Economists are lowering their expectations going forward because of unexpected gridlock.  Gridlock is the norm in Washington but with a Republican White House and Congress there was some hope that a lot would get done.  But the gridlock remains.  Too many competing agendas.

Where this leaves us is probably stuck in this slow, lower than 2%, growth.  That’s better than a recession, but if you are waiting for the economy to give an extra boost to business you are probably going to be waiting for a long time.  Better do it on your own.

Todd Kmiec

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