Fed Projects Growth of 2.1% This Year

Here is the Federal Reserve’s latest projection for economic growth over the rest of Donald Trump’s presidency:

Trump is the only human being on the planet who believes that growth will be over 3 percent this year. It’s true that his staffers are playing along, but only because there’s no other way to remain employed in Trump’s White House. I don’t think even they’re quite dumb enough to actually believe what they’re saying.

Trump, though, is a different story. I have no doubt that he believes. It’s what the voices in his head tell him, after all.


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