Recent economic releases have served to vindicate Milton Friedman and to cast doubt on Menard Kaynes. The administrations' attempt to catch a falling knife has hurt the nation badly. My advice: MAKE THE CURRENT TAX CODE PERMANENT! The looming tax increase from the sunsetting of the Bush tax policies will constitute another blow to the teetering
economy. In the meantime other nations, China, Germany, Hungary, are embracing tax cuts to stimulate growth. The USA has a hard lesson to learn with respect to freemkt versas statism.
economy. In the meantime other nations, China, Germany, Hungary, are embracing tax cuts to stimulate growth. The USA has a hard lesson to learn with respect to freemkt versas statism.
