Tax Cuts Losing their Punch on the Economy

The American economy slowed at the end of 2018 — and there could be a further slowdown to come.

Gross domestic product — the broadest measure of goods and services produced in the United States — grew at a 2.6 percent annual rate in the final three months of last year, the Commerce Department said Thursday.  The White House expects the roughly 3 percent pace of growth to continue in 2019 and for years into the future.

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