[FoRK] Large changes in fiscal policy: taxes versus spending

Ken Ganshirt @ Yahoo ken_ganshirt at yahoo.ca
Fri Oct 30 09:15:40 PDT 2009


--- On Fri, 10/30/09, Jeff Bone <jbone at place.org> wrote:

> 
> Short version:  if you want economic growth, cut taxes
> and reduce spending, particularly deficit spending.
> 
> Via EconLog...  from Harvard, no less (wonders never
> cease...)
> 
>   http://www.economics.harvard.edu/faculty/alesina/files/Large%2Bchanges%2Bin%2Bfiscal%2Bpolicy_October_2009.pdf
> 
> jb
> 

Interesting. But I'm still not onside with the great desire for economic growth as it is currently defined, practiced and measured == ever-increasing consumption. 

I don't understand why this is seen as a Good Thing. ???

 ...ken... <ever puzzled by "conventional wisdom">


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