To: Kaslin
Krueger suggested implementation of his new tax be delayed two years serving as a kind of hammer over the consumer's head. The threat of the pending tax, he argued, would "encourage households to spend money now, rather than after the tax is in place," according to his reasoning. Krueger went on to explain how raising taxes would also create jobs and grow the economy. "Along with the rest of the recovery package (Obama's $800 billion Stimulus was already on the Congressional table by that time), this would help jump start spending in the economy and thereby increase production and employment."
All I ask is that they show historical proof that this has worked in the past....just one case....that's all....
Wow...just wow....and this is our new economic guru...???
This would be hilarious if it wasn't so pathetically misguided and dangerous....
15 posted on
08/30/2011 5:43:16 AM PDT by
PigRigger
(Donate to http://www.AdoptAPlatoon.org - The Troops have our front covered, let's guard their backs!)
To: PigRigger
Krueger suggested implementation of his new tax be delayed two years serving as a kind of hammer over the consumer's head. and a sickle around their neck. Hammer & sickle, why hasn't anyone thought of this clever economic stimulus idea before?
20 posted on
08/30/2011 6:36:54 AM PDT by
Reeses
(It's a safety net, not a hammock!)
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