Thinking About Pro-growth Policy and Federal Budget Deficits

Thinking About Pro-growth Policy and Federal Budget Deficits

For the first time since the mid-1990s, there’s plausible reason to think the American economy could experience a sustained acceleration. Yes, it’s an AI story. As noted in “Artificial Intelligence and the Future of Work,” last year’s exhaustive National Academies report, Although it is notoriously difficult to predict the details of future impact, some estimates suggest as much as a doubling of the rate of growth in the U.S. gross domestic pro…