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Tuesday, May 03, 2016

The Political Consequences of Slow Economic Growth

I have a new column:

How Slow Economic Growth Could Thwart a Clinton Presidency : Much has been written about the economic consequences of the slowdown in economic growth in recent years, but what about the political implications? If the slowdown continues, and there is reason to believe that it will, how will it affect the ability of the next president to implement his, or more likely her, economic agenda?
If Hillary Clinton wins in November and economic growth remains low, the call from Republicans for tax cuts will become louder than it already is. ...
If growth remains low we will also hear much more about how government regulation is stifling business activity. ...

And so on (it's already started, John Cochrane, calling for deregulation "While the current presidential front-runners are not championing economic growth, House Speaker Paul Ryan and other House members are.").

    Posted by on Tuesday, May 3, 2016 at 07:05 AM in Economics, Fiscal Times, Politics | Permalink  Comments (31)


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