2018-01-06 07:32:00 Sat ET
technology social safety nets education infrastructure health insurance health care medical care medication vaccine social security pension deposit insurance
Subsequent to the Trump tax cuts for Christmas in December 2017, the one-year-old Trump presidency now aims to make progress on health care, infrastructure, social welfare, and immigration in 2018. First, President Trump proposes to repeal-and-replace Obamacare in due course. He also seeks to reduce drug prices and other medical costs for the typical American. Second, the Trump team proposes $1 trillion infrastructure investments in numerous major American states and cities. This campaign promise serves the best interests of workers with less educational attainment and more labor intensity. Third, the Trump administration seeks to roll out an executive order to mandate a holistic review of federal safety net programs. These programs encompass food stamps, Medicaid incentives, and residential housing benefits etc. Fourth, President Trump keeps an ambivalent attitude toward immigration issues such as illegal immigrant deportation and foreign child deferral. All this government intervention helps alleviate social welfare concerns. From an economic perspective, it is a bit difficult to see how the Trump administration can fund these reforms without some form of fiscal discipline. In the next few years, tax cuts trump trade, whereas U.S. real GDP economic growth has to rise to 3%-3.5% for fiscal stimulus to trickle down to the typical American household.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2018-12-17 08:43:00 Monday ET
Apple files an appeal to overturn the recent iPhone sales ban in China due to its patent infringement of Qualcomm proprietary technology. This recent ban of
2019-10-09 16:46:00 Wednesday ET
IMF chief economist Gita Gopinath indicates that competitive currency devaluation may be an ineffective solution to improving export prospects. In the form
2018-11-11 13:42:00 Sunday ET
Michael Bloomberg provides $80 million as campaign finance for Democrats to flip the House of Representatives in the November 2018 midterm elections, gears
2018-05-04 06:29:00 Friday ET
Commerce Secretary Wilbur Ross suggests that 5G remains a U.S. top technology priority in light of the telecom merger proposal between Sprint and T-Mobile a
2018-10-17 12:33:00 Wednesday ET
The Trump administration blames China for egregious currency misalignment, but this criticism cannot confirm *currency manipulation* on the part of the Chin
2026-10-31 12:38:00 Saturday ET
Today tech titans and billionaires continue to reshape global pharmaceutical investments for both better healthspan and longer lifespan. We discuss, desc