Constant debate surrounds the record government deficits from 2008 onward. Should action be taken now to reduce the deficits? If so, should it be spending cuts, tax increases, or both? Or, is further economic stimulus needed even if it implies a growing deficit? On the one hand, the deficits are adding to a mammoth and exploding government debt. This debt could lead to inflation. Professor Rosensweig will address the implications of debt accumulation and possible inflation for investors. On the other hand, the economy and particularly the job and housing markets remain stagnant. Could actions to cut the deficit, such as tax increases, derail economic growth? Policymakers are faced with difficult choices and Rosensweig will analyze the impact of such choices on investors and business leaders.
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