Let the Bush tax cuts die
An Ernst and Young study purports to show that ending these breaks would cut jobs and output. Don't believe it
Tuesday, Aug 14, 2012 6:14 PM UTC 15Politics Jared Bernstein, George W. Bush
Ernst and Young
Politics Jared Bernstein, George W. Bush
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Paul Krugman’s right: Austerity kills. "In an economy where we’re all in the same boat, one person’s spending is another person’s income. So when the government cuts spending, it reduces people’s income, leading to less business, more unemployment, and a vicious spiral of slowing down the economy."
231 points232 points233 points | 202 comments
231 points232 points233 points | 202 comments
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