Trump tax cuts accelerator for the Obama slow lane GDP. @McTagueJ @Barrons

Apr 29, 2017, 04:31 AM

04-29-2017 (Photo:Millions of drivers are facing the prospect of reduced speed limits of 20mph in towns and ) http://JohnBatchelorShow.com/contact http://JohnBatchelorShow.com/schedules Twitter: @BatchelorShow

Trump tax cuts accelerator for the Obama slow lane GDP. @McTagueJ @Barrons

"...Gross domestic product, a broad measure of national output, grew at a 0.7% annual rate in January through March, the slowest pace of expansion in three years, the Commerce Department said Friday. Americans sharply cut back spending on big-ticket items like cars, causing overall consumer purchases to grow at the slowest pace since late 2009.

Major makers of household staples including Procter & Gamble Co. and PepsiCo Inc. this week reported lackluster sales due partly to weak consumer spending. Car maker Ford Motor Co. posted a 35% drop in first-quarter profit. Online retailer Amazon.com Inc. was a bright spot, reporting a jump in profit...."