The Trump administration's economic plan, dubbed MAGAnomics, has the goal of growing the economy by 3 percent, and The Heritage Foundation is on board to help.
Mick Mulvaney, director of the Office of Management and Budget, recently wrote in the Wall Street Journal that the main focus of MAGAnomics is to “grow the economy and with it the wealth of, and opportunity for, all Americans.”
“If the Trump administration has one overarching goal, it’s to Make America Great Again. But what does this mean? It means we are promoting MAGAnomics – and that means sustained 3 percent economic growth” Mulvaney wrote.
The Heritage Foundation, a conservative research and educational institution, has signed on to help the White House achieve its economic aspirations through MAGAnomics, the institution reported. Mike Needham, Heritage Action's CEO; Salim Furth, the institution's macroeconomics research partner; and Steve Moore, Heritage's Institute for Economic Freedom associate, are working together to analyze President Donald Trump's economic plan.
“Having the opportunity to impact the Trump administration’s economic policy through its MAGAnomics working group is a tremendous opportunity. Our experts are ready to contribute ready-made, pro-growth proposals that will help MAGAnomics be successful,” Jack Spencer, vice president of Heritage’s Institute for Economic Freedom, said.
The Heritage associates involved in the White House project will work on narrowing its principles, some of which include tax reform, regulation and reduction; energy production; welfare reform; and free trade.