White House top economic advisor Larry Kudlow says economic growth will beat 3% this year

  • 📰 CNBC
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

“One of the most interesting parts of this boom right now… it’s the middle and lower wage earners who are growing the fastest,” National Economic Council Director Larry Kudlow says. “That’s really gratifying.” Davos2020

top economic advisor, Larry Kudlow, told CNBC on Tuesday that GDP growth in the U.S. should hit at least 3% in 2020.

"We're now down to 2.5% to 3%. I'm looking for faster growth: I think we're going to get 3% this year," he added. "The trade deals will help, the Fed changed policy — that was very, very important." , with expectations that the economy will grow more than 2% in the fourth quarter. While that would represent a slowdown from the 2.9% increase in 2018, 2% growth would still suggest the decade-old expansion is set to continue into 2020.

Economic growth slumped to 2% in the second quarter and 2.1% in the third quarter, according to government data. That would make it extremely tough for the U.S. economy to hike its growth for the year above 3%.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

BULLSHITZU!!!

Trumps game plan —lie to tell the people want they want to hear — repeat the lies over & over again- then continue to lie & lie & lie 🤥🤥🤥🤥🇺🇸

Well done President Trump keep it up.

Trump🇺🇸💪🏻U.S.A

MAGA

Thank you President Trump your are Making America Great Again.

Except that that is totally, completely wrong. 🙈

yes, I see a lot of them at Davos this year

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

White House Calls Impeachment Charges ‘Frivolous’ and ‘Dangerous’ in Legal BriefPresident Trump’s legal team argued Monday that the articles of impeachment were frivolous and dangerous and should be swiftly rejected by the Senate. Irony. The entire Trump tenure can easily and accurately be labeled, 'frivolous: and 'dangerous.' Abuse of Power is an impeachable offense. Trump has proven time and time again that he is unfit to hold the office of president. He and his henchmen should not be allowed to commit crimes at will. Witnesses should testify. RemoveTrump
Source: WSJ - 🏆 98. / 63 Read more »

White House unveils list of leaders to meet with President Trump at forum in DavosThe White House unveils list of leaders to meet with President Trump at forum in Davos powerlotto22 Is this a joke or what?. You all defame the judicial system you. Victims, list of victims, you mean Hope they bring their crayons.
Source: Reuters - 🏆 2. / 97 Read more »

Trump's self-image takes precedence in White House business: bookCarol Leonnig and Philip Rucker, co-authors of 'A Very Stable Genius,' talk with Rachel Maddow about how Donald Trump's vengeful style has discouraged sources from speaking out about how Trump runs the White House, and the common theme recounted to them that Trump's ego and self-image the main priority above all else in the Trump administration. MSDNC is The Enemy of The People. The Network who covered up for Matt Lauer and Harvey Weinstein. 200 hundred losers. Trump2020Landslide His ego maybe the death of American democracy.
Source: MSNBC - 🏆 469. / 51 Read more »

Ari Melber: The White House defense is in 'Dersh-land'Ari Melber, MSNBC Chief Legal Analyst and host of 'The Beat with Ari,' breaks down the White House defense team's impeachment brief. AriMelber coverup AriMelber Here is a legal strategy Supreme Court refuses for now to hear appeal of decision threatening Affordable Care Act. Congratulations SCOTUS Justice Roberts your legacy continues to be the worst in history. Did you forget the definition of Justice and oath? Epic FAIL
Source: MSNBC - 🏆 469. / 51 Read more »

White House may assert executive privilege to block Bolton testimony, Republicans sayWhite House may assert executive privilege to block former National Security Adviser Bolton from testifying during Senate impeachment trial, several Republicans tell NBCNews. u do not have any executive priviledge,,liar trump it is for crimes u committed on ukraine are u 2 much of a dim wit to understand/. And Chief Justice Roberts can rule on that right then & there. Go ahead. Be my guest.
Source: NBCNews - 🏆 10. / 86 Read more »

Pence attends homophobic sermon streamed on White House YouTube channelBishop in Tennessee speaks against what he asserts is the “demonic” nature of homosexuality during a service Sunday that was attended by VP Pence and religious leaders. Oh boy, this is Rev Wright territory. Will afford the same flexibility it did with he and the great Obama? I think not. Chickenscomehometoroost Pence's gay thoughts won't like that..... Yeah, they bug me with that crap.
Source: NBCNews - 🏆 10. / 86 Read more »