Daily Archives: January 2, 2013 @ 9:11 am (Wednesday)

Growth Impact from Yesterday’s Deal

Karim writes: The straight Keynsian impact (i.e., assume multiplier of 1) of the measures announced yesterday work out to a 1.25% drag on GDP, mostly felt in the first few months of the year. This reflects the payroll tax rise … Continue reading

Posted in GDP, Government Spending |