Sunday, March 3, 2013

Some Clarity, Please

Mr. President, I’m a little confused.   

You say that reducing the flow of federal dollars into the economy will inflict harm.  Thus, the sequester is bad policy.  In its stead, you advocate for tax increases – a policy that would reduce the flow of private dollars into the economy.  However, you remain agnostic about the economic effects of this seemingly identical policy.

What is the difference?

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