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Washington Underplays Job-Killing Wreaked By Spending Cuts

There has been a lot of talk in Washington recently about “job-killing tax increases.” Raising taxes, the argument goes, would lead businesses to hire fewer workers and stifle our already weak economic recovery. But I haven’t heard anyone talking about “job-killing spending cuts.” In macroeconomic terms, tax increases and spending cuts have qualitatively the same [...]
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Three Reasons Why We're Nowhere Close To A Recovery

Business & Finance : Business Insider: Money Game (3 years ago)

Fiscal stimulus doesn’t last forever. At some point, the economic boost from temporary increases in government spending and one-off tax cuts goes away, placing a greater burden on the private-sector to generate growth and create job... Read Post

IMF calls U.S. recovery tepid, warns of 'fiscal cliff' ahead

Business & Finance : Money & Co (2 years ago)

WASHINGTON -- Calling the U.S. recovery tepid, the International Monetary Fund warned that failure to halt the tax increases and big budget cuts set to hit next year could stifle the weak growth and damage "an already fragile world ... Read Post

Job-Killing Spending Cuts

Business & Finance / Taxes : TaxVox (3 years ago)

There has been a lot of talk in Washington recently about “job-killing tax increases.” Raising taxes, the argument goes, would lead businesses to hire fewer workers and stifle our already weak economic recovery. But I haven’t heard ... Read Post


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