Will the economy grow at 3 percent and sustain this rate over 10 years? That’s the question on everyone’s mind. In the swamp, answers to that question can often be predicted based on one’s political affiliation.
The original claim comes from the Trump budget released a few weeks ago. On the pro side, we have Kevin Hassett, chairman of the White House Council of Economic Advisers (CEA). He makes a serious case that under President Donald Trump’s policies, 3 percent annual real growth could be a floor. On the con side, you have a former chairman of the CEA under President Barack Obama saying that the economic forecast in the budget is the most absurd he’s ever seen, writes Veronique de Rugy.
from Hit & Run http://ift.tt/2oEI15B
via IFTTT