When Politics Gets in the Way of Good Ole’ Common Sense

Colin Read
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Colin Read: SUNY College at Plattsburgh

Chapter 27 in Global Financial Meltdown, 2009, pp 207-212 from Palgrave Macmillan

Abstract: Abstract On the one hand, there are those that believe government is the problem and have never met a tax cut they did not like. If the economy is thriving, it is time to cut taxes, and if the economy is tanking, it is imperative that we cut taxes, immediately. On the other hand, there are those that believe government is the solution and it is always a good time to increase taxes for the wealthy. Presumably, these two sets of views cannot simultaneously be correct, and it is likely that neither approach is ever wholly correct.

Keywords: Central Bank; Impossibility Theorem; Perfect Competition; Single Vote; Create Decision Making (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-59518-7_27

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DOI: 10.1057/9780230595187_27

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