Edward Conard

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Upside of Inequality Unintended Consequences Oxford
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Edward Conard

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Productivity Growth Fell Sharply After Democrats Asserted Unencumbered Control Over the Government

Democrats blame workforce demographics for the slow recovery, but productivity growth fell sharply to 0.7% per year after Democrat’s asserted unencumbered control over the government down from 2.5% per year over the prior 25 years. The CBO estimates that each 0.1% increase in productivity growth decreases the deficit by $273 billion after 10 years. https://www.cbo.gov/publication/52524

Business Sector Productivity Growth

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