Thursday, November 17, 2011

CBO On Obamanomics: A Net Negative

SESSIONS: And in the next 10 years, since you’re carrying that debt and paying interest on it and the stimulus value is long since gone, it would be a continual negative of some effect? 
ELMENDORF: Yes, it would represent a drag on the level of GDP beyond that, if no other actions were taken.

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home