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recession watch

Stock Investing > Mishs Global Economic Trend Analysis

Can Tax Cuts Deepen The Recession?

Mike Shedlock | Thu, 02/19/2009 - 11:20am | deflation, Government Spending, Inflation, recession, recession watch, Tax cuts |  Add a comment

In one of the more ridiculous Keynesian theories to date, Gauti B. Eggertsson at the New York Fed comes to the conclusion Tax Cuts Will Deepen The Recession . Simple logic would dictate that letting people and businesses keep more of their money would be a good thing but amazingly Eggertsson comes ... Read more