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Do Larger Budget Deficits Stimulate Spending? Depends on Where the Funding Comes From

Monday, November 21, 2016 13:09
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(Before It's News)

There may be rational reasons why the U.S. equity markets rallied in the wake of Donald Trump’s presidential election victory. But an expectation of faster U.S. economic growth due to a more “stimulative” fiscal policy is not one of them unless the larger…

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