Tax Cuts vs. Government Spending
- 12.27.09
- English, Идея Свободы
- No Comments
Gregory Mankiw, professor of economics at Harvard, wrote an interesting article for New York Times, where he argues for using tax cuts instead of increasing government spending as a tool of economic stimulus. Here’s the evidence:
1) Obama’s Fiscal Stimulus failed
When President Obama was elected, the economy was sick and getting sicker. Before he was even [...]