"If a NRST is enacted, the U.S. economy would lag behind for at least three years and employment would dip by more than one million jobs."
According to Dr. Dale Jorgenson, former chairman of the economic department of Harvard University, GDP growth in the first year after implementation would be 10.5%. How many on this thread have ever experienced 10.5% GDP growth for a full year? Is it reasonable that, during a period of tremendous economic expansion, that jobs would be LOST?
Is it reasonable that, during the implementation period, when millions of business plans and careers based on the "old system" are severely disrupted by such an extreme and radical change, that there'd be any economic expansion whatsoever?