Our economic growth (or the fact that it has tapered off) is a concern...and there are a lot of reasons posited for this.
To sum most of them up, unless circumstances change, we are not capable of growing as fast as we had in the past. We are going to need a large expansion in population, a major technological breakthrough, a large increase in our labor productivity, etc. to grow faster.
While this is somewhat of a concern, it isn't too concerning. Comparatively we are still seen as the strongest economy, by far, in the world. Unless something drastic changes (and here a change is more likely due to Trump's destabilizing trade stances), we are likely to remain on top for the near, foreseeable future.
Do you think he understands how population growth would be required? And since that's not going to happen I suspect Republicans are going to bring in lots of Mexicans and muslims
Well, I think he is just looking back at history and seeing that we have had higher growth than we have had recently...and asking, "If this was true then, why is it not true now?" He's pointing the blame at one of the more obvious differences (Obama being in office), rather than understanding the underlying fundamentals that go into economic output. In short, I would say he more believes that policies drive an economy (and fiscal policy does in some regards) rather than other factors largely uncontrolled by the government (like population growth or technological advancement).
..,and besides if doubling the debt and flooding the nation with immigrants worked, as you two dummies believe, your big eared Messiah would have been a great economist.
Gipper meet reality:
Donald J. Trump wants us to dream bigger about the economic future. We shouldn’t be content with the roughly 2 percent annual growth that has been the norm this century, he has said. And he thinks he can bring about the kind of robust growth of
4 percent or more that was commonplace in decades past.
But the closer you look at the math of economic growth, the more you see the inherent contradictions in trying to make that happen. The two strategies that would most directly help achieve that goal clash with other planks of Mr. Trump’s economic agenda.
Economic growth can happen two ways: More hours are worked, or more economic output is generated from each hour of labor.
But if the economy quickly became more productive, it would, at least in the short run, also risk the livelihoods of some of the very working-class people whom Mr. Trump pledges to help. And the surest way to increase the number of hours worked is to allow more immigration, which would be directly at odds with Mr. Trump’s get-tough stance on that topic.
In other words, if an era of faster growth is really going to arrive, it will probably involve some changes that Mr. Trump’s supporters very much don’t want to happen.
https://www.nytimes.com/2016/12/28/...o-things-trump-supporters-wont-like.html?_r=0