sanman
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One Fed official is talking about the need for a new set of policies to promote growth, instead of just relying on population increase, whether by promoting birthrate or immigration
Fed's Kashkari sees need for new policies to boost growth | Reuters
Fed's Kashkari sees need for new policies to boost growth | Reuters
Still, he said, population growth is a key driver of economic growth, and the public must therefore choose whether to accept slow growth, embark on "expensive" policies to promote a higher birthrate, or raise immigration. Trump said he would build a wall on the U.S.-Mexico border and limit immigration.
The government, Kashkari also said, could undertake policies to fund basic research, make college more affordable, and reform regulations that stifle growth to pave the way for higher productivity growth.