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Re: goforthebet post# 5579

Friday, 05/26/2017 9:23:11 AM

Friday, May 26, 2017 9:23:11 AM

Post# of 19215
The goal is to get GDP as high as possible. Trump's people claim they can achieve 3%+ growth when all their policies kick in. IMO they'll never get there, because I don't think most of his policies will be enacted. I don't really think 2% growth is going to be sustainable because the Fed is trying to raise rates into what they claim to be accelerating growth. I don't see it.

The Fed's inflation target is 2%, that may be what you're thinking about. GDP growth needs to be higher than 2%, something closer to 3% would be very good IMO.