Romer Knows Tax Increases Will Kill the Recovery

Charles Kadlec, Forbes
A powerful analysis by  President Barack Obama’s first Chair of his Council of Economic Advisers (CEA) indicates the President’s proposed tax increases would kill the economic recovery and throw nearly 1 million Americans out of work.  Those are the extraordinary implications of academic research by Christina D. Romer, who chaired the CEA from January 28, 2009 – September 3, 2010.  In a paper entitled: “The Macrcoeconomic Effects of Tax Changes” published by the prestigious American Economic Review in June...

Source: http://www.realclearpolitics.com/2012/04/25/romer_knows_tax_increases_will_kill_the_recovery_278456.html

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