OpenDown.com_Reels_BREAKING-NEWS-POTUS-ANNOUNCES-US-ECONOMY_
1 Video View·Oct 29, 2026
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Video Summary
AI GeneratedThe speaker reports that the U.S. economy is booming with a 3.4% growth rate, significantly exceeding economist expectations. He attributes this success to increased consumer spending, record business investment, and a surge in new equipment purchases, while noting that core inflation has remained low at 1.7% over the last three months.
But today I'm pleased to report in breaking news
this morning that the U.S. economy is booming at 3.4%,
which is a historic economic level.
And, you know, this is way higher than they thought.
They don't get it, Tim.
How good was Tim Scott? I watched his speech today.
How's that?
You're so lucky to have him.
And now you have two of them. I like that combination, the two of you.
Nobody's going to beat you.
But so the numbers came out way, way, way above expectation.
Oh, you haven't seen anything yet.
And that's despite the fact that they don't want to cut,
you know, the the politicians
that are on the board, Federal Reserve.
They hate like hell to cut the interest rates
because that would be good for me.
And thank you very much.
I love you, too.
He's a guy, but I love him.
He's a guy.
He's a guy.
He's a good looking guy, but we like him anyway.
Never been my thing.
I don't know why, but it's all right.
It's all right.
We love them.
But consumer spending is way up.
Business investment is up at record levels.
And investment in new equipment exploded by 21%.
They've never heard.
And you know what that is?
That's two things.
It's the tax credit that you get under the great,
big, beautiful bill the businesses get.
But I think even more important, it's because of the tariffs,
because all these companies are coming in.
They're flooding America.
They're coming in from Europe, from Asia, Canada, Mexico.
They're all pouring in. They're leaving and they're coming.
They're all coming in. We have more car plants being built right now
in the United States than at any time ever before.
And very importantly, core inflation is very low.
We inherited the worst inflation in the history of our country.
And we have for the last three months,
inflation is one point seven percent.
I mean, and that's my time.
You know, we inherited a mess from sleepy Joe Biden.
He was sleeping. He was sleeping all the time.
So we're smashing expectations with today's numbers,
beating 72% of the economists' forecast.
They don't know what the hell they're doing, economists.

