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Fourth Quarter 2017 U.S. Economic Growth Remains Strong, But Will Likely Be Less Than Q3 2017. The Year 2017 Is Likely To Be About 2.6%.

ArmchairPolitiicianEconomy, December 3, 2017, by Brad Peery,

Book on Amazon.com: Trump’s Political Agenda and Achievements

Blog Site: WWW. ArmchairPolitician.US, Email: ArmchairPolitician.US@gmail.com

*Third quarter 2017 economic growth has been revised upward from 3.0% to 3.3%, and the nine-month 2017 GDP growth rate has been revised upward to 2.5%. The fourth quarter is expected to come […]

Trump Has Addressed Significant Obama Weaknesses: A Blog Post And An Introduction To A New Book.

ArmchairPolitiicianMediaBias, August 8, 2017, by Brad Peery, WWW.ArmchairPolitician.US

The Trump administration has seven main focuses as a result of the Obama administrations policies. They are: Improving the U.S. economy; Rebuilding U.S. defenses: Reengaging in the Middle East; Addressing terrorism, drugs and gang violence by strengthening our borders and immigration policies; Confronting Iran, Russia and China; […]

U.S. Economic Growth Continues Slow: It Should Come In At About 2% In 2017.

ArmchairPolitiicianEconomy, July 28, 2017, by Brad Peery, www.ArmchairPolitician.US, ArmchairPolitician.US@gmail.com

GDP growth came in at 2.6% for Q2 2017, compared to the 3-4% growth rate we expected. However the first quarter was revised upward from 0.7% to 1.2%. This puts the first half growth rate at about 1.9%.

Nonfarm payrolls jumped 222,000 in June, […]

The U.S. Dollar Has Declined By 5% Since The Peak Achieved After The Trump Election: This Should Be Helpful In Reducing The Trade Deficit

ArmchairPoliticianFederalReserve, May 18, 2017, by Brad Peery, bradpeery007@gmail.com

President Trump’s election, and the euphoria about his tax cuts, bringing jobs back to the U.S., and undertaking to improve our crumbling infrastructure caused the U.S. dollar to improve about 5% and reach new highs in December, 2016.

The Federal Reserve increased interest rates by 0.25% […]

The Federal Reserve Plans To Continue Increasing Interest Rates And Sell Portfolio Securities: If They Do, GDP Growth Could Slow

ArmchairPolitiicianFederalReserve, May 3, 2017, by Brad Peery, bradpeery007@gmail.com, www.ArmchairPolitician.US

The Federal Reserve (Fed) has traditionally controlled economic growth and inflation by controlling the growth of M1, the money supply. The larger the growth of the money supply, bank lending and corporate borrowing should increase, and businesses should invest to grow their businesses. This prescription […]

U.S. Economic Growth Slows: It Should Accelerate Next Quarter and Come In At About 2% In 2017

ArmchairPolitiicianEconomy, April 30, 2017, by Brad Peery, bradpeery007@gmail.com, www.ArmchairPolitician.US

The University of Michigan’s consumer sentiment measure is at the highest level in over a decade. The major stock market indexes are up over 10% since President Trump was elected, and after a brief decline recently, have returned to near record levels. Such improvements did […]

Government Spending: If Trump Can Stimulate the US Growth Rate, Tax Increases Could Help Reduce the Deficit, Subject to the Impact of Tax Reductions.

Armchair Politician, March 3, 2017, Brad Peery, ArmchairPolitician.US

Spending Overview from the US Budget for fiscal 2017

Spending on Social Security, unemployment, and labor is estimated to be about 36% of all outlays in 2017. This is greater than average when compared to budgets from other years. (Average proportion = 35%) Medicare and general health […]

Chinese Companies Continue To Increase Investment in US Manufacturing Plants, But Their Size is Dwarfed by the Trade Deficit

Feb 28, 2017

The Chinese trade deficit with the US has at least two dimensions. The import of low-cost Chinese goods. This is somewhat being offset by Chinese companies setting up US manufacturing operations. However, the size of these investments is dwarfed by the $367 billion trade deficit we have with China. The US has […]