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Trumponomics may be wrong medicine for US economy today

What country needs now, economists and Fed officials say, is small-bore surgery

Published Fri, Jan 20, 2017 · 09:50 PM

    Washington

    TAX cuts, deregulation and more federal spending advocated by the incoming Trump administration are a classic remedy for economic stagnation and long unemployment lines.

    But that medicine may be too strong for an economy that has grown for eight years, with wages now rising and the jobless rate near what many economists consider "full" employment.

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