Ignorant press 'surprised' by 3.2% blowout GDP number

First-quarter gross domestic product numbers are in, and they are a blowout, 3.2% growth, coming on top of similar numbers in previous quarters based on President Trump's pro-growth economic policies. But to much of the press, even the financial press, that's a...surprise. Get a load of these headlines. U.S. Economy Powers Ahead In First Quarter: 3.2% Growth -NPR US economy grows by 3.2% in the first quarter, topping expectations -CBNC The US economy blows past growth expectations in the first quarter -Business Insider The American economy looked like a drag just a few months ago. Not anymore -CNN U.S. economy grows 3.2% in the first quarter, well above estimates -Yahoo! Finance U.S. Growth of 3.2% Tops Forecasts on Trade, Inventory Boost -Bloomberg Topping expectations, blowing past expectations, well above estimates, tops forecasts, all of it 'unexpectedly' so.  Some analysts cited in the various...(Read Full Post)
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