The US Economy poised to grow faster in 2017
"Apart from the above national security challenges and protectionist threats, most “reset” buttons for the United States economy point towards higher growth. This is mostly due to a major change in outlook as well as in the ideological bent of the designated cabinet members of the incoming administration. With the cost of regulation likely to fall in the U.S., and the cost of corruption likely to increase across the globe, the U.S. will become a more attractive place for investments."
"A 2014 with market-based health care and immigration reform, with freer trade and a sounder monetary policy would lead to a very happy new economic year. But I am not so optimistic. I expect that president Obama and his administration will try to make their health proposal work at all costs. I doubt that think tanks will be able to make much progress against the Fed and the powerful interest that rely on their policies. Immigration remains so contentious, that progress will be difficult. The US-EU trade treaty has more chance for progress. Let’s celebrate anyway a new year and join the effort of think tanks trying to liberate the entrepreneurial spirit from so many government shackles."