Why economists are skeptical that U.S. can grow by 3 percent

There are few things Donald Trump loved more during his presidential campaign than proving the experts wrong. His next target: economists. Specifically, Trump wants to demonstrate that there’s no reason why the United States can’t consistent grow at 3 percent a year. This assumption underpins his budget, and his budget director leaned heavily on it during the May 23 unveiling of Trump’s budget proposal. "Everything that we do in this administration, every single time I am called into the Oval Office, whether it's on immigration policy, health care policy, tax reform policy, trade policy, budgets and spending, the focus is … >>More
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