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LARRY KUDLOW: Get ready for Trump’s 5% economy

On HALO

2 hours ago

GDP is still the best overall measure of our economy. It stands for gross domestic product. It covers consumption, investment, government, and trade.For the past 25 years, it’s been stuck around 2%, on average. For the prior 100 years, GDP growth averaged 3.5%. That was real prosperity for all Americans. Top, middle, lower incomes. Not only prosperity, but the opportunity to climb the ladder of success.Now, I think the Trump economic program of supply-side tax cuts, deregulation, drill, baby, drill, and free and fair reciprocal trade, is capable of producing 5% GDP growth. That’s right, 5%. No...

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2 hours ago
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