re: Goldman Sachs believes the US economy will slow to a crawl next year

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Trump will be terrible for stocks in 2017

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not an economic forecast and not from their macroeconomic forecasting unit

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Only a minor boost from tax cuts

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Tax cuts no big boost for economy

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both very much in line with the mainstream, and already appearing to be shown to be correct, if you actually take 5 seconds to look at what they actually said

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argued that Trump’s economic policies could bring about both higher inflation, more unemployment, and a slower economy—largely due to the president-elect’s promise to pair more spending with protectionism

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we argue that about excessive government spending all the time! protectionism necessarily does that as well, if it's effective.

but to the point of it being a bad prediction, that is part of a general criticism of trump's general plans from before he was even inaugurated.

so to recap, on the tax cuts, they're right so far, and weren't out on a limb to begin with. on the subject of this thread- their projections of growth in the economy- i'll note you didn't even bring an example of their past projections for comparison. and what they said about the eventual effects of increasing spending + protectionism are correct. you did link something that one of their units said about stocks which was wildly wrong- but sorry, the stock market isn't the economy. and this doesn't support your sweeping allegations about their projections for "the trump economy"

really, you just don't like the gdp numbers they project. like i said, they strike me as a tad too pessimistic too


ETA: i just realized, one of those articles you linked did show that they had a pretty decent projection for 2017 RGDP growth of 2.1%. Turned out to be 2.2%