http://sites.middlebury.edu/middmag/2012/11/08/professor-pundits-victory-for-political-scientists/ Sat, 15 Jun 2013 00:19:13 +0000 hourly 1 http://wordpress.org/?v=3.5.1 http://sites.middlebury.edu/middmag/2012/11/08/professor-pundits-victory-for-political-scientists/#comment-58893 Ned Greene Wed, 14 Nov 2012 18:17:37 +0000 http://sites.middlebury.edu/middmag/?p=10500#comment-58893 To answer Mr. Bennett’s question:
You use expansionary policy (lower taxes and/or increase government spending) during a recession to help keep the economy going. The United States is no longer in a recession, so to pay back those dollars borrowed, one raises revenues (higher taxesand/or lower spending). This is considered sound economic policy.

]]> http://sites.middlebury.edu/middmag/2012/11/08/professor-pundits-victory-for-political-scientists/#comment-58799 George Bennett Wed, 14 Nov 2012 17:08:19 +0000 http://sites.middlebury.edu/middmag/?p=10500#comment-58799 When President Obama had full control of both houses of Congress he did not want to raise taxes because “to raise taxes in the slow economy would be counter productive” or words to that effect. What has changed now that it is ok to raise taxes in a slow economy, other than trillions more have been borrowed and spent by the federal government ?

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