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Growth Fact #10 of 10
The editors of The 4% Growth Project asked Bush Institute Growth Fellow Ike Brannon to look into 10 things that would happen if the U.S. economy grew at 4% each year in real terms for 10 years. We will unveil one growth fact each week. Growth Fact #10 of 10: If the economy grew at 4% per year, U.S. households would be able to buy an extra $8 trillion worth of goods and services in the next decade.[i] This amounts to over $70,000 per household, or the equivalent of a year’s income for the median household.
TARIFF-IED: Trade Talk with Matthew Rooney
Bush Institute-SMU Economic Growth Initiative Director Matthew Rooney breaks down the trade conflict with India.
How Trade Spreads Holiday Cheer
It is projected that the average American household will spend more than $1,000 during the holidays this year.
Deporting Salvadorans May Lead to Economic Decline
We should think carefully about a policy whose major impacts are likely to be reductions in employment and economic activity here at home, and increased instability and lawlessness along our borders.