Last Friday, Director of the National Economic Counsel and former T.V. host Larry Kudlow said the U.S. economy is having its best economic growth in decades. Oddly enough during this interview Mr. Kudlow was pleading with the Federal Reserve for an emergency .50 basis point rate cut. In any case, Mr. Kudlow, a legend, who is known for his economic accuracy should be applauded for such an accurate statement.
Now, lets take a look at what the best economic growth in decades really looks like.
Logan Mohtashami is a financial writer and blogger covering the U.S. economy with a specialization in the housing market. Logan Mohtashami is a senior loan officer at AMC Lending Group, which has been providing mortgage services for California residents since 1987. Logan also tracks all economic data daily on his own facebook page https://www.facebook.com/Logan.Mohtashami