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Can GDP Growth Outpace Spending in Order to Reduce the Deficit?
- June 28, 2010
- Posted by: Ted Bullen
- Category: Economy, Government, News
No CommentsNo. That means that increased taxes and austerity measures are on the horizon, though such action is beyond the policy and historical practices of our government. Yesterday, the G20 published a communiqué endorsing a goal of cutting government deficits in half by 2013 and reducing the ratio of public debt to gross domestic product by