NYT on Yu-uu-uge GDP Growth: Always look for the dark gray lining...

In 1945 Judy Garland sang what would become almost an earworm for the next 15 or so years.

Look for the silver lining
Whenever a cloud appears in the blue
Remember somewhere the sun is shining
And so the right thing to do is make it shine for you

A heart full of joy and gladness
Will always banish sadness and strife
So always look for the silver lining
And try to find the sunny side of life

So always look for the silver lining
And try to find the sunny side of life

Movie: Meet me in St Louis

And yes, the same paper whose chief Sr Expert economist predicted a stock market crash on Trump's election  has more sobering take on the seemingly great news about a 4.2 raise in US GDP.

NYT: Why Friday’s G.D.P. Number May Be a Size Too Big

Unlike the trade effects, the lift from government spending won’t disappear overnight. Most economists expect the budget deal to keep adding to growth for the rest of the year and into 2019. After that, though, the effects will fade.

Faint Damnation?

Ah well, I'm onna those 'fixed income' types and that news is slightly inflationary, as are a lot of other Trump trade positions but I think it's good for the country.  The NYT obviously doesn't agree that anything Trump does is good for the country.

Compare and contrast: