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an economy based on taxes fails ?
Government spending touches every aspect of the economy, and disruption of spending, more than the direct loss of income, threatens to damage investor and business confidence in ways that can seriously harm economic growth,” LeBas said yesterday in an interview.
The Fed on Sept. 18 unexpectedly refrained from reducing the $85 billion pace of bond purchases intended to boost growth, saying it needs more time to assess the economy’s progress. Federal Reserve Bank of New York President William C. Dudley said last week the budget showdown in Washington is among the risks to the outlook.
Shutdown Will Cost U.S. Economy $300 Million a Day, IHS Says - Bloomberg
Government spending touches every aspect of the economy, and disruption of spending, more than the direct loss of income, threatens to damage investor and business confidence in ways that can seriously harm economic growth,” LeBas said yesterday in an interview.
The Fed on Sept. 18 unexpectedly refrained from reducing the $85 billion pace of bond purchases intended to boost growth, saying it needs more time to assess the economy’s progress. Federal Reserve Bank of New York President William C. Dudley said last week the budget showdown in Washington is among the risks to the outlook.
Shutdown Will Cost U.S. Economy $300 Million a Day, IHS Says - Bloomberg