Trump can't get anything right. Fed adjusts GDP forecast
 

Atlanta Fed Raises GDP Forecast to 4.6%
August 24, 2018 10:32 AM

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2018 is 4.6 percent on August 24, up from 4.3 percent on August 16. After yesterday’s releases on new-home sales and costs from the U.S. Census Bureau, the nowcast of third-quarter real residential investment growth increased from -4.5 percent to -1.1 percent. After this morning’s advance durable manufacturing report from the Census Bureau, the nowcast of third-quarter real nonresidential equipment investment growth increased from 6.4 percent to 7.5 percent and the nowcast of the contribution of inventory investment to third-quarter real GDP growth increased from 1.92 percentage points to 2.03 percentage points.

https://www.streetinsider.com/dr/news.php?id=14546182

Loretta Mester, Federal Reserve president, also said this:

Federal Reserve president says country needs more immigration to save economy

- The U.S. economy faces higher deficits, reduced government benefits and near-zero interest rates unless policymakers get their act together soon, Cleveland Fed President Loretta Mester says.

- Mester also says government needs "policies that increase immigration, not reduce it," a seeming criticism of the Trump administration's approach.

- Mester will be a voting member on the Federal Open Market Committee next year.

She also said they're going to increase interest rates another 6 times this year because of extreme inflation caused by the tariffs and high gas prices.

When Mester says "increase immigration" he doesn't mean the Democrats version aka illegal Mexicans flooding over the boarder, registering as Democrats and then raping / killing Americans, he means vetted, intelligent people who align with our values (non-muslims) coming here working and paying taxes.

You can't have a serious fact based conversation. All you've got is dogma it's sad.

Mester is a female, not a man. Get your shit together man you're really losing it lately as Mueller closes in.