White House economist expects US to see ‘highest growth’ ever in 3rd quarter

Posted by on May 22, 2020 1:13 pm
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Categories: US National Stories

White House economists say they believe the third quarter of 2020 will be the best in US history — channeling new optimism as states reopen following coronavirus lockdowns. Kevin Hassett, a senior adviser to President Trump, told reporters on Friday that he expects US GDP to drop by about 40 percent in the second quarter…