
"So just think, the whole world out there in the third quarter, the United Kingdom grew .1. The European Union group, .4, and Japan fell .6%, fell .6%. Donald Trump's economy grew, the United States of America, the biggest economy in the world, 4.3%. What that means is that Americans overall all of us are going to earn 4.3% more money. We're making a raise. It's a simple way to do it."
"Polls have consistently shown that Americans are feeling pessimistic about the economy. Last month, a Fox News poll showed just 38% approve of the job that President Donald Trump is doing when it comes to the economy. A plurality of voters, 46%, said Trump's policies have personally harmed them. The president received especially low marks on tariffs, which he unilaterally imposed on dozens of countries on April 1. Just 41% of voters approve of his job performance overall."
The Commerce Department reported U.S. economic growth of 4.3% in the third quarter, exceeding the 3.2% consensus. Government spending and rising exports were key contributors to the stronger-than-expected growth. The GDP increase was presented as translating into higher average earnings for Americans, citing more jobs, lower energy costs, and lower interest rates as supporting factors. Public sentiment remains pessimistic: a recent Fox News poll found 38% approval of presidential economic performance, 46% said policies harmed them personally, and overall job performance approval stood at 41%. Tariffs received especially low marks.
Read at www.mediaite.com
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