Ronald Reagan gave big tax cuts to the wealthy.So it is dramatic that Reagan’s director of Office of Management and Budget – David Stockman – calls the Bush tax cuts “the biggest fiscal mistake in history”.Specifically, Stockman told Dylan Ratigan that…
Posts Tagged ‘stimulate’
Reagan’s OMB Director: Bush Tax Cuts “The Biggest Fiscal Mistake in History” … Extending Them Won’t Stimulate the Economy
December 15th, 2010 |
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India, US pledge to stimulate global economic revival
November 25th, 2009 |
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Prime Minister Manmohan Singh and President
Barack Obama on Tuesday took note of the new opportunities offered by
their economies and their respective strengths, and their potential
for future growth to catalyze global economic growth, and pledged to
create conditions that would facilitate their continued expansion.
In a joint statement issued at the White House here after one-to-one
and delegation-level meetings, [...]
Would Our Government Really Start a War to Try to Stimulate the Economy?
November 14th, 2009 |
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I’ve written two essays attempting to disprove “military Keynesianism” – the idea that military spending is the best stimulus. See this and this.In response, a reader challenged me to prove that anyone would advocate military spending or war as a fisc…