By next year, the US economy may be doing so badly, at least according to a report published on Thursday by the nonprofit Next Big Futures.
In its annual State of the Economy report, the think tank said that in 2020, it was unlikely the economy would reach its long-term economic potential.
That is, the country would not be able to grow faster than it is now.
While this is a sobering outlook, it is not as dire as some other economists have been predicting.
According to a Bloomberg report from April, the economy will grow 1.3 percent in 2020 and 1.9 percent in 2021.
By 2024, it could grow at a rate of 2.5 percent, according to the report.
However, economists are also skeptical about the outlook for the next decade.
The Trump administration has been trying to push through a tax cut bill that would add $1.5 trillion to the national debt, while simultaneously slashing programs such as the Food and Drug Administration and the Environmental Protection Agency.
Many economists believe the tax cut will ultimately fail, and that the nation will need to use other revenue streams, such as interest on the debt, to boost the economy.
Meanwhile, some analysts are already predicting a recession in the first half of the century.
The economic outlook is bleak for 2020 and beyond, but it is also possible the economy could actually grow by 3.5 or 4 percent, Next Big Finance wrote in the report, which was released in advance of the US presidential election.
That would be the first time in more than a century that the US has grown in the opposite direction.
The report comes as Republicans continue to rally behind the candidate who they believe can win over disaffected voters.
Trump’s candidacy has galvanized Americans in a way they haven’t been since the 1930s, when President Franklin D. Roosevelt was in office.
While Trump is still seen as a polarizing figure, the election has given Republicans a chance to finally unite around the man who has galvanised their party.