Tags: trump | economy | growth | stephen moore

Stephen Moore: Trump Vowing Economic Growth Over 4.5 Percent

Stephen Moore: Trump Vowing Economic Growth Over 4.5 Percent
(Getty Images)

By    |   Monday, 25 June 2018 12:03 PM

President Donald Trump is vowing the U.S. will exceed economic growth over 4.5 percent, the Washington Examiner is reporting.

Author and pundit Stephen Moore, a Heritage Foundation visiting fellow, told the Examiner he recently informed Trump that growth under the administration could hit the 4.5 percent mark.

"This is happening faster than we even predicted," Moore recalled telling Trump during a visit to the president's Mar-a-Lago resort in South Florida, according to the Examiner.

And Moore said Trump replied: "You ain't seen nothing yet."

He recalled a conversation during the 2016 campaign where then-candidate Trump had said he wanted 5 percent growth. Moore said times have not changed.

The Examiner noted Trump has been checking off campaign promises.

"The U.S. economy is the fastest-growing economy virtually in the whole world," Moore said,

He said, "4.5 percent is very plausible for the second quarter, which is a gigantic number."

Moore also predicted that the stock market will remain healthy

"The economy isn't running out of gas, it is just starting to rev up," he said.

And Grover Norquist, president of Americans for Tax Reform said tax cuts are already pushing companies to return to the U.S. Both Norquist and Moore said the economy is growing as companies in the U.S. hire more workers and raise salaries, the Examiner reported.

But Moore cautioned there is still much that can occur in the future to impact America's economic growth.

"If the economy is this strong two years from now, then he's going to get re-elected with 40 states, there is no doubt about it. But anything can happen," he said.

Moore, who was an economic adviser for Trump during the campaign, has estimated the president's current odds of re-election at 70 percent unless there's a recession.

© 2019 Newsmax. All rights reserved.

   
1Like our page
2Share
Politics
President Donald Trump is vowing the U.S. will exceed economic growth over 4.5 percent.
trump, economy, growth, stephen moore
293
2018-03-25
Monday, 25 June 2018 12:03 PM
Newsmax Media, 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
America's News Page
© Newsmax Media, Inc.
All Rights Reserved