For merely suggesting that we can get back to that level [3 percent annual growth], the administration has been criticized as unrealistic. That’s fine with us. We heard the same pessimism 40 years ago, when the country was mired in “stagflation” and “malaise.” But Ronald Reagan dared to challenge that thinking and steered us to a boom that many people thought unachievable.
…
If we enact the president’s broad agenda—if MAGAnomics is allowed to work—we will have set the stage for the greatest revival of the American economy since the early 1980s.
It will remind people—including those who have forgotten, or those who don’t want you to remember—what a great America means.
— OMB Director Mick Mulvaney
Introducing MAGAnomics, Wall Street Journal, July 12, 2017
See also:
Mick Mulvaney: Obama administration first ever to not have a 3 percent growth rate
Mick Mulvaney: Three percent growth rate “normal for the history of the country”
Econofact: Can the U.S. Economy Sustain 3½ to 4 Percent Economic Growth?
NPR: Is It Realistic? Trump Budget Relies On 3 Percent Economic Growth
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