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baselinescenario.com | ||
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conversableeconomist.com
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| | | | | It's intuitively obvious that "uncertainty" matters in economic decision-making. If the risks of making a choice--starting a company, making an investment, buying a house--look especially big in the present, then there is reason to postpone that decision. As a result, higher uncertainty can lead to a drop in economic activity. Thus, it's a concern that, | |
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www.soberlook.com
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| | | | | Those hoping for the US economy to accelerate in the second half - and many economists made that call early in the year - will be disappoi... | |
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www.greshm.org
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| | | | | Let's conduct a thought experiment. Imagine that the government is a black box whose internal workings are completely opaque to us. We know that this black box can add money to the economy through spending or remove money from the economy through taxation. But we have no idea why the government is administering fiscal policy (spending and taxing) the way it is. This thought experiment allows us to consider the effects of fiscal policy without becoming distracted by its underlying politics. | |
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ofdollarsanddata.com
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| | | Why future taxes are likely to be higher and what to do about it. | ||