Regan Pifer reports that it turns out that President Trump is good business for America, according to the Organisation for Economic Cooperation and Development (OECD).
Based on the President-elect’s plans for tax cuts and reorganization of infrastructure, the U.S. economy “will grow by 2.3 percent in 2017 and 3.0 percent in 2018.
The Republican property tycoon’s team has said he will devote $550 billion to rebuilding decrepit infrastructure.
The incoming president also campaigned on promises for major corporate tax cuts as part of a wide-ranging blueprint for the limping US economy.
“GDP is projected to return to a moderate growth trajectory in 2017 and strengthen in 2018, mainly due to the projected fiscal stimulus, which takes effect particularly in 2018,” the OECD said in its report.
“Indeed, projected fiscal support will boost GDP growth by just under 0.5 and 1 percentage point in 2017 and 2018 respectively,” it added.
Global growth will also benefit if the US president-elect’s avowed spending and tax plans boost domestic investment and consumption, the Paris-based body said.
Well, what do you know. Trump and his proposed policies are good for America.
It’s amazing once you’re able to sift through all of liberal media’s brainwashing tactics and Left-wing propagandists messages, Trump’s policies, especially for the economy, are sound policies for the United States.
The OECD went as far as to say that “fiscal initiatives could be the answer for other governments to help drive the global economy after a ‘low-growth trap’ for the last years.”
Whether certain Americans want to admit it or not, Donald Trump’s plan for America is to make America great again–especially when it comes to financial stability and economic growth.
Trump’s election actually created a boost in the United States economy. Imagine what will happen when he is president! The dollars and cents add up.
Sorry liberals, the facts don’t lie. CNN does.