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| Economy |
| Economic Growth Estimated to Double in Two Years Due To Trump's Policies |
| 2017-01-10 |
| [Free Beacon] Gross domestic product could double in the next two years due to President-elect Donald Trump’s economic agenda, CNBC reported. According to a Deutsche Bank forecast, Trump’s policies could "trigger a new age in U.S. economic growth that could serve as a global template." Trump’s policies are projected to increase GDP to 2.4 percent in 2017 and to 3.6 percent in 2018, which is more than double than the average growth of 1.6 percent seen during Obama Administration. "Gross domestic product growth would be double its current level under an agenda that cuts regulations across a broad swath of critical sectors, enacts tax reform that slashes personal and corporate taxes and calls for at least $1 trillion in improvements for bridges, roads and other public projects," the article said. Trump’s effect on U.S. economic growth could impact the global economy as Deutsche increased its GDP forecast from 3 to 3.4 percent worldwide. |
| Posted by:Besoeker |
| #6 Re: VRWC, I was initially hoping PrezBo was going to exit the stage gracefully. What have you been smoking and where can I get some? Grace? From Obola?? Now that's funny right there. |
| Posted by: AlanC 2017-01-10 09:21 |
| #5 I was initially hoping PrezBo was going to exit the stage gracefully. It is projections of this nature that, assuming fulfilled, shall make watching #44 sputter into oblivion ever so much fun. |
| Posted by: Vast Right Wing Conspiracy 2017-01-10 08:12 |
| #4 Imagine... an economy that actually works without the boot of government on its throat. |
| Posted by: DarthVader 2017-01-10 08:03 |
| #3 I'd like economic growth to exceed the actual rate of inflation not that "chocolate ration" inflation-figure. |
| Posted by: Bright Pebbles 2017-01-10 04:13 |
| #2 You mean economic growth may actually exceed inflation? |
| Posted by: gorb 2017-01-10 01:53 |
| #1 This is the 'legacy' the dems and Obama are really worried about. |
| Posted by: Besoeker 2017-01-10 01:52 |