Economic Outlook with Steve Scranton

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By Megansoto in Business
Updated 3 years ago

When you have fiscal policy spending that is close to 11% of GDP in 2021, it is difficult to not make a case that economic growth should be strong this year, and potentially very strong. Congress and the Administration appear to be attempting to give the economy a massive boost to spending with the hopes that it carries forward into sustainable growth for the future. This is similar to a jet fighter hitting the afterburners to boost speed.

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