Insights from the 2017-2018 US fiscal stimulus
(WorldNews Belgium)

Under President Donald Trump, American fiscal policy has turned into a more expansionary mode, in a context where the economy was already close to full employment. More specifically, at the end of 2017, the United States government decided to ease the tax pressure weighing on companies and, to a lesser extent, on households (the Tax Cuts and Jobs Act or TCJA). In addition, at the beginning of 2018, it made a commitment to boost government expenditure for 2018 and 2019...