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.
2017-09-03 10:44:00 Sunday ET
President Donald Trump has released his plan to slash income taxes for U.S. citizens and corporations. The corporate income tax rate will decline from 35% t
2020-02-02 11:32:00 Sunday ET
Our fintech finbuzz analytic report shines fresh light on the current global economic outlook. As of Winter-Spring 2020, the analytical report delves into t
2019-04-11 07:35:00 Thursday ET
European Central Bank designs its current monetary policy reaction function and interest rate forward guidance in response to key delays in inflation conver
2019-08-10 21:44:00 Saturday ET
McKinsey Global Institute analyzes 315 U.S. cities and 3,000 counties in terms of how tech automation affects their workers in the next 5 to 10 years. This
2020-04-03 09:28:00 Friday ET
The Intel trinity of Robert Noyce, Gordon Moore, and Andy Grove establishes the primary semiconductor tech titan in Silicon Valley. Michael Malone (2014)
2019-08-05 13:30:00 Monday ET
China continues to sell U.S. Treasury bonds amid Sino-U.S. trade truce uncertainty. In mid-2019, China reduces its U.S. Treasury bond positions by $20.5 bil