February 01, 2019

Meeting Our Budgetary Goals While Serving Our Members

Guest Column

Adrienne Dresevic, The Health Law Partners, Farmington Hills, MI

Writing this article as the Budget Officer of the Section, it would be easy to fall into the trap of having a negative financial outlook for the 2019-2020 bar year. Sure, we had a volatile year-end stock-market sell-off, slowing sectors in the economy, repeated Federal Reserve interest rate increases, and we have all witnessed a near-unprecedented hostile political climate. But, that would be shortsighted. There are positives. The U.S. economy appears strong, operating at near full employment with unemployment rates at a 49-year low. This coming year we will learn whether the Tax Cuts and Job Act was truly as billed – a stimulus for productivity-enhancing capital investment. It is time to block out the noise, and use these uncertain times as an opportunity to rise to the challenge and continue to grow.   

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