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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump said the other day, "why can't there be 25% GDP growth?"
QUINTANILLA: The president said the other day "why can't there be 25% GDP growth." What is the street supposed to do with that kind of number?
— Aaron Rupar (@atrupar.com) 2025-12-16T14:25:07.615Z
HASSETT: Heh heh heh. As an abstract thought, I don't know what the highest growth ever is, but I doubt it made it to 20%
Alpeduez21
(2,008 posts)tblue37
(68,140 posts)tblue37
(68,140 posts)rampartd
(3,749 posts)could easily get astronomical IF inflation were at late confederacy levels but the decreased dollars are not reflected in the gdp (as in, the books being cooked by a master chef.)
this is why trump hates the federal reserve, and why the supremes will let him..
dalton99a
(92,051 posts)Attilatheblond
(8,267 posts)GOP policies, and in particular those of Trump who has many big donors to pay back for keeping him out of jail via the Netanyahu strategy, will not allow most of the population to survive let alone thrive.
Shifting the financial resources of a nation into very few hands will NEVER increase GPD long term. One would think a stable genius and business school whiz kid would know that.
IbogaProject
(5,608 posts)As wealthy people can't spend their money fast and locally the way wage earners do. The wealthy often just shuffle their money in their insular circle exchanging frivolous items like fine art, extra homes and the like. And they often spend much more slowly compared to paycheck to paycheck local.
ProfessorGAC
(75,838 posts)Let hyperinflation trigger, and for one week GDP growth will be 25%.
Geez, that sounds like a plan they'd actually come up with!
LetMyPeopleVote
(174,788 posts)Its widely understood that officials should under-promise and over-deliver. On economic growth, the White House has got it backward.
Interestingly enough, the highest GDP on record came in 1942, when domestic production roared at the start of World War II, and growth reached nearly 19%.
— Steve Benen (@stevebenen.com) 2025-12-16T14:54:17.591Z
Trump suggested last week that he could top that â because he doesnât know anything about economic policy: tinyurl.com/2uzdsfk7
https://www.ms.now/rachel-maddow-show/maddowblog/raising-the-economic-bar-far-too-high-trump-and-his-team-set-themselves-up-for-failure
No, Im just kidding. Theyve learned nothing and are making the exact same mistakes.
Lutnick: "I think under President Trump you're gonna see the economy grow 6%"
— Aaron Rupar (@atrupar.com) 2025-12-11T13:22:44.764Z
On Thursday morning, Commerce Secretary Howard Lutnick predicted that annual GDP growth in Trumps second term is likely to reach 6% a line hes pushed more than once in recent weeks.
As a rule, officials recognize the importance of under-promising and over-delivering, especially after having already failed. But Lutnick went there anyway.
A day earlier, at a White House event, his boss went considerably further.
Trump says he doesn't know why America can't achieve 25 percent annual economic growth
— Aaron Rupar (@atrupar.com) 2025-12-10T20:32:26.617Z
......Just as importantly, as a political matter, he has a reason not to raise expectations like this. If, for example, the U.S. had 3% GDP growth every year during his second term, that would be evidence of a healthy economy. But according to Trump and his team, it would also deserve to be seen as a disappointment, since Lutnick is pointing to 6% growth, while the president himself pitches 20% to 25% growth.
There is such a thing as expectation management. These guys are flunking it in embarrassing fashion.