The 3% White House growth prediction — which is used in the president’s budget and has been criticized by outside experts as a “gimmick” — also assumes more deregulation, especially in the finance industry, and a push for “improving self-sufficiency” by placing more work requirements on recipients of government aid. Some of those initiatives might be possible to implement through executive action.
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Many economists have described the Trump economy as a sugar high. They have predicted that growth will spike after the president’s passage of a large tax cut and driving up government spending, and that growth will return to about 2% by 2020 — or that the economy could tumble into a recession.
The White House has pushed back against the naysayers, arguing that the economy has exceeded expectations since Trump took office and shows little sign of slowing.
“For the second consecutive year, economic growth has either matched or surpassed my Administration’s forecast, and the economy has growth at a 3.1% rate over the last four quarters,” Trump wrote in the report.
Sorry, NO. I was against it when 0bama, Clinton and Bush all suggested it.
“To achieve about 3% growth for the next decade, Trump would need a big infrastructure bill, more tax cuts, additional deregulation, and policies that transition more people off government aid and into full-time jobs, according to the 2019 Economic Report of the President, released Tuesday by Trump’s Council of Economic Advisers. “
That is better known as the platform for 2020
Are they blind? It is happening right in front of their eyes. The national debt clock has slowed to a crawl and about to go backwards.
All that needs to be done is the following:
Unleash freedom on We the People, adhere to the Constitution in spirit as well as the word, and the economy will grow by 5% as far as the eye can see.
And there will be far less social strife since mob rule will be a thing of the past.
After the chokehold put on by Bush-Clinton-Bush-0bama, there is plenty of room for growth yet to be had.
Leftists, publicly brainstorming how they can sabotage the economy, for their own political gain.