Monday, November 08, 2010

How can we get the economy growing?

Becker has some good suggestions. Note his reframing of the debate over avoiding a massive tax increase on January 1.  He moves away from the entitlement mindset and who can "afford" to pay more, and instead focuses on how tax rates affect growth.

Posner is skeptical, but also has good observations.

If only our politicians could have such sensible discussions.

The big assumption, of course, is that we actually want more economic growth, as opposed to just talking about it.  Some people consider the current growth rate too high, because of its environmental impact.

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