Thursday, March 21, 2013

"The distortions resulting from higher tax rates would then constrain the economy’s trend growth for a long time."


How about the distortions resulting from high and higher levels of debt other than the Federal debt? These distortions These costs have already constrained the economy’s trend growth for a long time. Since the 1960s.

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1 comment:

  1. The ArthurianMarch 22, 2013 at 3:57 AM

    (The title of this post is a quote from the PDF discussed in the previous post.)

    ReplyDelete

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