Reported 3 months ago
Gary Cohn, former director of the US National Economic Council and vice chairman of IBM, emphasizes the importance of GDP growth in addressing the national deficit. He criticizes deficit spending and warns that rising debt servicing costs will be detrimental over time. Cohn believes both presidential candidates must prioritize economic growth over redistribution to effectively manage debt. He also critiques Vice President Harris's corporate tax plan, arguing it could hinder economic activity and encourage companies to relocate abroad.
Source: YAHOO