Posted on 01/09/2017 10:54:15 PM PST by Olog-hai
The growth rate of America’s gross domestic product might rise by more than 200 percent by 2018 under President-elect Donald Trump's economic plan, according to a new analysis.
CNBC cites a Deutsche Bank forecast that claims Trump’s economy-boosting agenda could drive 2.4 percent growth in 2017 and 3.6 percent in 2018. Under President Barack Obama, the economy grew by an average of 1.6 percent during his eight years in office.
CNBC noted Obama is the first president since Herbert Hoover who has not overseen the economy grow by at least 3 percent in one year of their administrations.
The Deutsche Bank report predicts the world economy will grow as well, increasing its 2017 GDP forecast from 3 percent to 3.4 percent. …
(Excerpt) Read more at newsmax.com ...
200%?
Bump!
Winning
Homobama is deeply saddened.
I think 200% in this case, means the growth rate will be double what it had been.
Good, but not amazing exactly.
I’m thinking upward of 500%, myself. :D
There have been a whole huge lot of people selling out America, for a very long time.
There is a LOT of things, which could bring back a lot of US growth.
A whole lot.
Indeed. Here (again) is the increasingly unhinged Paul Krugman just after midnight election night:
“It really does now look like President Donald J. Trump, and markets are plunging. When might we expect them to recover? ... a first-pass answer is never.... we are very probably looking at a global recession, with no end in sight. I suppose we could get lucky somehow. But on economics, as on everything else, a terrible thing has just happened.”
How many AMERICAN JOBS DOES A BIGGER NAVY FLEET CREATE?
Navy, Donald Trump planning biggest fleet expansion since Cold War
http://www.chicagotribune.com/news/nationworld/politics/ct-donald-trump-navy-expansion-20170108-story.html
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