Originally published at: GREAT AGAIN: US Consumer Confidence SOARS to 18 YEAR HIGH | Sean Hannity
The United States economy continued to soar to new heights under President Trump and the GOP-controlled this week, with consumer confidence reaching levels not seen for nearly two decades.
According to the Associated Press, America’s consumer confidence index spiked in August to the highest level in 18 years as more and more citizens feel the impact of low unemployment and higher wages.
“Expectations, which had declined in June and July, bounced back in August and continue to suggest solid economic growth for the remainder of 2018,” said one industry insider. “These historically high confidence levels should continue to support health consumer spending in the near term.”
“Confidence is soaring to new heights which makes us bullish on growth and forecasts that this expansion may indeed shatter records for longevity next summer,” added another expert.
The strong economic data may spell trouble for Democrats hoping to retake Congress this fall, with House Minority Leader Nancy Pelosi vowing to “repeal the GOP tax scam” should left-wing legislators win big in the 2018 midterms.
Read the full report here.