The White House had a lot to brag about in its economic report card for 2018, a year that broke records for employment and corporate profits. But it's not clear that next year's edition will be so rosy.
New York The White House had a lot to brag about in its economic report card for 2018, a year that broke records for employment and corporate profits. But it's not clear that next year's edition will be so rosy.
The Economic Report of the President forecasts at least 3% real annual gross domestic product growth through 2023. But that's a"policy inclusive" projection, which means it is contingent on the enactment of policies like a substantial infrastructure investment program and a fresh round of regulatory cuts. Without those changes, growth will trail off, according to the White House's own estimates. The White House doesn't seem concerned.
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