Sounds like someone is about to be disappointed
I have long assumed that the administration and Republicans would abandon fiscal discipline in favor of a growth-boosting strategy but I'm starting to think otherwise.
The only rise in spending appears to be going to the military while the supposed infrastructure super-fund is looking like a bust.
At best, a tax cut is on the horizon along with deregulation but does that add up to +3% growth? That's tough to envision, especially given the hawkish leanings at the Fed.
