Opinion | Where’s That 3% Growth?

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From WSJopinion: The Trump tax cut hasn’t lived up to its promise. The reason may be Trump, writes James K. Glassman.

The week's best and worst from Kim Strassel, Kyle Peterson and Dan Henninger. Image: Aleksey Nikolskyi/Getty ImagesPresident Trump is reportedly planning another tax cut. If so, he should figure out why the first one was a dud.

As a card-carrying supply-sider, I was certain tax reform would at last lift the U.S. economy out of its rut of 2% growth. On Dec. 16, 2017, a few days before he signed the Tax Cuts and Jobs Act, Mr. Trump told reporters: “The economy now has hit 3%. Nobody thought we’d be anywhere close. I think we can go to 4%, 5% and maybe even 6% ultimately.”

 

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opinion What a revelation. I would have NEVER guessed you would blame something on PRESIDENT Trump.

opinion That’s because it wasn’t really a tax cut. The top 2-3% are paying way more in taxes now (despite the lies the Dems tell) because of the SALT deduction limits.

opinion Tariff war with China. Easy

opinion Opinion you guys are a bunch of dipshitz, the United States has the lowest unemployment levels in decades! SMFH The economy is booming! MAGA Landslide2020

opinion shocker

opinion It has lived up to my expectations. My tax return proves it out.

opinion No, the reason is tax cuts don’t lead to magical growth, as has been proven countless times.

opinion The reason is the federal reserve

opinion Who the hell is James Glassman?

opinion Come on, they were never going to work. It was a false promise and everyone knew it.

opinion Were you concerned about Obama’s shovel-ready jobs? Where were they Oh, that’s right. Obama got a pass because anyone who criticized him was called a racist.

opinion In trump’s pocket if it exists at all.

opinion You mean giving rich people more money doesn't help poor people? Wow, if only there was a way to get more money into the hands of poor people... I know! Maybe give more money to rich people!!

opinion He promised as much as 6% growth.

opinion SO MUCH WINNING!

opinion

opinion Up yours im living the life..

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