jump to navigation

Reform Abuse July 12, 2011

Posted by Jim Satterfield in Government, Politics.
trackback

On the drive home I heard a Republican member of the House defending the Republican position on revenues. Their position is to claim that they don’t believe in any increases in revenue for the government but will support tax reforms. So far as I’ve been able to tell that means, in effect, more tax cuts. How is that supposed to help with the deficit? Why, didn’t you know that any and all tax cuts create job? The magic tax cuts will stimulate the economy enough to create growth that will fix the deficit when combined with spending cuts for everyone except the Pentagon. At least that’s what the Republicans seem to take as an article of faith. But I don’t go to that church and I don’t know of any economists who aren’t political hacks who go there either.

Advertisements

Comments»

No comments yet — be the first.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: