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Aaron Sojourner
aaronsojourner.org
did:plc:mzmtoehujifw6wpzlz3hdpni
Contrary to popular impression, fiscal policy at all gov't levels is creating a DRAG on economic growth by -0.71 pp in annualized terms in 2024Q2, per Brookings.
The U.S. labor market remains strong despite braking by fiscal and monetary policy.
https://www.brookings.edu/articles/hutchins-center-fiscal-impact-measure/
2024-07-05T13:35:00.247Z