Treasury Secretary Scott Bessent promised 3% growth and a 3% deficit-to-GDP ratio, targets that both speakers assess as 'highly unlikely to be met,' and growth is currently trending downward while the labor market weakens.
factualpending
Speaker
Neil FergusonEvidence Quote
“Scott Bessent said he was going to deliver uh 3% growth 3% of GDP deficit...both of those targets are highly unlikely to be met.”
Source
Niall Ferguson, Victor Davis Hanson and Stephen Kotkin: Three Historians Debate The Era of Trump— Hoover InstitutionCreated: 8/11/2026, 7:30:05 AM
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