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Refried GOP Economics

Posted 8/20/18

Once again former GOP Queens Borough President hopeful William Kregler (Aug. 10 letter) tries to convince us that Donald Trump is a great leader.

Mr. Kregler begins by pointing to the second-quarter 4.1-percent growth in GDP as evidence. Of course, he doesn’t mention that this rate was exceeded 4 times under President Obama, the last two times occurring in the second and third quarters of 2014. In fact, GDP growth averaged 2.5 percent under Mr. Obama over the 11-quarter period from April 1, 2014 through December 31, 2016.

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