Mick Mulvaney: Three percent growth rate “normal for the history of the country”

Mick MulvaneyWe have been attacked, stunningly, by some folks on the left and even in the mainstream who say that that’s an unreasonable assumption.  We should stop and think how absurd that is to think that 3 percent growth in an American economy is to some people an absurd assumption.  It used to be normal.  Ten years ago it was normal.  In fact, it’s been normal for the history of the country.  I think the average over the 240-odd years that we’ve been a country has been over 3 percent.  It’s certainly been over 3 percent since World War II.

—OMB Director Mick Mulvaney

Press Briefing on the FY2018 Budget,  May 23, 2017

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