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To: Ernest_at_the_Beach
But short-term tax increases would be better than using just budget cuts to erase a deficit that could reach $34.6 billion, he said.

Cutting that much from state spending would be ``a major drag on the economy,'' Janet Yellen, another Berkeley economics professor, added in a conference call with reporters.

Wouldn't you love to have this econ professor teaching your kids? State spending makes the economy run, taxpayers are merely slaves. She should be shipped back to Russia.

14 posted on 02/07/2003 11:51:52 AM PST by hattend
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To: hattend
Cutting that much from state spending would be ``a major drag on the economy,'' Janet Yellen, another Berkeley economics professor, added in a conference call with reporters.

The person is quite correct. If you don't believe it, just go to http://junkeconomics.com for the proof.

16 posted on 02/07/2003 11:56:25 AM PST by Protagoras
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