Prediction on the economy is tied to Trump
An improved economy means more jobs and better ones. Even liberals who claim President-elect Donald Trump will be bad for low-income and unemployed Americans have to concede that.
Now, the International Monetary Fund has revised its forecast for the U.S. economy during the next two years. It will be substantially better than had been expected, IMF officials said this week. Why?
Because of Trump and his policies.
Last year, amid much touting of his own policies by President Barack Obama, the U.S. economy expanded by 1.6 percent. Under Trump, the economy should grow by 2.3 percent this year and 2.6 percent in 2018, the IMF predicts.
That may not seem like much, but each percentage point represents hundreds of thousands, perhaps millions, of new jobs, to judge by economic growth in the past.
And, add the IMF analysts, next year’s growth will accelerate because that will be the first full year affected by Trump’s policies.
Many of Trump’s liberal foes are fond of talking about “settled science.” Yet, knowing no less than the IMF about his proposals, they argued he would be bad for American working men and women. Economics, though, is a science — and clearly, the science is on Trump’s side and that of the U.S. economy.