The whole game becomes a big bet that deficits — created by the government’s tax cuts and spending plans — will boost productivity growth.
FILE- In this June 15, 2016, photo, Ricky Foster gingerly carries a completed solar panel to a shipping case after inspecting and cleaning its surface at Stion, a solar panel maker in Hattiesburg, Miss. On Thursday, Feb. 15, 2018, the Federal Reserve reports on U.S. industrial production for January. (AP Photo/Rogelio V. Solis, File)President Donald Trump is conducting a risky experiment on the U.S. economy: He’s allowing the government to run large budget deficits — some of the largest ever outside wartime or recession — in the hopes that this will…
