The old recipe of tax cuts, deregulation and fiscal austerity does little for growth.Bloomberg View
Supply-Siders Still Push What Doesn't Work
Noah Smith
The old recipe of tax cuts, deregulation and fiscal austerity does little for growth.Bloomberg View
2 comments:
We'll see....
http://www.zerohedge.com/news/2017-01-27/barack-obama-now-only-president-history-never-have-year-3-gdp-growth
"An average annual GDP growth of 1.48% during Obama's two terms"
So if the GOP does the usual trickle down thing with the tax cuts and increases in their preferred fiscal areas and blah blah blah and then GDP growth goes back above 3% where does that leave it?
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