Mnuchin Says U.S. on Path for Four-Five Years of 3% Growth

The surge in the U.S. economy in the second quarter shows the U.S. is “well on the path” for four or five years of sustained annual growth of 3 percent, said Treasury Secretary Stephen Mnuchin -- an outlook at odds with many economists. “We can only project a couple years in the future, but I think we’re well on this path for several years,” Mnuchin said on “Fox News Sunday,” as President Donald Trump’s economic team fanned out across morning talk shows to cheer-lead the economy. The U.S. economy accelerated in the second quarter to the fastest pace since 2014, the government reported on Friday, allowing Trump to link the increase with his economic policies, including the biggest tax overhaul since the Reagan era and a push for deregulation.

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