Trump: U.S. GDP Can Grow as Much as 6% | NTK Network Trump: U.S. GDP Can Grow as Much as 6%

Trump: U.S. GDP Can Grow as Much as 6%

The president is setting ambitious economic goals for the country. His economy is already booming, but he's not satisfied.

By NTK Staff | 12.06.2017 @12:28pm

President Trump predicted that U.S. economic growth could reach as high as six percent at a Cabinet meeting on Wednesday, setting lofty goals for an already booming economy.

Speaking to the media before meeting with his Cabinet officials, the president praised American companies for opening new plants in the United States. “That means a lot of jobs,” he said.

Trump said that the federal government needs to do more, however, to foster a productive business environment. If they succeed, he added, economic growth could hit as high as six percent.

“I said [we could do 4 percent growth], people said that would be years. Well it turns out, I’m right because without the hurricanes, this last quarter we would have hit four percent,” he told the press. “I see no reason why we don’t go to four, five, and even six percent.”

The president emphasized that just one percentage point of economic growth would lead to trillions of dollars in the U.S. economy and millions of new American jobs.

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