President Trump and his advisers have an almost messianic belief the economy will take off in the first quarter of next year, based largely on stimulus from the "One Big Beautiful Bill" he signed in July.
- For the White House, it's an article of faith.
Why it matters: Trump's bullish belief is key to understanding why he's so reluctant to say there's an "affordability crisis." He calls that talk a "hoax" and a "con job," advisers say, because the problem didn't start under him and the economy is growing steadily.