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U.S. economy grows 2.9% in 2018, strongest growth since 2005

By Rick Manning

Date:

America in 2018 enjoyed the strongest economy since 2005, with 2.9 percent growth, validating President Donald Trump’s three-pronged economic policy. Cutting taxes, reducing regulations, and cutting out bad trade deals have proven to be the magic wand that is creating unprecedented job growth at what is typically the end of a positive business cycle. 

President Obama’s tax, regulatory and trade policies strangled America’s economy that is now just being unleashed. [The 2018] GDP growth number gives hope that the best is yet to come.         

Rick Manning is president of Americans for Limited Government (ALG). The organization says it is a “non-partisan, nationwide network committed to advancing free-market reforms, private property rights and core American liberties.” This op-ed is drawn from a press release the ALG issued on Feb. 28.

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