Economists: Fed budget policies hurt Mass.
Boston Herald - 06/28/2013
The state economy, despite performing well compared to the rest of the country, has begun to stall due to federal tax and budget policies, a group of local economists said yesterday.
The MassBenchmarks Editorial Board, made up of economists from around the state, said in a statement released yesterday that the state’s economic growth has slowed and if the federal policies put in place in January remain, that slow growth is expected to continue.
Citing federal policies such as tax increases and sequestration, the board said the problems are not reflected in some often-cited economic indicators, such as the unemployment rate.