Kudlow Explains How 4.1% GDP happens, and will continue

KABOOM! U.S. Economy Explodes With 4.1% Growth Rate.

Why Trump’s Economic Policies Work— And Why the Growth Is Sustainable. It’s a self-feeding growth formula, and it works every time it’s tried. There’s nothing accidental. There’s nothing coincidental here, and there’s nothing really magic. It’s just plain old 2 + 2 = 4 common sense. What you need to know is the Democrat Party’s hell-bent on stopping it.

Drive-Bys Claim 4.1% GDP Growth Is Built on Soybeans! You know what the left’s excuse for the GDP being 4% is? Soybeans! Yeah. That’s right. It’s just a one-time thing. It’s because Trump sold so many soybeans to the European Union and to the ChiComs. That’s all it is. It’s unsustainable. The experts are telling us this can’t continue, it won’t go on — and yet it can get better. It is sustainable and it can continue to grow. The Democrat Party is gonna do everything it can to retard that growth. The Democrat Party’s gonna do everything it can to slow down this economy for the purposes of their winning elections.

Kudlow explains:
Kudlow is a supply-side guru dating all the way back to the eighties and Reagan. He understands this stuff inside and out. He can recite it to you in his sleep. He’s almost as good explaining this stuff as I am, and that’s why I want to use this particular bite from Kudlow.

KUDLOW: It is already beginning to work. Low tax rates, rollback of regulations, unleashing energy and trade reform to fix a broken world trading system. Business investment is booming, nine to 10% growth in the first half of this year. I believe that’s gonna continue. Why do I talk about business investment? Well, that’s the key to productivity, which is the key to growth, which is the key to rising real wages and very strong jobs. These tax cuts particularly on the business and investment side are gonna be boosting wages, livelihoods and jobs for middle American ordinary workin’ folks. And it’s starting to take effect, and that’s why I agree with the president; this is a boom that will be sustainable.

RUSH: And then Kudlow appearing on TV later said that he can see 5%, maybe even 6% and so does the president, that there’s no reason not to, that all the pieces are in place. As Kudlow’s going through this, you know what I’m thinking? I’m imagining some of these dummkopfs that live in Alexandria Ocasio-Cortez’s district that were interviewed by the Campus Reform guy. Can you imagine them listening to this and having the slightest idea what he’s talking about?

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