Snake Posted October 20, 2020 Share Posted October 20, 2020 Overall, the authors estimate that the Biden agenda, if fully implemented, would reduce full-time equivalent employment per person by about 3%, the capital stock per person by some 15%, and real GDP per capita by more than 8%. Compared to Congressional Budget Office estimates for these variables in 2030, this means there would be 4.9 million fewer working Americans, $2.6 trillion less in GDP, and $6,500 less in median household income. https://www.hoover.org/sites/default/files/research/docs/president_bidens_economic_agenda_hassett.pdf Quote Link to comment Share on other sites More sharing options...
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