NOTE: The article does NOT critique the 9-9-9 plan or other FLAT TAX proposals.
...and while we’re at it, how about the daily effing failures of fake journalists EVERYWHERE on economics. I don’t care if you’re talking White House press corpse, or news rag scribblers or local tv “news” readers.
All of them demonstrate either NO understanding of economic fundamentals or such flawed allegiance to the notion that GOVERNMENT is charged with solving all ills, that one wonders if they really have a functioning brain at all.
For example, tax on gas and oil account for more then $1.00 of the per gallon price. Eliminate the tax and you can quit quickly get the price under $2.00. However THIS guy want to claim his “economics” degree allows him to credibly opinion it is not possible.
Yeah it is, and an intellectually honest Prof would not be making as many ignorant silly statements as this one does.