‘This Economy Is Cooking’: Steve Moore Over The Moon About New GDP Numbers Under Trump
Economist Steve Moore on Wednesday expressed enthusiasm about the latest U.S. real gross domestic product (GDP) numbers. GDP rose at an annual rate of 3.0% in the second quarter of 2025, reflecting a decrease in imports…
Economist Steve Moore on Wednesday expressed enthusiasm about the latest U.S. real gross domestic product (GDP) numbers.
GDP rose at an annual rate of 3.0% in the second quarter of 2025, reflecting a decrease in imports and an uptick in consumer spending, according to the U.S. Bureau of Economic Analysis (BEA). Moore said on “The Charlie Kirk Show” that the figures reflect the success of President Donald Trump’s economic policies.
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“Oh my gosh, what a day. I cannot believe these numbers that came out today, Charlie. Trump is just hitting it out of the park,” Moore told host Charlie Kirk. “And do you remember five months ago when all the leftists said, ‘Oh, Trump is going to cause a second Great Depression. He’s going to destroy the economy and the stock market’s gonna crash.’”
“We got the news today of 3% economic growth for the second quarter,” he continued. “That’s higher than any quarter, I believe, in the four years that Biden was president. This economy is cooking right now.”
The GDP under Biden did exceed 3% multiple times during his administration, according to Trading Economics. The 3% GDP rise marked a rebound from the first quarter of 2025 when real GDP had decreased 0.5%, according to the BEA.