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