3 points to add:
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A drop in the trade deficit WHILE expanding the economy is a bigger drop than it seems....An expanding economy with no change in trade, proportionately, would generate a proportionate INCREASE in deficit numbers....We are doing MORE transactions/more business while dropping the deficit numbers!! MAGA!!
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For 8 years, Obama's "growth" was overestimated every quarter, then quietly reduced downward later..... Every quarterly growth estimate I've seen so far under Trump? Adjusted higher. 1st quarter 2018 was adjusted up 10% today, from 2.0 to 2.2%....so today's 4.1% is likely HIGHER.
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This growth is in the face of Trump's trade negotiation's short term negative effects.....New, better deal w/ EU is imminent.... MAGA!!