Bureau of Labor Statistics reports. Jobless claims decreased by 8,000 to 207,000 as of July 14.”

The tax cut, bureaucracy cut, spending cut on certain programs like climate junkets and bureaucracies, other market-oriented reforms in the US must have contributed to this generally positive development.

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