Sunday, May 22, 2011

Tax Policy, Fiscal Policy and National Debt

link here to article

This article is about tax policy as well as the impact of tax cuts versus government spending on economic stimulus. If our tax policy was similar to that under Eisenhower we would not have a long term debt problem. Moreover, the CBO estimated that government spending had a bigger impact on employment than tax cuts because some to the tax cuts would be saved and some would be used to purchase imports.

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