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Trump Comparing US Economy to India and China Doesn't Add Up, Experts Say

Trump Comparing US Economy to India and China Doesn't Add Up, Experts SayDonald Trump’s suggestion that the U.S. economy is “stagnant” because it is growing more slowly than the economies in India and China tells half a truth, economists said. Trump is right that the U.S. economy is expanding at a slower clip than India’s, whose gross domestic product increased by 7.6 percent in 2015, or China’s, which grew by 6.9 percent, according to World Bank figures. Taken at face value, the comparatively low rate of growth in the U.S. compared to that in India and China could shock.

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President #Trump: U.S. dollar is "getting" too strong - CBS News https://t.co/dgXYXgHi36 #dollar https://t.co/iSWPww2cBR - 2 months ago
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