Jesús Arturo Devesa

Economist , MBA

 

Impact of Fiscal deficit reduction policies over economic sectors

Ideas for congressmen and senators.

A Way to reduce the fiscal deficit.

In our research between 1960 and 2010 and statistics for the last 50 years in developed countries show us data indicating that tax cuts, deregulation and free trade create economic growth, economic crisis, income inequality and overall wealth.

The same data shows that expensive social program, budget deficits and higher taxes create stagnation, stabilization, income equality and overall poverty.

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