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To: griswold3
She wrote a paper that noted for every $1 in tax increases the GDP fell by $3. Taxes are going up against her advise? Don’t blame her for wanting to jump a sinking ship.

That's right. I heard Larry kudlow and Bill Bennet wonder aloud several times about why she ever joined the administration. They both claimed to know her and to know that she is principally opposed to many of the goals of the administration. Who knows?

91 posted on 08/06/2010 6:51:38 AM PDT by pgkdan (When the same man...holds the sword and the purse, there is an end of liberty: George Mason)
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To: pgkdan

From a recent WSJ article:

“The president does not say that economists agree that the high future taxes to finance the stimulus will hurt the economy. (The University of Chicago’s Harald Uhlig estimates $3.40 of lost output for every dollar of government spending.) Either the president is not being told of serious alternative viewpoints, or serious viewpoints are defined as only those that support his position. In either case, he is being ill-served by his staff.”

http://online.wsj.com/article/SB10001424052748703724104575378751776758256.html


92 posted on 08/06/2010 6:59:36 AM PDT by griswold3 ('Regulation and law without enforcement is no law at all)
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