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It's official: Trump's tax cuts were an economic bust

Business Insider - 1 Feb 2020 16:48
It's official: Trump's tax cuts were an economic bust US GDP grew by 2.3% in 2019, well below President Trump's promise of 3% growth. The most recent GDP number also proved that the tax cuts championed by Trump and the GOP did nothing to substantially boost the economy. Anyone who looked at history or has some knowledge about economics knew this would be the case. Jared Bernstein is a senior fellow at the Center on Budget and Policy Priorities. Bernstein served as the chief economist and economic adviser to Vice President Joe Biden. This is an opin...
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