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7 reasons why Trump’s promise of 4% GDP growth won’t happen in 2017 (From March, 2017)
MarketWatch ^ | March 18, 2017 | Jeff Reeves

Posted on 12/18/2017 9:51:14 AM PST by Ken H

I won’t relitigate the specifics offered up by many economists who were skeptical of Trump’s growth claims — among them the Committee for a Responsible Federal Budget, which said 4% growth “is nearly impossible to achieve over a sustained period.” The fact that politicians make almost naively optimistic commitments on the campaign trail is nothing new. And the fact that Trump lives in a warped reality all his own is pretty much the defining feature of American politics right now.

(Excerpt) Read more at marketwatch.com ...


TOPICS: Business/Economy; News/Current Events
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To: Ken H

“Over a sustained period” which is still TBD.
Trumps gotten (or will get) 3% or more for three Quarters, which is a very good start.

The previous admin had a pretty good run Q2 2014-Q2 2015, with one quarter at over 5%. Of course, that was a lot of paper growth. And not sustained.

What would break things out are another 1996-2000 or 2004-2005.


21 posted on 12/18/2017 10:59:42 AM PST by buwaya
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To: Ken H

It is amazing what true hope and change will bring a society unlike the lies and deceit pawned off as hope during the 8 years before the current administration.

JoMa


22 posted on 12/18/2017 11:03:16 AM PST by joma89
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To: Ken H

Because there’s less than 2 weeks left in 2017....some of these left wing “market experts” are shwoing their #NeverTrump a$$3$$


23 posted on 12/18/2017 11:28:31 AM PST by trebb (Where in the the hell has my country gone?)
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To: Sacajaweau

Marketwatch and CNBC.com both provide useful data and occasionally interesting articles. For the most part both sites are infested with Socialists and Trump haters.
Can anyone suggest a useful website which is at least neutral? Any ideas are appreciated.


24 posted on 12/18/2017 11:38:44 AM PST by Sam Clements
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To: Ken H
November 9, 2016
A Huge Hedge Fund Says Stocks Will Crash if Donald Trump Wins Fortune.com

That’s the prediction of the world’s largest hedge fund. Bridgewater Associates

25 posted on 12/18/2017 11:41:23 AM PST by Daaave ("You Nexus huh? I design your eyes.")
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To: Ken H
but i thought 1.5% is the new normal saith Boy0bama
26 posted on 12/18/2017 2:56:51 PM PST by Chode (You have all of the resources you are going to have. Abandon your illusions and plan accordingly.)
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To: Daaave
14 hours ago
Dow rises 5,000 points in a year for the first time ever cnbc.com
27 posted on 12/18/2017 10:43:00 PM PST by Daaave ("You Nexus huh? I design your eyes.")
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