Monday, November 28, 2016

You hope, and hope and hope

Paris (AFP) - President-elect Donald Trump's big-spending plan and tax cuts are expected to help double the US economic growth rate by 2018, the OECD said Monday.
The US economy will grow by 2.3 percent in 2017 and 3.0 percent in 2018, said the Organisation for Economic Cooperation and Development, revising its earlier forecast.
That compares to gross domestic product growth of 1.5 percent this year, according to the OECD.
The Republican property tycoon's team has said he will devote $550 billion to rebuilding decrepit infrastructure.
The incoming president also campaigned on promises for major corporate tax cuts as part of a wide-ranging blueprint for the limping US economy.
The Trump bump may be over, the conservatives are coming back to town. 

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