Tuesday, May 31, 2011

Princeton economist makes "The Case for Higher Taxes"

A fascinating blog post at The New York Times website last Friday shows the origins of our nation's budget deficit and suggests a way to avoid disaster.

"Given what we, the people, expect the federal government to deliver ... the only way to avoid a looming fiscal disaster would be to return to the higher taxes across the board that prevailed during the Clinton administration," writes Uwe E. Reinhardt at the Economix blog.

Definitely worth a read.

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