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GDP 3.5%: It’s Still the Economy, Stupid

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As America races toward what promises to be one of the fiercest midterm election battles in memory, the GOP is urging voters to think about the party that can best put food on their table.

During his campaign, President Trump promised Americans he’d generate faster GDP growth, and he and his administration have done just that. While President Obama struggled to generate sustained GDP growth, the tax reforming and deregulating policies of President Trump have spun up the American productivity machine.

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Today’s report on GDP showed American productivity growth at 3.5% in the third quarter of 2018. That’s even better than experts predicted. Americans should think hard about voting to return power to the party that gave America years of anemic growth, punctuated by stimulus packages that drained the Treasury without producing sustained growth.

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E.J. Smith - Your Survival Guy

E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris. Please get in touch with E.J. at ejsmith@yoursurvivalguy.com To sign up for my free monthly Survive & Thrive letter, click here.

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