03-19-2019, 09:01 AM
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Senior Member
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Join Date: Mar 2017
Posts: 13,362
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White House says Trump will drive a US economic boom lasting 10 years, a prediction virtually no serious economists agree with
https://www.businessinsider.com/whit...imistic-2019-3
Quote:
President* Trump's closest economic advisors are predicting a long term boom in the US economy as a direct result of his policies, a forecast wildly out of sync with most economists.
The Council of Economic Advisers predicts growth over the next decade of around 2.8% annually, compared to the Federal Reserve's forecast of just 1.9% long-run growth.
In 2019, the CEA expects 3.2% growth, while economists from Goldman Sachs and other banks say it will be nearer 2%.
Many in the US fear a recession in 2020 or 2021, but the CEA does not.
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"In a time of deceit telling the truth is a revolutionary act." -
George Orwell
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