
Second-quarter GDP growth was revised upward, to 4.2 percent, and some are now predicting 4.6-percent third-quarter growth. Could Trump's claim of five-percent GDP growth become reality?

Presidents are expected to keep quiet about whatever the Federal Reserve does. But Donald Trump has become famous for upending supposedly sacrosanct protocols.
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In the first nine months of the present fiscal year, total federal revenues were $2.54 trillion, while total federal spending was $3.15 trillion, leaving a deficit of $607 billion. That’s 16-percent higher than it was at the same time a year ago.
Fed Raises Interest Rates Again Despite “Mystery” Over Lack of Wage Increases
Written by Bob AdelmannFederal Reserve Chairman Jerome Powell suffers from the same disease infecting all those on the board: the hubris that they really know what's best for the economy.
With the Fed likely to raise overnight bank lending rates by one quarter of one percent on Wednesday, observers are increasingly concerned that those increases may throttle Trump’s roaring economy just as it’s beginning to hit its stride.
Recession in Trump’s First Term?
Written by Bob AdelmannThis year’s Tax Freedom Day, which “represents how long Americans as a whole have to work in order to pay the nation’s tax burden,” falls on April 19 according to the Tax Foundation.