Quote of the day – tax cuts paying for themselves
This is from Alex Tabarrok:
Mark Thoma makes fun of Judd Gregg for thinking that tax cuts pay for themselves. Mark is right to make fun. What a ridiculous thing to believe. All the good economists know that it is spending increases that more than pay for themselves.
😀 . BTW, this is sarcasm – which is why it is awesome 😉
Also, apologises for the lack of substantial updating – I am extremely busy doing that “predicting things” stuff that I always say economists shouldn’t do …
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[…] Credit and Personal Finance Blog | Credit Karma wrote an interesting post today on Quote of the day – tax cuts paying for themselves (440650)Here’s a quick excerptMark Thoma makes fun of Judd Gregg for thinking that tax cuts pay for themselves. Mark is right to make fun. What a ridiculous thing to believe. […]
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