From Politico:
Former President Bill Clinton says now is not the time to hike taxes.Related post:
"I personally don't believe we ought to be raising taxes or cutting spending, either one, until we get this economy off the ground," Clinton told Newsmax in an interview Tuesday. "This has been a dead flat economy."
Clinton, who is hosting the Clinton Global Initiative's annual meeting in New York City this week, said that until the country's debt is reduced, he doesn’t believe cutting or raising taxes or boosting spending are the solution to bringing the country to a full employment economy.
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Technorati tags: politics news democrat Bill Clinton
1 comment:
I got to get a handle on Keynesian economics. Why is it important to not cut spending in a time of economic decline?
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