Ann Owen, director of the Arthur Levitt Public Affairs Center and associate professor of economics, was quoted in a Newhouse News Service article about the presidential impact on the U.S. economy.
According to the article, "Presidential efforts to achieve short-term results are rife with risk. Tax cuts can stimulate consumer spending and trigger a small growth spurt, but can also create long-term deficits 'leading to higher interest rates that slow down the economy and crowd out productive private investment,'" Owen said.
