Trump Policies Fail to Generate Growth He Promised

CNBC: “Throughout the 2016 campaign and since, the president and his party have vowed to kick-start tepid Obama-era economic growth. Specifically, they insisted tax-cuts and deregulation would return growth to its post-World War II average of 3 percent – a level, candidate Trump said derisively, that Obama became ‘the first president in modern history’ never to reach in a single year.”

“New government data this morning show that Trump, too, has failed to reach the 3 percent promised land, according to one major metric. The Commerce Department’s Bureau of Economic Analysis measured 2018 growth at 2.9 percent, matching the peak Obama enjoyed in 2015.”