Tags: Mark Halperin | economic | growth | annual

Mark Halperin: 2 Percent Annual Growth Won't Cut It

Image: Mark Halperin: 2 Percent Annual Growth Won't Cut It
(Dollar Photo Club)

By    |   Saturday, 04 Mar 2017 10:27 PM

Author and MSNBC “Morning Joe” contributor Mark Halperin warned that President Donald Trump must expand the nation's economy by more than 2 percent to truly "Make America Great Again." 

Tying the current state of the U.S. electorate with the overall direction of the U.S. economy, Halperin said “it’s pretty consistent that three-fourths of the American people think that the country is headed in the wrong direction.”

He bluntly told the audience at Palm Beach Atlantic University: “This country will never be great at/with a 2 percent annual growth rate.”

Growth for 2016 overall was just 1.6 percent, the poorest showing in five years. Since the recession ended in mid-2009, annual growth has averaged 2.1 percent, the worst performance for any recovery in the post-World War II period.

Halperin additionally pointed out: “Remember, Barack Obama began and ended with that.”

In giving the composite portrait of the “bad Trump,” versus the “good Trump,” Halperin said the recently elected 45th U.S. president will not be successful with his agenda if he continues to employ and play “bad Trump,” specifically, the new president will not be able to see healthcare reform, infrastructure rebuilding, regulatory reform, and tax reform through, even though “his views are generally in line with those of the American people.”

Halperin also cautioned, “People don’t think that the current policies are going to make things better” . . . “We will never get to regulatory, economic, and healthcare reforms without bipartisanship.” Halperin concluded,

He [Trump] has to “He has to provide both tax and ACA reform to keep his presidency from being in peril; what his supporters saw in him was someone who could save America and stop Hillary at the same time.”

As his first few weeks in office prove, Trump will be a demanding leader who applies the best of his negotiating skills to push for U.S. growth, as bestselling author David Horowitz recently predicted to TheStreet.com.

Trump won’t be an ideological purist like Republicans who support free trade but don't fight for fair trade, Horowitz said.

“We've had an anti-business president now for eight years who doesn't take a hard-nosed attitude towards these deals. Trump is going to get better deals for us, which is still free trade.”

Horowitz's new book "The Big Agenda: President Trump's Plan to Save America," released just this week, reveals Trump's "first 100 days strategy" to roll back Obama's legislative and executive record.

Trump will also lead the way in making infrastructure spending to boost the U.S. economy, Horowitz said.

“If the economy grows as it will under Trump, there's going to be a lot more money to spend,” he said.

"Big Agenda: President Trump's Plan to Save America" is available at bookstores everywhere – or get your copy on Amazon – Click Here Now

© 2017 Newsmax Finance. All rights reserved.

 
1Like our page
2Share
StreetTalk
Author and MSNBC "Morning Joe" contributor Mark Halperin recently told an audience in West Palm Beach, Fla., that the nation remains politically divided and that too much of political coverage I more concerned with the "sensibilities of Washington, D.C."
Mark Halperin, economic, growth, annual
464
2017-27-04
Saturday, 04 Mar 2017 10:27 PM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved