nytimes.com - 11/1/2009
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Senator Kent Conrad, a co-sponsor of a plan to create a deficit-cutting commission says, “It is imperative that we act.”
online.wsj.com - 10/26/2009
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online.wsj.com —
The White House disclosed the other day that
the fiscal 2009 budget deficit clocked in at $1.4...
trillion, amid the usual promises to do something about it. Yet even as budget director Peter Orszag was speaking, House Democrats were moving on a dozen ...
(more)
As Deficit Increases, Democrats Plan More Spending
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links for 2009-10-31
Economist's View —
Can Citigroup Carry Its Own Weight? - NYTimes.com
Did the Lehman Failure Do It? - Arnold Kling
How Health Plan Turns Supply-Side Ideas Upside Down - Mankiw - ...
May the hatred engulf me!
Lawrance G. Lux —
Greg Mankiw attempts to invoke Ronald Reagan’s name to counter the implicit Tax hike coming from a universal health care plan; the Reality being no one can establish a huge program without higher taxation somewhere. There remains some doubt to the great conservative ideation that higher marginal tax rates cause Taxpayers to work less. There is even further suggestion that any inhibition of effort by the higher taxation would induce more labor assets to enter into replacement effort, because of the economic advantage presented; Labor always filling unwedded opportunity. There stands even some indication that Business organizations utilize the unpaid added Wages to ...
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