The US Commerce Department’s first-quarter report puts GDP growth at 3.2 per cent, well above the 2.3 per cent mark economists predicted and the strongest first-quarter print in four years.
That’s very decent growth.
Mr Trump’s good news is reportedly stoking fears among Democrats as they continue to grapple with producing an economic message of their own.
Celinda Lake, a leading Democratic strategist and pollster, told Politico this could prove “disastrous” for the party next year.
“We don’t really have a robust national message right now,” she said. “We will tend to talk about things like paid leave and equal pay — and those things are all very popular policies. But they don’t add up to an economic message that is robust enough to win the presidency and beat Donald Trump who talks about a very robust economic policy.”
She added: “You may agree or not with it, but you know what (Trump’s message) is. And Democrats, you don’t know what it is. And that’s a recipe for disaster in 2020.”
Conservative commentator Hugh Hewitt said the 2020 election “isn’t going to be close”, citing the GDP figures as evidence the Trump economy is getting “stronger and stronger”.
As Bill Clinton said “It’s the economy, stupid”