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Tag: Deficit reduction in the United States

Tag Archives: Deficit reduction in the United States

14Mar/23

Budget 2023: government needs to show it can jack up growth to regain economic credibility

March 14, 2023EconomyAcademic disciplines, Ant Clausen, Creative Commons, Deficit reduction in the United States, Economics, Economy, Inflation, Jeremy Hunt, Rishi Sunak, Steve Schifferes, Tax, Unemployment, United Kingdom, United States federal budget, Universal Creditadmin

Steve Schifferes, City, University of London

UK chancellor Jeremy Hunt’s spring budget is a tricky one in terms of timing. Having announced a set of steadying measures in the autumn statement after the Truss/Kwarteng debacle, this budget is likely to be the last but one before a 2024 general election. This makes it a little early for eye-catching tax cuts or business boosts.

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24Sep/22

Mini budget: will Kwasi Kwarteng’s plan deliver growth?

September 24, 2022EconomyCreative Commons, Deficit reduction in the United States, Economic growth, Economy, Economy of the United Kingdom, Government, Kwasi Kwarteng, Presidency of Barack Obama, Reaganomics, Steve Schifferes, Tax, THE BANK OF ENGLAND, United Kingdom, United Kingdom national debtadmin

Steve Schifferes, City, University of London

The UK economy has been dogged by slow growth for a long time. Combined with even slower growth in productivity, it has meant virtually no increase in living standards for the average family over the past decade.

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