Thursday, December 25, 2025

OPINION_ The Good News of Economic Growth (Jeffrey A. Tucker - THE EPOCH TIMES)

THE EPOCH TIMES

OPINION

The Good News of Economic Growth


A construction worker helps build a support column using steel rebar during the building of a condo tower in Miami, Fla., on Feb. 10, 2025. Joe Raedle/Getty Images

Jeffrey A. Tucker
12/25/2025|Updated: 12/25/2025

Commentary

The Trump administration received some very welcome news in the form of third-quarter economic growth. Even adjusted for inflation, it came in at a strong 4.3 percent. That bolsters confidence in the White House and probably helps shore up Trump’s popularity at a time when it seems to have stalled somewhat. It’s the kind of report that makes for a very good day.

When Trump began his protectionist/tariff crusade, there were widespread predictions of doom. The last time tariffs had been anywhere near this high was 1930 with the Smoot-Hawley Act that many economists blame for deepening the economic crisis. So powerful was this lesson that the whole of the tariff power was transferred to the executive branch after the war, for fear that Congress simply could not exercise the power with any real competence.

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READ MORE: https://www.theepochtimes.com/opinion/the-good-news-of-economic-growth-5962915?ea_src=frontpage&ea_med=section-1

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