Tax Cuts and Deficit

December 8th, 2010 Permalink

All these tax cuts make me nervous. We have a budget deficit to deal with and without tax increases, the deficit won’t be brought under control. In the short run, everyone is trying to stimulate the economy. The problem is that the recession may last for years. We can’t keep these deficits up for an […]

All these tax cuts make me nervous. We have a budget deficit to deal with and without tax increases, the deficit won’t be brought under control. In the short run, everyone is trying to stimulate the economy. The problem is that the recession may last for years. We can’t keep these deficits up for an extended time period. The way to fix the job market is through tariffs. Neither party is proposing that.

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