Viewpoints
Opinion

Biden’s Budget Plan May Lead the US to Weaker Growth

Biden’s Budget Plan May Lead the US to Weaker Growth
A person looks inside the closed doors of the Pasadena Community Job Center in Pasadena, Calif., on May 7, 2020. Damian Dovarganes/AP Photo
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Commentary

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.

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