Introducing MAGAnomics
If the Trump administration has one overarching goal, it’s to Make America Great Again. But what does this mean? It means we are promoting MAGAnomics—and that means sustained 3% economic growth.
For most of our nation’s modern history, a healthy American economy meant one that grew at roughly 3.5%. That was the average growth rate between the late 1940s and 2007. Since then, it has hardly topped 2%.
The difference between those two growth rates is staggering. If the American economy had grown at only 2% between the end of World War II and 2000, average household income would have been roughly $26,000 instead of $50,000.
Over the next 10 years, 3% growth instead of 2% will yield a nominal gross domestic product that is $16 trillion larger, federal government revenues $2.9 trillion greater, and wages and salaries of American workers $7 trillion higher.
https://www.whitehouse.gov/the-press-offic...
For most of our nation’s modern history, a healthy American economy meant one that grew at roughly 3.5%. That was the average growth rate between the late 1940s and 2007. Since then, it has hardly topped 2%.
The difference between those two growth rates is staggering. If the American economy had grown at only 2% between the end of World War II and 2000, average household income would have been roughly $26,000 instead of $50,000.
Over the next 10 years, 3% growth instead of 2% will yield a nominal gross domestic product that is $16 trillion larger, federal government revenues $2.9 trillion greater, and wages and salaries of American workers $7 trillion higher.
https://www.whitehouse.gov/the-press-offic...
Definition of maga
plural -s ..............: a member of the priestly caste among the Sauras of India
Definition of economics
1a : a social science concerned chiefly with description and analysis of the production, distribution, and consumption of goods and services
I know that deaconHarrySiebraTillgusBSBTOLDkimmyJohnsons....DONT like my writingStyle
and jenFa was my BIA inspiration....by way of katherineMartaMozell
BUT......... LOOKS like 2017 USA Executive Branch of trump$ette.....Is LEARNING....
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What Does MAGA Mean? (Using MAGA Online)
MAGA means "Make America Great Again", which was the 2016 campaign slogan for then presidential candidate Donald Trump.
Of note, the acronym MAGA has given rise to terms such as MAGAnomics, which refers President Donald Trump's strategy for improving America's economy.
BUT it should be spelled.....
magaEconomics