Chuck Schumer The United States’ gross domestic product increased at an annual rate of 3% in April, May, and June, a turnaround from the first quarter of the year, where GDP decreased at a rate of .5%, but Democrat Senate Leader Chuck Schumer (D-NY) claimed the new numbers are a bad sign. A report from the Commerce Department finds that the numbers primarily reflect decreases in foreign imports and an increase in consumer spending. Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick celebrated the news on Wednesday: Bessent: Real GDP grew 3% in Q2, surpassing expectations. Consumer spending is up, and inflation is cooling. This is what an America First economy looks like, and the best is yet to come. Real GDP grew 3% in…
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