Under Obama average GDP growth has been almost twice as high as under his predecessor, but roughly half that of either President Reagan or Clinton. Less appreciated, however, are the fundamental long-term weaknesses in the U.S. economy that Obama and Bush have left for Trump. Trump, he notes, is “sending a powerful message to workers that they matter and he will fight for their interests. And the general population, however deeply divided, seems more optimistic than in previous years, which could further stimulate the economy. This could reinforce the notion that Trump’s hectoring of executives, and pushing economic nationalism, could prove effective in creating broad based economic growth for the emerging post-globalization era.

Source: Forbes January 13, 2017 18:18 UTC