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.

HERE ARE THE FACTS:

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ONE MORE QUICK THING:

Our fall fundraising drive is off to a rough start, and we very much need to raise $250,000 in the next couple of weeks. If you value the journalism you get from Mother Jones, please help us do it with a donation today.

As we wrote over the summer, traffic has been down at Mother Jones and a lot of sites with many people thinking news is less important now that Donald Trump is no longer president. But if you're reading this, you're not one of those people, and we're hoping we can rally support from folks like you who really get why our reporting matters right now. And that's how it's always worked: For 45 years now, a relatively small group of readers (compared to everyone we reach) who pitch in from time to time has allowed Mother Jones to do the type of journalism the moment demands and keep it free for everyone else.

Please pitch in with a donation during our fall fundraising drive if you can. We can't afford to come up short, and there's still a long way to go by November 5.

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