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U.S. President Donald Trump has boasted that his policies will produce sustained 3 to 4 percent growth for many years to come.But is there any chance that Trump might be right? Trump's forecast for the United States' overall economic-growth rate is hardly wild-eyed. Employment gains have been robust during the first six months of Trump's presidency, with more than a million jobs created, and stocks are soaring to new highs, both of which are fueling higher consumption.So Trump just might get his growth number, especially if he finds a way to normalize economic policymaking – uncertain for a president who seems to prefer tweet storms to patient policy analysis. But even if the U.S. hits the 3 percent target, it might not be the panacea Trump hopes it will be.Those who, like Trump, want to reduce U.S. military involvement overseas may argue this is nothing to worry about, but they are wrong.Even if Trump hits his growth targets in 2018 and 2019 – and he just might – only the stock market may be cheering.
of a progressive consumption tax
And what about Rochester?
The case for a World Carbon Bank
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