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The content of this article is based on the 2018 The Global Competitiveness Report which you can find here: http://www3.weforum.org/docs/GCR2018/05FullReport/TheGlobalC...
So there's a handy table in that document that shows all the rankings and notes that the US position hasn't moved in the past year, how is this article even a thing?
That economic growth came at a pretty severe cost though. The budget deficit blew out by 17% in 2018 as a result of the tax cuts.
I wonder who will be left to pay for the deficit when all is said and done?
That economic growth came at a pretty severe cost though. The budget deficit blew out by 17% in 2018 as a result of the tax cuts.
I wonder who will be left to pay for the deficit when all is said and done?
Earlier quoted context omitted.
I wonder who will be left to pay for the deficit when all is said and done?
There is news about this today. McConnell is demanding that the Democrats work with Republicans to cut entitlement programs. Even though they control all three branches and are the ones who passed the very expensive tax cuts.
That economic growth came at a pretty severe cost though. The budget deficit blew out by 17% in 2018 as a result of the tax cuts.
Look at relative debt to GDP ratio rather than absolute numbers.
Earlier quoted context omitted.
There is news about this today. McConnell is demanding that the Democrats work with Republicans to cut entitlement programs. Even though they control all three branches and are the ones who passed the very expensive tax cuts.
This was by design. Reduce income and leave no choice but cut spending.
Earlier quoted context omitted.
I wonder who will be left to pay for the deficit when all is said and done?
There is news about this today. McConnell is demanding that the Democrats work with Republicans to cut entitlement programs. Even though they control all three branches and are the ones who passed the very expensive tax cuts.
Aside from cultural issues like abortion the Republican agenda seems so far removed from what their constitancy needs it's hard to fathom.
The next time Democrats are in control you'll be sure to see GOP complaints that the defecit is a problem and entitlements should be on the chopping block.
That economic growth came at a pretty severe cost though. The budget deficit blew out by 17% in 2018 as a result of the tax cuts.
Look at relative debt to GDP ratio rather than absolute numbers.
That economic growth came at a pretty severe cost though. The budget deficit blew out by 17% in 2018 as a result of the tax cuts.
Look at relative debt to GDP ratio rather than absolute numbers.
And I am more concerned whether the tax cuts delivered an effective ROI.