US economic growth rate may touch 5% level - Trump's new plan on merit-based system

 US economic growth rate may touch 5% level

US economic growth rate may touch 5% level - Trump's new plan on merit-based system

 

US President Donald Trump  said that the economic growth rate of the economy can touch the level of five percent by improving the economy and employment generation from new factories. At present, the US growth rate is 3.2 percent. Trump speculates that during his second term, the US economic growth rate could cross the 5 percent level.

The first four-year term of trump is being completed in January 2021 Tnrup said that we are going beyond this, but it can happen in the second term. To secure the second term for Trump, the Presidential election of 2020 will be won. Trump, while addressing supporters after the foundation stone of Foxcon's factory, said that if you think that we have made such progress in the last one-and-a-half years, which has led us to the position that we are moving forward. Nobody has ever seen anything like this.

You see GDP figures. We started at a very low level and reached 3.2 percent today. He said that but I think it will go even higher than this. We have touched at 3.2 percent level and I think we are going to see the level of four percent or the level of five percent.

Trump's new plan on merit-based system

President Donald Trump said that he wants foreign workers to come to America through qualifications or skill-based immigration system so that the demands of American companies can be met. The highest impact of the current immigration system is on the Indo-US, which mainly comes to the United States on H-1B work visas. Most of these are highly skilled professionals.

This is the worst impact on the local housing or green card allocation with seven percent per country quota. Trump told reporters in the White House during the lunch with American lawmakers, "I want people to come to our country because our country is doing well. The number of our companies is increasing in the country and there is no such boom in the long run. See, we need workers, so, I want people to come here.

They should come through a qualification based system. He said that the workers will have to come here so that they can help our country and companies. After the Supreme Court's decision, Trump said this in response to a question related to the immigration case. Actually, the Supreme Court of the United States has kept the decision of the trump to ban people traveling from eight Muslim majority countries.

Trump said that he is not against people coming to America but they want to make it clear that they should come legally through a qualifying system. Experts believe that this step will benefit countries such as India