Trump’s plans could double US GDP growth by 2018, Deutsche Bank says

Trump’s plans could double US GDP growth by 2018, Deutsche Bank says

A recent Deutsche Bank economic forecast states that the U.S. economy may substantially grow over the next few years due to the Presidency of Donald Trump. A combination of slashing regulations, lowering corporate and personal¬†income tax rates and an estimated $1 trillion infrastructure plan could unleash economic production much greater than “the near certainty of the continuation of a mediocre status quo”, Chief Economist David Folkert-Landau says. Even though this forecast does not believe the effects will be felt immediately, this is a good sign for all Americans as this new Administration gets off the ground.

 

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