Tyler Cowen quotes Kevin Drum:
Kevin Drum on fiscal stimulus: But despite all this, there's one pretty good reason to think that Tyler is basically right: tax cuts. Lefty economists might generally believe that increasing spending is a more efficient way of stimulating consumption than reducing taxes, but they'd almost certainly accept a big tax cut as an almost-as-good substitute.... [O:]n the political side it's quite doable. Republicans would be persuadable because they love tax...
Published on June 01, 2010 11:18