Centrista
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- Oct 2, 2018
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Donald Trump promised 4.0% GDP growth a year.
Updated - Trump-O-Meter: Grow the economy by 4 percent a year
In 2018, he fell short with 3.2% growth.
It's still early in 2019, so all we have is estimates of first quarter growth. In order for the economy to stay on track to 4% growth, Q1 must be at least /approximately 4%.
So far things don't look good at all. Economist Diane Swonk said yesterday that Q1 growth could be 1.5%:
Diane Swonk on Twitter
It looks like Trump wildly exaggerated the results he could achieve.
Updated - Trump-O-Meter: Grow the economy by 4 percent a year
In 2018, he fell short with 3.2% growth.
It's still early in 2019, so all we have is estimates of first quarter growth. In order for the economy to stay on track to 4% growth, Q1 must be at least /approximately 4%.
So far things don't look good at all. Economist Diane Swonk said yesterday that Q1 growth could be 1.5%:
GDP growth for the first quarter could slip below 1-1/2% if shutdown endures through the end of the week.
Diane Swonk on Twitter
It looks like Trump wildly exaggerated the results he could achieve.