Brief Why economic growth isn't enough to fix budgets
C. Eugene Steuerle
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Failure to understand the causes of today's historic budget impasse will stymie those budget reformers tempted to believe we can use the traditional pro-growth strategy to get our fiscal house in order. Our elected officials are in a bind: past legislatures have already spent much of the revenues that economic growth will provide.
Research Areas Economic mobility and inequality
Tags Fiscal policy