Economists Call for More Government Spending and Tax Reductions
July 20, 2010 Leave a comment
With all of the talk about debt reduction and deficits, a group of important economists have called for more spending and cut taxes. This will raise deficits in the short-term, but it will help reduce unemployment and stabilize the economy. There is increasing talk about a double dip recession; and this policy will help the local economy where there is still significant unemployment and housing foreclosures.