August 14, 2019

ONLY DONALD CAN KILL THE OBAMACONOMY:

The cost of the "strong" U.S. economy  (Dion Rabouin, 8/13/19)

Despite massive amounts of money being pumped into the economy by both fiscal and monetary policy, U.S. growth is slowing, not accelerating.

Why it matters: Last year Congress signed a 2-year agreement to increase spending $300 billion, in part to pull the economy out of its slow-growth malaise following the financial crisis and put the U.S. back on track for 3% annual growth or higher.

But 2019's slowdown in GDP growth has shown that even hundreds of billions in deficit spending combined with trillions in tax cuts and bond buying aren't enough.

Posted by at August 14, 2019 6:05 AM

  

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