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Reversing the EU Economic Slowdown: Implications for the United States
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The European Union is on a 20-year economic losing streak. A new research study shows that the EU’s economic slowdown relative to other areas of the developed world is due to bad government policies that can be cured. Reversal of these policies requires political will, as it would involve the shrinking of the size of government, combined with regulatory and tax reforms. The study’s reform proposals are particularly timely, given that the White House is currently pursuing economic reforms of its own and is engaged in trade talks with the EU.