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.
2019-04-17 11:34:00 Wednesday ET
Amazon CEO Jeff Bezos admits the fact that antitrust scrutiny remains a primary imminent threat to his e-commerce business empire. In his annual letter to A
2023-02-14 09:31:00 Tuesday ET
Eric Posner and Glen Weyl propose radical reforms to resolve key market design problems for better democracy and globalization. Eric Posner and Glen Weyl
2017-12-14 12:41:00 Thursday ET
Federal Reserve raises the interest rate by 25 basis points to the target range of 1.25% to 1.5% as FOMC members revise up their GDP estimate from 2% to 2.5
2019-07-19 18:40:00 Friday ET
We can decipher valuable lessons from the annual letters to shareholders written by Amazon CEO Jeff Bezos. Amazon is highly customer-centric because the wor
2019-01-11 10:33:00 Friday ET
The Economist Intelligence Unit (EIU) continues to track major business risks in light of volatile stock markets, elections, and geopolitics. EIU monitors g
2020-08-26 10:33:00 Wednesday ET
Through purposeful leadership, senior managers inspire teams to reach heights of both innovation and profitability with great brand identity and customer lo