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The State of the Economy

City Journal Audio

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What's the Importance of the Bill Back Better Bill?

The current version of this bill, the bill back better, its front loaded. It runs up deficit spending between now and the mid 20 twenties on programms like child care,. universal preqe, renewable energy. There's there's an entire progressive grab bag included in it. The other thing is that a lot of this legislation is still paying people not to work. And we already have a labor shortage in this country. That just compounds the supply side of this thing, even as it exaggerates the demand side.

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