That was President Trump taking a victory lap on the news that the u. S. Economy grew at a robust rate at 4. 1 percent in the Second Quarter. The fastest pace in almost 4 years. Here with a look at whats behind that acceleration is chair of the White House Council of economic advisory. Nice to see you. 4. 1 percent. Economists predicted 4. 4, as you look at the details of the report. What do you like in it . It goes back to a piece i wrote a while back that Corporate Tax cuts would cause a Capital Spending boom. If you look at the average of the first half of the year, we got a Capital Spending boom in the average growth is 3. 1 percent. Its not often that economists can nail it that tightly and it showed its working exactly as we thought. Paul Capital Spending in the First Quarter was more robust than in the Second Quarter. Do you have an explanation for that . One of the things that happened is for Equipment Spending you were allowed to expense it retroactive to october. In the Fourt
Consumer spending, you see the fact that we are in a historic moment in terms of our economic growth, i mean, this is the first time in four years that weve seen the gdp break at 4 . It was Larry Summers who said if we get to a 3 growth that it would be fair enough to say if you were to believe in tooth ferries. Jon Allison Barber is reporting from berkley heights, new jersey, near the president s golf club where he is spending this weekend. Allison, how big a deal are these numbers for the white house . Reporter for the white house they seem to be an enormous deal. Any time we speak to anyone from the administration or hear any interviews with President Trump or even from Vice President pence, what they want to talk about is the economy and gdp growth, despite warnings from some economists that the growth is not sustainable longterm. The president is telling americans the growth is here to
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A precursor to Fox Newss morning show, featuring the news and first looks at the other stories of the day. Good evening. I am general benton k brooks, Commander United Nations command. I welcome the many distinguished guests who have joined the command, honoring the remains of fallen warriors from the korean war as we send them away from this ancient land to the Identification Laboratories in the United States where they can be positively identified and returned finally to their country and their families who never forgot them or the war that claimed them. To the distinguished representatives of the republic of korea government, led by the minister of defense, to the excellencies of the Diplomatic Corps and attache core representing United Nations member states, sent forces to the aid of the republic of korea under the United Nations flag and the forces of multiple countries who serve here today in the republic of korea, thank you all for your participation. Ladies and gentlemen, at a
It wasnt him but thats the only way he was ever mentioned again. Otherwise the subject was to boo. It is british and youre going to get us to believe those were the worst years of the civil war which devastated the country the police and the army were fighting against the Guerillas Thousands of people were abducted Forty Five Thousand around the whole country Forty Five Thousand and those are just the ones who disappeared but if another Two Hundred Thousand died the population of quite a model was Eight Million at the time they needed pontiff to unity and. It was the most brutal repression of a people ever endured in Latin America at the moment. Already
doing as you were here a lot back then i already see the reaction in the media yes with my family usually with my brother to see whether our Brother Rubin was amongst the bodies that were brought here marked double x. In other words the nameless book at the door a lot of people here and look to the lot of bodies of a more cohesive your
A tweet trumped labeled the renewed sanctions as quote the most biting ever imposed he went on to say quote anyone Doing Business with iran will not be Doing Business with the United States so while this pressure from trump get iran to back to the table for a new deal with the United States i put that question to ben im ben a Research Fellow from the Foundation For Defense Of Democracies who focuses on Iranian Security and political issues. Well first and foremost thanks very much for having me yes this is exactly the sort of course of financial means basically economic sanctions that the u. S. Is looking to levy and also in force against tehran to drive them to a choice about their behavior in the region and the economy as well as to more importantly get them back to the Negotiating Table and in co paly a more comprehensive nuclear deal as well as an agreement over its regional three Teacher Portfolios i mean so far tehran says though that theyre not going back to
the Negotiating Tabl