Trump’s Contradiction: Demanding Steep Rate Cuts for a ‘Booming’ Economy

When recent data showed the US economy grew by the fastest pace in nearly two years, the White House released a statement hailing the “Trump economy’s explosive growth,” which proved “so called ‘experts’” wrong.

The numbers showed gross domestic product increased at a revised 3.8% annualized pace during the second quarter which, the White House said, was just the beginning of a new economic resurgence.