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http://blogs.wsj.com/economics/2016/11/11/the-u-s-economy-president-donald-trump-will-inherit-in-11-charts/?mod=e2fb
Donald Trump is poised to inherit one of the longest-lived economic expansions since the World War II era. Barring any shock or sudden acceleration, the president-elect will also will take office during the weakest.
Throughout his campaign, Mr. Trump repeatedly promised faster growth. In a speech in Gettysburg, Pa., he outlined “an economic plan designed to grow the economy 4% per year and create at least 25 million new jobs through massive tax reduction and simplification, in combination with trade reform, regulatory relief, and lifting the restrictions on American energy.”
Here’s how the economy looks right now—the numbers will certainly change some before Mr. Trump’s January inauguration, but this offers a rough benchmark.
The economy has been growing for more than seven years, ranking the expansion the fourth-longest since 1949 (when quarterly data became available). If economic growth continues through Mr. Trump’s first term, it will be the longest.
click links for charts
Donald Trump is poised to inherit one of the longest-lived economic expansions since the World War II era. Barring any shock or sudden acceleration, the president-elect will also will take office during the weakest.
Throughout his campaign, Mr. Trump repeatedly promised faster growth. In a speech in Gettysburg, Pa., he outlined “an economic plan designed to grow the economy 4% per year and create at least 25 million new jobs through massive tax reduction and simplification, in combination with trade reform, regulatory relief, and lifting the restrictions on American energy.”
Here’s how the economy looks right now—the numbers will certainly change some before Mr. Trump’s January inauguration, but this offers a rough benchmark.
The economy has been growing for more than seven years, ranking the expansion the fourth-longest since 1949 (when quarterly data became available). If economic growth continues through Mr. Trump’s first term, it will be the longest.
click links for charts
