If Trump thinks he can get more than 3% economic growth, he's dreaming
With the political world deeply focused on the question of whether the Trump Administration comprises a gang of Russian pawns, less attention has been devoted to more mundane questions such as: what ever happened to Trump's economic policy? As it happens, economists are keeping their eye on that ball, and their conclusion is that it's in a bad way. Most specifically, they recognize that Trump policy is aimed heavily at achieving annual economic growth of more than 3%. During the Presidential campaign, Trump promised growth of 3.5% a year, and sometimes even 4%. There's no disagreement that a sustained growth rate of this magnitude would be a significant achievement.
May-19-2017, 22:45:16 GMT