Trump’s budget is war on the future of the American economy—commentary

CNBC | on Fri, Mar 17, 11:34 AM

President Donald Trump's debut budget proposal[1] is a stark declaration of war on the future of the American economy that substitutes a curious mix of ideology and blind nostalgia for any effort to think critically about the actual needs of a 21st-century nation. The war starts with reducing spending — even though an aging population, plus the government's role in inherently labor-intensive activities like education and long-term care, militates overwhelmingly in favor of a somewhat larger r...

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