President Donald Trump’s goal of 3 percent economic growth is somewhat unrealistic, CNBC’s Jim Cramer said on Tuesday.
In an interview with Fox & Friends that aired Tuesday morning, Trump said part of the money for a proposed increase in military spending would come from a revved-up economy.
“If I can get that up to 3 percent or maybe more, we have a whole different ball game,” he said.
During his election campaign, Trump pledged to deliver 4 percent annual GDP growth.
“It would be fabulous if we got there,” Cramer said on “Squawk on the Street.”
Cramer’s comment came ahead of Trump’s speech to a joint session of Congress Tuesday night.
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