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After a decade of deficits, New Brunswick’s Liberal finance minister says the government will produce more red ink when she delivers the provincial budget Tuesday. 513 more words
Yesterday saw the IMF join the chorus expecting better economic times ahead.
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The cyclical upswing underway since mid-2016 has continued to strengthen. Some 120 economies, accounting for three quarters of world GDP, have seen a pickup in growth in year-on-year terms in 2017, the broadest synchronized global growth upsurge since 2010…….Global growth for 2017 is now estimated at 3.7 percent, 0.1 percentage point higher than projected in the fall.
Popular Economics Weekly
Those were President Trump’s words on the $3.2 trillion in tax cuts enacted by the Republican majority congress before Christmas. “These are the biggest tax cuts in history, even bigger than President Reagan’s.” He’s right that they will be wonderful for corporations, and the highest income earners, but not for most of U.S. 500 more words