The tax cuts will only give a temporary boost to the economy
Trump/GOP promised lasting 3+% growth from self-financing tax-cuts
— John Harwood (@JohnJHarwood) March 2, 2019
mainstream economists predicted brief deficit-fueled growth burst
the record so far:
2018 Q2 4.2%
2018 Q3 3.4%
2018 Q4 2.6%
deficit way up
Fed forecasts:
2019 2.3%
2020 2.0%
2021 1.8%https://t.co/eY2is6nE8q
Federal Reserve officials expressed greater concern about risks to U.S. economic growth at their meeting last month, prompting them to signal a halt to interest-rate increases https://t.co/7sgcR1SQ54
— The Wall Street Journal (@WSJ) February 20, 2019
Sad! 