Lutnick predicted 5% growth. Reality says 2%.
Four months ago Lutnick was confident about explosive GDP growth. Instead we got 2% while Iran war inflation spiked to 3.2%.
This is what happens when you staff the economy with true believers in their own hype instead of people who know what they're doing.
The US GDP has slowed to only 2% in the first quarter of 2026. This comes as Trump's war in Iran has skyrocketed prices and spiked the inflation rate to 3.2%.

Source
x.com