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US’s Reagan-era economic promises return as Trump’s AI-fueled growth fantasy

‘Even if AI supercharged the economy, its impact on the government’s finances would be muted’ Back through political history to the age of Ronald Reagan , Republicans have repeatedly promised the US public that tax cuts would pay for themselves, firing up economic growth and filling the government’s coffers. The promise never really panned out. From the Gipper’s day on, the Republicans’ tax cuts inevitably…

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US’s Reagan-era economic promises return as Trump’s AI-fueled growth fantasy
تصویر: The Guardian Business

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‘Even if AI supercharged the economy, its impact on the government’s finances would be muted’ Back through political history to the age of Ronald Reagan , Republicans have repeatedly promised the US public that tax cuts would pay for themselves, firing up economic growth and filling the government’s coffers. The promise never really panned out. From the Gipper’s day on, the Republicans’ tax cuts inevitably…

قابلِ اعتماد اداروں کی تازہ خبریں مختصر خلاصوں کے ساتھ دیکھیں۔ تفصیل کے لیے اصل ماخذ کا ربط کھولیں۔

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