Deutsche bank predicts Trump economy will more than double U.S. GDP growth

MindWars

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Oct 14, 2016
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Deutsche Bank Predicts Trump Economy Will More Than Double U.S. GDP Growth

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Well why not Trump knows business and knows how to work out deal, knows business tactic well and when the rich can create jobs people will have jobs. Unlike the liberal media who seem to think he's going to make himself rich. If we did not have wealthy people the average person wouldn't have a fkn job.
 
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But not the GDP...

[…] “This policy will be successful in moving the U.S. economy away from low-growth secular stagnation towards significantly more buoyant performance. We would not be taken by surprise by a doubling of the growth rate of real GDP in the U.S. over the next two years, nor by a further significant move up of equity valuations and a material further appreciation of the dollar.”

~ David Folkerts-Landau, Chief Economist, Deutsche Bank
 
But not the GDP...

[…] “This policy will be successful in moving the U.S. economy away from low-growth secular stagnation towards significantly more buoyant performance. We would not be taken by surprise by a doubling of the growth rate of real GDP in the U.S. over the next two years, nor by a further significant move up of equity valuations and a material further appreciation of the dollar.”

~ David Folkerts-Landau, Chief Economist, Deutsche Bank
The rich are not complaining..
 
If the proposed infrastructure spending were more traditional government spending, then I'd be inclined to agree that it would contribute to an increase in GDP. Unfortunately, Trump's plans on infrastructure don't seem to include government spending on infrastructure but to give tax breaks for private construction projects, many of them already planned. I doubt that will be very stimulative as much as the government directly spending a trillion dollars.

I'm also not convinced that "lower regulations" will contribute much. When you read the reports on why people are laid off, "regulations" account for less than a percent or two. But who knows, the economy could take off like it did during the 2000's after that round of tax cuts, government spending, and lowered regulations.

Wait....
 
View attachment 105954
Deutsche Bank Predicts Trump Economy Will More Than Double U.S. GDP Growth

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Well why not Trump knows business and knows how to work out deal, knows business tactic well and when the rich can create jobs people will have jobs. Unlike the liberal media who seem to think he's going to make himself rich. If we did not have wealthy people the average person wouldn't have a fkn job.


lets hope
 

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