Sunday, December 17, 2017

(You dont encourage positive growth by deficit spending!- CDH)-   GOP betting that its fix for US economy will defy warnings

Paul Wiseman, AP Economics Writer
Associated Press17 December 2017
(Quote:'....Many employers are already complaining that they can't find enough qualified workers....' Thxs Ritual abortion murder on demand! CDH)-
How the GOP tax plan will impact the economy
Former Bush Council of Economic Advisers chair Glenn Hubbard and New York Times columnist and ABC News contributor Paul Krugman debate how the sweeping GOP tax plan will impact the economy on "This Week."
WASHINGTON (AP) -- The tax overhaul of 2017 amounts to a high-stakes gamble by Republicans in Congress: That slashing taxes for corporations and wealthy individuals will accelerate growth and assure greater prosperity for Americans for years to come.
The risks are considerable.

A wide range of economists and nonpartisan analysts have warned that the bill will likely escalate federal debt, intensify pressure to cut spending on social programs and further widen America's troubling income inequality.
Congress is expected to vote this week on the bill, the most far-reaching rewrite of the U.S. tax code sin https://sg.finance.yahoo.com/news/gop-betting-fix-us-economy-080110171.html https://sg.finance.yahoo.com/news/gop-betting-fix-us-economy-080110171.html

No comments:

Post a Comment