Some say that Obama hasn't a clue on what he is doing. Really? Everything thus far has worked against and is destroying the private sector while growing government. I think his plan is working out perfect and is very transparent.
Krueger was a strong advocate of cap-and-tax and cash for clunkers. He also distorted survey data to show that an increase in the minimum wage increased employment. He’s not to be trusted, even with a broom and a cleaning rag.
“President Barack Obamas nominee to chair the Presidents Council of Economic Advisors has supported a European-style consumption tax that taxes every stage of production for a good or service, a policy generally called a Value Added Tax, or VAT”
That is not a consumption tax. For lack of a better term it’s an production tax, but, just like sales taxes, utlimately it is an income tax.
Hey, if it’s good enough for Europeans, why don’t we follow their example? /s/
Exactly. If you were trying to destroy the country what would you do differently?
Another leftist with bad ideas for the economy.
WHy should we be surprised?