How Trump will double growth and jobs

The Washington Times ^ | November 15, 2016 | Stephen Moore

[2ndDivisionVet]

When Donald Trump said last week that he will double the American growth rate, his skeptics scoffed. The left doesn’t think 4 percent growth is possible because they never came close to that target under President Obama.

But there’s no law of nature or economics that says America is doomed to anemic growth rates. We believe with the right policy fixes, fast growth is not just possible, but probable.

In the 1980s the Reagan agenda had quarterly growth rates of 6, 7 and even 8 percent. One month recorded 1 million new jobs. Now that’s a recovery. And Mr. Trump is right that if India and China can grow at 8 to 10 percent, surely we can aspire to half that growth rate.

Faster growth of the economy is imperative if America is to retain our world superpower status — especially given the new rivalry of fast-growing China. This requires the new Trump plan, which will take American competitiveness seriously....

[MountainWalker]

It’s not that hard once you subtract Obama’s growth-inhibiting regulatory state from the equation. Trump will be hailed as a genius when in fact he’s just applying some common sense.

[Read Write Repeat]

Stop with the H1-B visas immediately. A neurosurgeon is fine but no more tech visas.

Tired of unemployment and trying to outsmart resume spam bots.

[cavador]

Well,there is a big wall to build,and then all the illegals to round up.That’s already quite a bit of employment.

[2ndDivisionVet]

Send me your resume sans contact details and I’ll throw you 4-5 openings a day until you say “Halt.” I was a career counselor for years before my health went bad and have found jobs for thousands of people.

[japaneseghost]

bump for later

[GonzoII]

I remember long term CDs that brought in over 10% in the 1980s. We should see some interest for our bank deposits again when the economy catches fire again under Trump.

[central_va]

Big Cap manufacturing is going to have to be strong armed into using American labor and repatriating factories. Those guys now have a taste for virtually zero labor costs realized by using third world peasants. 21st century slavery.

Unfortunately the hollowed out manufacturing sector will be a drag on growth until it comes back.

[Elsie]

I remember long term CDs that brought in over 10% in the 1980s.

But what was the inflation rate?

[Elsie]

 

 

http://www.aboutinflation.com/inflation/united-states---inflation

[TangoLimaSierra]

I hope Trump has an honest assessment done for the real unemployment figures. If not, the media with keep spouting the obammy admin figures.
He'll get no credit for joblessness going down.

[GonzoII]

"But what was the inflation rate?" I don't know...it still would have payed off years later.

[jdsteel]

“”But what was the inflation rate?” I don’t know...it still would have payed off years later. “

After inflation and taxes people LOST money on those CD’s, until years later after Reagan fixed inflation and high taxes. So there were some years where the CD’s were OK...but at the same time the market was in the process of doubling thanks to Reaganomics.