CruelNUnsual
Posts: 624
Joined: 9/28/2008 Status: offline
|
quote:
ORIGINAL: Lorr47 quote:
ORIGINAL: CruelNUnsual Its funny that the "disrepute" of the effectiveness of tax cuts is only among a few liberal/socialist "economists". The data is there to see, and tax cuts work. No data that i have seen contradicts that. Feel free to link to anyone other than Paul Krugman. Interesting that Obama's own advisor and principal formulator of his budget, Christina Romer, published in 2007 that tax increases "to reduce an inherited budget deficit or to promote long term growth... are highly contractionary". Another Obama advisor, who's name escapes me right now, published that tax cuts are 2.4x more expansionary per dollar than government spending increases. The last five economists I have read or listened to have opined that tax cuts are less effective than spending for stimulus purposes. Read the last issue of AARP for a couple of one liners suitable for conservative thought.. And, although I am extremely liberal, I love to watch Pat Buchanan defend Obama's actions against that Monica creature on the McLaughlin Report. Links?
|