More Winning: US GDP Soars Past $19 Trillion for First Time in American History

Thanks to President Trump, not only has the US Stock Market set multiple all time high records, the US GDP just soared past $19 trillion for the first time – ever.

The second quarter US Gross Domestic Product annual growth rate released on Friday showed two times the rate from the first quarter under Trump according to the US Bureau of Economic Analysis.

https://twitter.com/surfermom77/status/891326105826729984

“Real gross domestic product increased at an annual rate of 2.6 percent in the second quarter of 2017, according to the ‘advance’ estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 1.2 percent, (revised up from the original 0.7 percent growth),” the BEA reported.

If Trump can achieve 2.6% GDP growth with no healthcare reform and no tax reform, the future looks VERY bright.

— Bill Mitchell (@mitchellvii) July 28, 2017

Economists said 3% GDP Trump promised was impossible. GDP surged to 2.6% in the 2Q under Trump. That's WITH his own party blocking him.

— The Hanging Chads (@TheHangingChads) July 29, 2017

According to the Bureau of Economic Analysis:

GDP is one of the most comprehensive and closely watched economic statistics: It is used by the White House and Congress to prepare the Federal budget, by the Federal Reserve to formulate monetary policy, by Wall Street as an indicator of economic activity, and by the business community to prepare forecasts of economic performance that provide the basis for production, investment, and employment planning.

Second quarter US GDP grew to $19.2 trillion, up from $19.1 trillion at the end of the first quarter. That surpassed the end of 2016 which saw the GDP at $18.9 trillion, according to the BEA. in just two quarters under Trump, the US GDP has grown by more than $300 Billion.

Talk about winning.

As a matter of fact, former President Obama’s first two quarters in office saw the GDP shrink by more than $200 billion.

Obama saved the US economy? Under Trump the GDP is now 2.6. Obama 1% and sometimes dipped into the negatives, despite job growth? Really https://t.co/NcbcjW0wcv

— Alexandra Trump (@KAFosterSowell) July 29, 2017

GDP surged to 2.6% in the 2nd quarter under Trump, just a few ticks away from 3% which economists have called IMPOSSIBLE.

— Bill Mitchell (@mitchellvii) July 28, 2017

While the GDP rates are impressive on their own, the US stock market has benefited from the Trump presidency as well, up 19 percent since the election.

U.S. Stock Market up almost 20% since Election!

— Donald J. Trump (@realDonaldTrump) July 29, 2017

The Dow Jones Industrial Average closed at 21,796 on Friday, its 28th all time high of 2017.

That’s a lot of first and all-time-highs, and Americans are grateful.

https://twitter.com/RyanJensen2018/status/891002656516452354

Thank God, I've only waited 8 years!!!

— fromphoenix (@fromsuncity) July 29, 2017

. "I just saw the numbers. GDP is up double since the 1st quarter."
–President Trump#MAGAX3#NYC pic.twitter.com/o4iBU7QS4G

— Less Gov. More Fun. (@LessGovMoreFun) July 28, 2017