[mlocher]

Okay. So Professor Frank thinks we have too much consumption and not enough savings. And wants to use tax policy to change the mix.

All taxes siphon capital from the free market. Frank is arguing that Obama should now use a huge pump since the siphon is going fact enough.

[Woebama]

Okay. So Professor Frank thinks we have too much consumption and not enough savings. And wants to use tax policy to change the mix.
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The professor needs to come by my home if he thinks we have too much consumption. My poor wife!