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1、EconomicReportofthePresidentTogetherwithTheAnnualReportoftheCouncilofEconomicAdvisersFebruary2018xContentsEconomicReportofthePresident.......................................1TheAnnualReportoftheCouncilofEconomicAdvisers...................13Chapter1Ta
2、xesandGrowth........................................31Chapter2DeregulationThatFreestheEconomy......................73Chapter3LaborMarketPoliciestoSustaintheMiddleClass...........103Chapter4InfrastructureInvestmenttoBoostProductivity.............159Ch
3、apter5EnhancingU.S.TradeinaGlobalEconomy.................219Chapter6InnovativePoliciestoImproveAllAmericans’Health........279Chapter7FightingCybersecurityThreatstotheGrowingEconomy.....323Chapter8TheYearinReviewandtheYearsAhead...................387R
4、eferences......................................................449AppendixAReporttothePresidentontheActivitiesoftheCouncilofEconomicAdvisersDuring2017.........................515AppendixBStatisticalTablesRelatingtoIncome,Employment,andProduction.....
5、....................................527____________*ForadetailedtableofcontentsoftheCouncil’sReport,seepage21.?iiiEconomicReportofthePresidentxEconomicReportofthePresidentTotheCongressoftheUnitedStates:Inthepastyear,Ihavetakenseveralmajorstepstoimple
6、mentaneconomicagendathatchampionsprosperityandsuccessfortheAmericanpeople.Thisbeganwithtwocrucialpro-growthpolicies:massivetaxcutsandsweepingregulatoryreform.Thesehistoricaccomplishments,andmanyotherachieve-mentsinourfirstyear,haverestoredconfidencew
7、ithinourfamiliesandbusinessesthattheUnitedStatesis,andalwayswillbe,thegreatestplaceonEarthtopursueopportunity.IamproudtopresenttheeconomicagendamyAdministrationhasdesignedandbegunimplementingtoenableeveryAmericantobuildabrightfuture—toachievetheAmeri
8、canDream.TheAmericanpeoplehavelongbeenawaitinganeffectivepro-growthagendathatinspiresrobusteconomicactivity,spursinnovation,createsjobs,andimprovesfamilies’financialsecurity.TheFederalGovernment’seconomicpolicyinrecentdecades,however,hasbeenastoryofo
