Great article by Laffer! Just to add insult to injury, private sector wages are already falling relative to government employees. Now a tax increase in 2011, will just expand this gap. Oh well, times are changing. Perhaps GM will start producing great cars, and all will be well again. I am sure Obama will fix everything.
Thought you might like these............http://www.cato-at-liberty.org/2010/06/07/why-we-need-fewer-public-school-jobs-not-more/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Cato-at-liberty+(Cato+at+Liberty)
Great article by Laffer! Just to add insult to injury, private sector wages are already falling relative to government employees. Now a tax increase in 2011, will just expand this gap.
ReplyDeleteOh well, times are changing. Perhaps GM will start producing great cars, and all will be well again. I am sure Obama will fix everything.
Thought you might like these............http://www.cato-at-liberty.org/2010/06/07/why-we-need-fewer-public-school-jobs-not-more/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Cato-at-liberty+(Cato+at+Liberty)
ReplyDeleteDon't forget that private investment is squeezed out by government spending.
ReplyDeleteIt's a vicious cycle.