This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact The Epoch Times Reprints.
The first thing any economist should do when reading a budget proposal is analyze the basic macro assumptions and the results presented by the administration. When both are poor, the budget should be criticized. This is the case for the Biden budget plan.