The GDP average for the third quarter was reported as 2.9 percent. While on the face of it, this seems an improvement, observing the GDP history over the last 7.75 years shows its just another upcycle for one quarter. For the last 7.75 years, the average is 1.4 percent, the worst recovery in over 100 years. For the last 6.75 years, the average is 0.8 years.
Hillary's economic plan is more of the same. More of the same flat lined misery, instead of a growing economy.
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Same old problem, the Dems are wedded to late 19th/early 20th century economic doctrine which doesn't imagine growing an economy, merely re-distributing the same, almost static economy. Problem is, when they put their theory into practice, the economy can't grow. Its like denying plants water and fertilizer. Then, wondering why the thing is so small and scrawny.
And the reason why the GDP numbers improved:
From:
http://www.reuters.com/article...conomy-idUSKCN12S0E5
The U.S. economy grew at its fastest pace in two years in the third quarter as a surge in soybean exports and a rebound in inventory investment offset a slowdown in consumer spending.
Now the bad news for whomever wins the election: the Federal Reserve has more reason to start raising rates at the next meeting. When Wall Street decides the party is over, the next loser-in-chief gets the blame.
