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Give the private sector free rein: Lessons for South Af...


Roelof Botha is the economic adviser to the Optimum Investment Group.
According to the IMF, the world’s largest economy is expected to grow at 7% this year, a substantial upward revision from its April forecast of 4.6% growth. The fund also raised its 2022 forecast for GDP growth in the US to 4.9%, up from 3.5% previously.
These predictions are marginally more optimistic than those of the Congressional Budget Office (CBO), which were also announced on 1 July. This office, which is nonpartisan, predicted the economy would grow at 6.7% in 2021, which would be the fastest annual growth in the United States in 37 years and significantly higher than the forecasts of three months ago. ....

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