Dec 14, 2018
11:00:45am
11:00:45am
Increased deficit spending does, which can take the form of tax cuts combined
with stable or increased government spending. But this is a short-term impact, which is why many governments around the world resort to it in times of economic weakness, to get through a recession.
If you cut government spending at the same time that you cut taxes, then the short-term impact to GDP growth is close to zero in the short-term, but is usually positive in the long term.
If you cut government spending at the same time that you cut taxes, then the short-term impact to GDP growth is close to zero in the short-term, but is usually positive in the long term.
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- chilango
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In the 23 months since Trump's inauguration, the S&P has yielded an average annual return of 7.9%. Below the S&P's
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