Big Government, Economics, Trump

GOP Tax Plan Predicated on 5% GDP Growth

Let this sink in for a second.  As the GOP pushes its terrible no good very bad tax plan, all assumptions for its impact on the economy and the national debt assumes 5% GDP growth year over year.

The chart below represents the last 5 years of the economy.  Notice anything problematic with a 5% growth rate prediction?historical.png

Since no one is economically literate in this country any more, don’t expect to hear this on the talking head networks or from your dumb uncle on Facebook.

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