Okay lady, you so good, now take on the tax increases.
Calculate
How much the tax increases on the rich is going to be as a percent of the GDP?
Then tell us how much smaller the GDP will be?
And then tell us how shrinking GDP increases jobs?
The Macroeconomic Effects of Tax Changes
By Christina D. Romer and David H. Romer
http://emlab.berkeley.edu/users/dromer/papers/RomerandRomerAERJune2010.pdf
quote tax increase of 1% of GDP lowers real GDP by almost 3%
1 posted on
09/25/2011 9:54:57 AM PDT by
Son House
To: Son House
Let’s make it easy: if Christine Romer says it, then I strongly support the opposite view.
Now THATS an easy way to be right 100% of the time, and her performance in the administration proves it.
To: Son House
What’s the “jobs plan” for the NY Times?
More layoffs, declining ad revenue, and lower circulation.
To: Son House
Christina Romer...
Isn’t she one of the brilliant engineers of last year’s recovery summer?
4 posted on
09/25/2011 10:20:54 AM PDT by
seowulf
("If you write a whole line of zeroes, it's still---nothing"...Kira Alexandrovna Argounova)
To: Son House
To: Son House
This article is incoherent. Simply incoherent.
Jobs are a side benefit?? tell that to the unemployed
We need a housing plan?? I thought we had that 3 years ago. Just another catastrophic Obama failure.
8 posted on
09/25/2011 11:48:09 AM PDT by
sgtyork
(The secret of happiness is freedom, and the secret of freedom, courage. Thucydides)
To: Son House
Romer has zero credibility. Zero, I said with a chuckle.
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