The White House is claiming the economy grew 3.1 percent last year, but it is spinning the numbers — focusing on a little-used measure to make the economy look a little more robust than it does measured the usual way.
The estimated second quarter gross domestic product growth rate of 4.1 percent is not “record” or “close-to-record GDP,” as President Donald Trump recently claimed.
In an interview with The Sun in England, President Donald Trump claimed “the GDP since I’ve taken over has doubled and tripled.” It hasn’t. Not even close.
House Democratic Leader Nancy Pelosi says the Republican tax plans will be a “job-killer,” but most economic analyses of the plans suggest, on balance, modest job growth.