{"id":65975,"date":"2026-10-30T15:53:46","date_gmt":"2026-10-30T19:53:46","guid":{"rendered":"https:\/\/www.rightwinggranny.com\/?p=65975"},"modified":"2026-10-30T15:53:46","modified_gmt":"2026-10-30T19:53:46","slug":"how-is-the-american-economy-doing","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=65975","title":{"rendered":"How Is The American Economy Doing?"},"content":{"rendered":"<p>I&#8217;m hearing the word affordability mentioned in a lot of Democrat campaign ads, but somehow the ads don&#8217;t mention the roots of the affordability problem. Inflation has decreased under President Trump, but somehow once the prices go up, they rarely go down.<\/p>\n<p>On October 26th, <a href=\"https:\/\/smartasset.com\/retirement\/inflation-under-trump-vs-biden\" target=\"_blank\" rel=\"noopener\">Smart Asset<\/a> posted the following chart:<\/p>\n<p><a href=\"https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2026\/10\/InflationTrumpvsBiden.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-65976 aligncenter\" src=\"https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2026\/10\/InflationTrumpvsBiden.jpg\" alt=\"\" width=\"787\" height=\"725\" srcset=\"https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2026\/10\/InflationTrumpvsBiden.jpg 787w, https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2026\/10\/InflationTrumpvsBiden-300x276.jpg 300w, https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2026\/10\/InflationTrumpvsBiden-768x707.jpg 768w, https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2026\/10\/InflationTrumpvsBiden-326x300.jpg 326w\" sizes=\"auto, (max-width: 787px) 100vw, 787px\" \/><\/a>So how is the economy actually doing under president Trump?<\/p>\n<p>On October 26th, <a href=\"https:\/\/theconservativetreehouse.com\/blog\/2026\/10\/29\/3rd-quarter-gdp-comes-in-strong-at-3-4-growth-even-with-massive-increase-in-imported-industrial-purchases-the-ai-factor\/\" target=\"_blank\" rel=\"noopener\">The Conservative Treehouse<\/a> posted the following chart:<\/p>\n<p><a href=\"https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2026\/10\/TrumpEconomyConservative-Treehouse.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-65977\" src=\"https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2026\/10\/TrumpEconomyConservative-Treehouse.jpg\" alt=\"\" width=\"709\" height=\"599\" srcset=\"https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2026\/10\/TrumpEconomyConservative-Treehouse.jpg 709w, https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2026\/10\/TrumpEconomyConservative-Treehouse-300x253.jpg 300w, https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2026\/10\/TrumpEconomyConservative-Treehouse-355x300.jpg 355w\" sizes=\"auto, (max-width: 709px) 100vw, 709px\" \/><\/a><\/p>\n<p>If you choose to vote Democrat in the mid-term elections, you can expect higher inflation and slower economic growth. You can also expect the amount of goods you can buy with your paycheck to decrease.<\/p>\n<p>The Conservative Treehouse reports:<\/p>\n<p style=\"padding-left: 40px;\"><strong>Exports decreased 5.7%.\u00a0 However, within the data you will note a third quarter massive surge in imports of 26.4% (goods), which led to a deduction impact of 3.32% in the overall GDP statistic [<a href=\"https:\/\/apps.bea.gov\/iTable\/?reqid=19&amp;step=2&amp;isuri=1&amp;categories=survey&amp;_gl=1*1iz2qfl*_ga*MTk5Njg5MDA1MC4xNzkzMjkwMjgw*_ga_J4698JNNFT*czE3OTMyOTAyNzkkbzEkZzEkdDE3OTMyOTA0MDUkajYwJGwwJGgw#eyJhcHBpZCI6MTksInN0ZXBzIjpbMSwyLDNdLCJkYXRhIjpbWyJjYXRlZ29yaWVzIiwiU3VydmV5Il0sWyJOSVBBX1RhYmxlX0xpc3QiLCIzMiJdXX0=\" target=\"_blank\" rel=\"noopener\">Table 1.5.2<\/a>] As noted in the BEA review, \u201c<em>the largest contributor to imports was capital goods, except automotive<\/em>.\u201d<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>A 26% increase in capital goods is massive. I would anticipate that in addition to large industrial equipment, what we are witnessing in that import number is the AI-Data Center factor, this is the massive \u2018compute\u2019 need. The likely highest import value is on the data chips.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>Think about it.\u00a0 If there was no increase in imported goods and services to deduct from the growth rate, the U.S. economic growth rate would have been +6.7%.\u00a0\u00a0Keep in mind the USA is already the largest economy in the world at $32.5 trillion.\u00a0 So, a growth rate of 3.4% is a massive whole dollar increase in the U.S. economy.\u00a0 The pie is much larger!<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>Overall investment into the economy grew at a whopping 19.4% versus the prior quarter.\u00a0 The value of industrial equipment grew 20.9% over the prior quarter. We are investing in industrial production and setting the equipment in place for a manufacturing boom for the next several years.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>In the background we still need to import industrial equipment and computer chips until we get the manufacturing systems in place (industrial equipment) to begin producing the outputs domestically.\u00a0 But industrial investment at this scale is exceptional for the long-term growth of the economy.<\/strong><\/p>\n<p>We need to stay the course. We are moving in the right direction. A Democrat Congress will not take us in this direction.<\/p>\n<p style=\"padding-left: 40px;\">\n","protected":false},"excerpt":{"rendered":"<p>I&#8217;m hearing the word affordability mentioned in a lot of Democrat campaign ads, but somehow the ads don&#8217;t mention the roots of the affordability problem. Inflation has decreased under President Trump, but somehow once the prices go up, they rarely &hellip; <a href=\"https:\/\/www.rightwinggranny.com\/?p=65975\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[13060,18760,8123,20445,11430,11928],"class_list":["post-65975","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-3rd-quarter-gross-domestic-product","tag-affordability","tag-inflation","tag-smart-asset","tag-the-conservative-treehouse","tag-trump-economy"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/65975","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=65975"}],"version-history":[{"count":1,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/65975\/revisions"}],"predecessor-version":[{"id":65978,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/65975\/revisions\/65978"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=65975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=65975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=65975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}