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To: St. Louis Conservative
But don't take our word for it. One hundred economists, five Nobel winners among them, have signed a letter noting just that: "The prospect of such tax-rate increases in 2010 is already a drag on the economy," they wrote, noting that the potential of higher taxes in the next year or two is reducing hiring and investment.

Nobel laureates in economics is not really a plus...but anyone got a link?

4 posted on 10/13/2008 12:35:25 PM PDT by sam_paine (X .................................)
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To: sam_paine
Nobel laureates in economics is not really a plus...but anyone got a link?

Yeah, it's the link that says "read more" in the article excerpt at the top of this page.

But don't take our word for it. One hundred economists, five Nobel winners among them, have signed a letter noting just that:
"The prospect of such tax-rate increases in 2010 is already a drag on the economy," they wrote, noting that the potential of higher taxes in the next year or two is reducing hiring and investment. It was "misguided tax hikes and protectionism, enacted when the U.S. economy was weak in the early 1930s," the economists remind us, that "greatly increased the severity of the Great Depression."
We can't afford to repeat these grave errors. Yet much of the electorate is determined to vote for the candidate most likely to make them. If he wins, what we consider to be a crisis in today's economy will be a routine affair in tomorrow's.

33 posted on 10/13/2008 3:35:55 PM PDT by VRWCmember
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