Jeb!onomics Promises 4% Growth, Economists LOL!

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    Jun 19, 2015 4:29 PM GMT
    NYT: On Monday Jeb Bush says that if elected he would double America’s rate of economic growth to 4 percent. The truth is that nobody knows how to conjure up rapid productivity gains.

    To be more specific, the next time you encounter some conservative going on about growth, you might want to bring up the following list of names and numbers: Bill Clinton, 3.7; Ronald Reagan, 3.4; Barack Obama, 2.1; George H.W. Bush, 2.0; George W. Bush, 1.6. Yes, that’s the last five presidents — and the average rate of growth of the U.S. economy during their time in office (so far, in Mr. Obama’s case). Obviously, the raw numbers don’t tell the whole story, but surely there’s nothing in that list to suggest that conservatives possess some kind of miracle cure for economic sluggishness. And, as many have pointed out, if Jeb! knows the secret to 4 percent growth, why didn’t he tell his father and brother?

    http://www.nytimes.com/2015/06/19/opinion/voodoo-jeb-style.html?
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    Jun 19, 2015 6:03 PM GMT
    the article quoted him saying; "he said he picked a nice round number... 4%"

    we are going for the BIG 4%


    that is:
    4.00%
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    Jun 19, 2015 6:08 PM GMT
    pellaz saidthe article quoted him saying; "he said he picked a nice round number... 4%"

    we are going for the BIG 4%

    that is:
    4.00%

    And a chicken in every pot. icon_rolleyes.gif