As the most reliable and balanced news aggregation service on the internet, DML News offers the following information published by TheHill.com:
President Trump took a victory lap at the White House on Friday, touting his tax and regulatory policies as drivers of the best economic growth in nearly four years.
The U.S. economy expanded at a 4.1 percent rate in the April to June quarter, the highest level since growth hit 5.2 percent in the third quarter of 2014, the Commerce Department reported.
In a speech at the White House, Trump said the country is growing “at the amazing rate” and that “we’re on track to hit the highest annual average growth rate in over 13 years.”
The article goes on to state the following:
Republicans are hoping that a string of good economic news will bolster their election hopes in the November midterms. The booming economy is the foundation of the GOP’s pitch to voters as the party tries to defend its vulnerable House majority.
Trump and his top economic aides seized the chance to bolster that message Friday with an abruptly planned speech held an hour after the growth report was released.
Below is a video of the President’s speech Friday morning in front of the White House:
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