Posted on 03/26/2017 9:36:35 PM PDT by Olog-hai
U.S. economic growth is expected to accelerate this year and next, yet remain modest, even if President Trump’s promised tax cuts and infrastructure spending are implemented, a survey found.
The economy will grow a solid 2.3 percent this year and 2.5 percent in 2018, according to 50 economists surveyed by the National Association for Business Economics. Those rates would be up from 2016’s anemic pace of 1.6 percent.
Still, those rates are below the 3 percent to 4 percent growth that Trump has promised to bring about through steep corporate and individual tax cuts and more spending on roads, airports and tunnels. Most of the economists surveyed assume that a tax reform package will be approved by Congress this year. About two-fifths expect an infrastructure spending proposal to pass this year, while rest forecast it will happen in 2018 or beyond. …
(Excerpt) Read more at bigstory.ap.org ...
Proven wrong? It is wrong just by the fact that Trump has served less than 3% of his term.
oooh a SURVEY.
“unexpected”
Is anyone surprised? We would all be confused if there was ever a economic report that didn’t include “unexpected.” When democrats are in power, all reporting is unexpectedly below projections. When republicans are in power all reporting trends to unexpectedly better than projected. Anyone wonder why?
Oh no!!! Trump will never be President now!
50 ‘economists’ my big fat butt. Nothing more than a highly targeted, highly gerrymandered political poll.
1) Death
2) Taxes
3) Daily AP Trump hit piece
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