
STEPHEN MOORE: Economists keep missing the Trump boom — and they won't admit it
Fox News
Donald Trump's economy delivers 4.3% GDP growth in third quarter, defying 90% of economists who predicted weaker performance and higher inflation rates.
A noted economist and expert on the intersection of law, economics and public policy formation, Steve Moore is the co-founder of Unleash Prosperity Now, an organization that promotes policies fostering economic growth and job creation.
As you've probably heard, GDP growth for the third quarter came in at a red-hot 4.3%, following 3.5% for the second quarter. Some 90% of professional economists got it wrong — all underestimating the strength of the Trump economy. QED: These weren't random errors. These were "hate Trump" errors.
They also predicted inflation of above 3% for 2025. Instead, it's likely to come in closer to 2.7%, with the last two months trending down toward the Federal Reserve's inflation target of 2%.













