What China Can Teach Us About Economic Growth
- After the enactment of US tax cuts supposedly comes infrastructure spending.
- As experiences go, the latter is likely to be a bigger booster for economic growth.
- While the US economy actually doesn’t need any kind of stimulus right now, it does need better infrastructure.
- These plans would have been much better half a decade ago when the US economy had considerable slack.
Source: What China Can Teach Us About Economic Growth | Seeking Alpha
Tags: China · Economic Policy