“Jack Yoest, professor of Management at The Catholic University of America, comments on 3.0 percent GDP growth.
What is the magic number for presidential leadership? Three.
3.0 is the benchmark of healthy, sustainable growth for the Gross Domestic Product. The president does not manage, does not command the economy, of course. But president Trump inspires confidence.
The Trump administration is working to limit regulations and taxes which acted as obstacles to expanding businesses. There is less risk and fewer costs and more optimism. Job creators and consumers are betting on a better tomorrow under this government.
No matter what a business manager’s political leanings, leaders now have confidence that they can get a better return investing in their businesses than parking cash in a bank. Businesses now, for the first time in eight years, have confidence in our economy.”