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Faster economic growth may be Trump's mission impossible

Published Tue, Nov 15, 2016 · 09:50 PM

DONALD Trump, it seems, embraces the old dictum: "Make no small plans". Already, he has published an agenda for his first 100 days in office, recalling Franklin Roosevelt's launching of the New Deal.

Not surprisingly, near the top of the president-elect's to-do list is a pledge to raise economic growth from its recent desultory rate of 2 per cent a year to 4 per cent - through massive tax cuts, the relaxation of government regulations and measures that curtail imports.

Who might frustrate Mr Trump?

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