Never have so many simulations been ignored in favor of faith in tax cuts. Here’s the CRFB’s run down on growth impacts from the tax legislation as passed.
Hence “the final bill [increases] average GDP growth by just 0.01 to 0.02 percentage points per year over a decade.”
I am glad to see that the unicorns and tooth fairies folks have not taken over the JCT (yet). (Here is one example of the “unicorn and fairy dust” crowd, who makes a reference to a mysterious organization called the “JTC”).