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But, while government spending may provide a short-term stimulatory effect on the economy, the prospect of higher future taxes and long-run impacts on spending and investment introduces many channels through which spending and debt levels might affect expected stock returns. Fiscal Service, Federal Debt Held by the Public” [FYGFDPUN].
But, while government spending may provide a short-term stimulatory effect on the economy, the prospect of higher future taxes and long-run impacts on spending and investment introduces many channels through which spending and debt levels might affect expected stock returns. 3General government debt from OECD (2021). 1: 415–448.
19 recession-proof jobs Expert tip Skills for success Protecting your finances from difficult economic times What is the best job to have when the economy is struggling? How to still do well financially in a bad economy? During the 2008 recession, over 10% of Americans were unemployed. Let's look at recent history.
During the 2008 recession, over 10% of Americans were unemployed. While some careers are tied to the economy, such as hospitality and tourism, or some retail jobs , others stay fairly constant regardless of whether the economy is doing well or not. Our physical and mental health doesn’t care about what’s going on in the economy.
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