Monday, October 13, 2008

Against Obamanomics

From Taxprof:

Hundreds of Economists Sign Letter Opposing Obama's Tax Plan

Hundreds of economists (including Nobel Prize winners Gary Becker, James Buchanan, Robert Mundell, Edward Prescott, and Vernon Smith) have signed letters opposing Barack Obama's economic and tax plans.

http://taxprof.typepad.com/taxprof_blog/2008/10/hundres-of-econ.html

My observation: I don't see what their problem is with Obamanomics. The legislature raised taxes here in Michigan during a recession, and that has worked out so, so well.

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