Will real growth improve under the Trump Administration? Not if the Fed and the left can prevent it!

The tweet caught my eye: Even if the economy grows at a modest 3% over the next few years, Trump will likely be able to take a victory lap. https://t.co/DWoHMJPa1S — CNNMoney (@CNNMoney) March 22, 2017 Modest? By long-term historical standards, certainly, but the professional economists, including the Federal Reserve, seem to think that roughly …

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A good start: the President’s FY2018 budget blueprint

From CNN: Trump releases $1.1 trillion ‘hard power budget’ with cuts to State Dept, EPA By Dan Merica | Updated 7:29 AM ET, Thursday, March 16, 2017 (CNN)President Donald Trump released a $1.1 trillion budget outline Thursday that proposes a $54 billion increase in defense spending corresponding cuts to non-defense spending at the State Department, …

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Good news! President Trump wants to cut non-Defense spending! Unfortunately, unhatched chickens are being counted

From The New York Times: Trump to Ask for Sharp Increases in Military Spending, Officials Say By Glenn Thrush and Kate Kelly | February 26, 2017 WASHINGTON — President Trump will instruct federal agencies on Monday to assemble a budget for the coming fiscal year that would include sharp increases in Defense Department spending; major …

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President Trump’s tax policies

From The Wall Street Journal: Treasury Secretary Steven Mnuchin Sees Tax Overhaul by August Economic growth at 3% or higher is also among Trump administration’s ambitious goals, he says By Rebecca Ballhaus and Nick Timiraos | Updated Feb. 22, 2017 9:37 p.m. ET Treasury Secretary Steven Mnuchin laid out ambitious goals to secure a U.S. …

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Fed sees little need for future “stimulus” spending For once, I agree with Janet Yellen!

From The Wall Street Journal: Fed Officials See Less Need for Tax and Spending to Boost Short-Term Growth Shift in thinking comes as economy improves, jobless rate declines By Shayndi Raice | January 16, 2017 8:00 a.m. ET Federal Reserve officials increasingly say they don’t see a need for stimulative government tax and spending programs …

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Yes, deficits matter. They mattered under Bush, they matter under Obama, and they will matter under Trump

From CNNMoney: IMF: Trump stimulus set to boost U.S. growth by Jethro Mullen | January 16, 2017: 9:08 AM ET U.S. economic growth should get a lift from stimulus measures under Donald Trump’s presidency, but it won’t hit the speed he promised anytime soon. That’s according to the International Monetary Fund, which has pushed up …

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Nancy Pelosi and the Big Lie

Pelosi blames Bush for $9 trillion in debt added under Obama By Al Weaver • 1/13/17 12:07 PM House Minority Leader Nancy Pelosi blamed former President George W. Bush and the Republicans on Friday for the more than $9 trillion that has been added to the national debt under President Obama’s watch. Pelosi argued that …

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A good start: Donald Trump puts government contractors on notice concerning cost overruns They'll be watched a lot more closely under the Trump Administration

My favorite CNNMoney reporter has been busy: Donald Trump to CEOs: Look out by Heather Long | @byHeatherLong | December 12, 2016: 12:56 PM ET Be ready for Trump to tweet about your company — and not in a flattering way. Today Lockheed Martin (LMT) is on Trump’s bad list. “The F-35 program and cost …

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The #Trumprally in stocks I do so love it when professional whiner Paul Krugman is proven wrong

Just 21 days ago, Heather Long tweeted: The Dow Jones industrial average is just 77 points away from hitting 19,000 https://t.co/c4M08aZVlG #stocks #bullish — Heather Long (@byHeatherLong) November 16, 2016 And today? BREAKING: Dow hits all-time high of 19,538.49. It's up 1,200 points since Trump was elected. #stocks #Trumprally pic.twitter.com/8OBcFIu9bf — Heather Long (@byHeatherLong) December …

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A brilliant ploy by Donald Trump

Boeing is building a brand new 747 Air Force One for future presidents, but costs are out of control, more than $4 billion. Cancel order! — Donald J. Trump (@realDonaldTrump) December 6, 2016 From CNNMoney: Trump wants to cancel Air Force One order from Boeing by Chris Isidore | December 6, 2016: 9:56 AM ET …

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