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- It would be prudent for the Fed to wait for clearer evidence that inflation is sustainably returning to 2%
- US should consider scaling back tax exemptions for employer-paid health care, capital gains on the sale of primary residences
- US has a pressing need to reverse ongoing increase in public debt
- US should consider progressively raising income tax rates, including those earning less than $400,000
- US should consider scaling back deductions for mortgage interest
Everyone loves when the IMF makes suggestions on how to run a country. You can be sure the Fed and Washington will toss these recommendations right in the garbage can.
