Sen. Tim Scott predicts the economy will ‘explode’ later this year

Sen. Tim Scott offered a very optimistic view of a post coronavirus economy and predicted tremendous growth in the second half of 2021. 


The South Carolina Republican offered the rosy outlook during a talk Thursday at the George W. Bush Presidential Center’s Forum on Leadership.

Asked about what would help America get back on its feet once the coronavirus pandemic ends, Scott talked about incentives for getting capital off the sidelines and a competitive tax structure. 

“We have to believe that the best is still to come, Scott said. “Too often we hear a lot of naysayers [and] a lot of doomsday predictions. 

“The truth is that we have overcome a civil war, the Jim Crow South. We’ve overcome the decline of the 1987 Black Monday. We’ve been able to overcome conflict in Korea, Vietnam [and] two world wars. Our nation is very resilient,” Scott continued.