Fed Projects Growth of 2.1% This Year

Here is the Federal Reserve’s latest projection for economic growth over the rest of Donald Trump’s presidency:

Trump is the only human being on the planet who believes that growth will be over 3 percent this year. It’s true that his staffers are playing along, but only because there’s no other way to remain employed in Trump’s White House. I don’t think even they’re quite dumb enough to actually believe what they’re saying.

Trump, though, is a different story. I have no doubt that he believes. It’s what the voices in his head tell him, after all.

BEFORE YOU CLICK AWAY...

Trump is clamping down on the media—using lawsuits, lies, intimidation, and a thuggish Federal Communications Commission. Corporate media are caving, but Mother Jones won’t back down. To help us stand strong, a generous board member has chipped in a $50,000 digital matching gift. Help us make the most of it before the deadline!

Until midnight TONIGHT, every contribution will be matched dollar-for-dollar.

We have nearly 50 years of experience standing up to bullies. Government intimidation, nuisance lawsuits, threats to our nonprofit status—we’ve seen it all. Yet because we’re supported by a community of readers like you, we’re still here and still reporting like hell. Please stand with us. Every dollar you give will go twice as far.

payment methods

BEFORE YOU CLICK AWAY...

Trump is clamping down on the media—using lawsuits, lies, intimidation, and a thuggish Federal Communications Commission. Corporate media are caving, but Mother Jones won’t back down. To help us stand strong, a generous board member has chipped in a $50,000 digital matching gift. Help us make the most of it before the deadline!

Until midnight TONIGHT, every contribution will be matched dollar-for-dollar.

We have nearly 50 years of experience standing up to bullies. Government intimidation, nuisance lawsuits, threats to our nonprofit status—we’ve seen it all. Yet because we’re supported by a community of readers like you, we’re still here and still reporting like hell. Please stand with us. Every dollar you give will go twice as far.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate