Republicans talk of
sparking economic growth rates in the range of four per cent, but models run by non-partisan forecasters, such as the Wharton business school at the University of Pennsylvania, predict only a modest increase over the shorter term.
Not exact matches
Theoretically, this means that by lowering the interest
rate, the Federal Reserve can
spark economic growth, and by increasing
rates, they can keep inflation from rising too quickly.
And there is no evidence that the lower
rate would
spark enough
economic growth to pay for itself, nor that it would
spark much
growth at all.