- Nov 26, 2011
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GDP growth also has disappointed. The president promised that his nearly $2 trillion in tax cuts would be like ārocket fuelā for the economy. GDP growth would be as high as 6 percent!
But that hasnāt happenedāthe ārocket fuelā didnāt power the economy skyward. Annual GDP growth has not reached 3 percent since the tax cuts were enacted, and it slowed to 2.3 percent in 2019.
Since you won't get them in the State of the Union, here are some facts on the Trump economy
But that hasnāt happenedāthe ārocket fuelā didnāt power the economy skyward. Annual GDP growth has not reached 3 percent since the tax cuts were enacted, and it slowed to 2.3 percent in 2019.
Since you won't get them in the State of the Union, here are some facts on the Trump economy