CNBC: Economy is surging; how Trump did it

 This is a very good article which goes into some detail. Some honesty from a channel that has NBC in it's name.   The comeback is finally being admitted. It's not green lights all the way, but it never is.

Meanhwhile... Impeach! 25th Amendment! White House in chaos!

Trump has set economic growth on fire. Here is how he did it

• President Donald Trump presides over an administration that has seen an enormous level of controversy that could overshadow a burgeoning economy.
• He has delivered on promises to cut taxes and regulations and promote activity through more aggressive government spending.
• Critics believe that it won't last because the fiscal stimulus is aimed only at near-term growth.
• The results, though, have been impressive: a surge in company profits and near-record levels of optimism from consumers and businesses.

During his time in office, the economy has achieved feats most experts thought impossible. GDP is growing at a 3 percent-plus rate. The unemployment rate is near a 50-year low. Meanwhile, the stock market has jumped 27 percent amid a surge in corporate profits.

Friday brought another round of good news: Nonfarm payrolls rose by a better-than-expected 201,000 and wages, the last missing piece of the economic recovery, increased by 2.9 percent year over year to the highest level since April 2009. That made it the best gain since the recession ended in June 2009.

His critics, a group that includes a legion of Wall Street economists, most Democrats and even some in his own Republican Party, don't believe it will last. They figure the current boom will begin petering out as soon as mid-2019 and possibly end in recession in 2020.

But even they acknowledge that the current numbers are a uniquely Trumpian achievement and not owed to policies already set in motion when he took office.

Well, free enterprise economies are cyclical, so the boom won't last forever. But the table is set for long term growth, unless either or both political parties mess it up, or there is some unexpected outside crisis.