Could US GDP growth hit 5% this year? | 03 Feb 2026 | Capital Ideas | Capital Group
Stimulus measures should boost consumption
" Numerous government stimulus measures are already in place — from tax cuts included in the One Big Beautiful Bill Act, to retroactive tax refunds, to massive tax breaks and subsidies for companies that agree to move their manufacturing operations to the United States. More recently, the president has championed the idea of “tariff dividends” for US citizens under certain income thresholds, though such a move typically requires an act of Congress."
"We know from the pandemic years that if you give US consumers money, they will spend it. Americans aren’t too keen on saving. Larger tax refunds are expected to put an extra US$100 billion into the hands of consumers this year, much of it landing in bank accounts at the start of the summer vacation season."
-Jared Franz (Capital Group)
References
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