Trump Budget Uses Nonsense Growth Estimates

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Right now is no time to come up short. It's time to fight like hell for a democracy where minority rule cannot impose an extreme and cruel agenda, where facts matter, and where accountability at the polls and in the press has a fighting chance. We have our work cut out for us, and we still need to raise upwards of 400,000 by June 30 to give it everything we can. Please help:

I didn’t waste any time yesterday looking at the economic assumptions in the president’s budget, but it turns out they’re pretty spectacular:

For no particular reason, Trump has instructed that growth over the next ten years will be 3 percent—so that’s what his economic advisers gave him. It’s not uncommon for budget documents to fudge a little bit, perhaps assuming an optimistic 2.3 percent growth instead of the consensus 2.1 or 2.2, for example. But Trump’s budget is just straight science fiction. There’s no longer even a pretense of using consensus figures.

Just for comparison, the CBO projects an average growth rate a full percentage point lower than the Trump White House. The IMF is a shade lower over the next five years. The World Bank agrees.