Re: Partisan fiscal policy

2002-08-21 Thread Jacob W Braestrup
related to this topic is the expected fiscal effect from tax reductions and increases I recommend: http://www.heritage.org/Research/Taxes/loader.cfm? url=/commonspot/security/getfile.cfmPageID=5369 (make sure it all fits into one line) - jacob braestrup Armchairs, As the US recession

Re: Partisan fiscal policy

2002-08-21 Thread William Dickens
(does anyone in econ still talk about the old concept of aggregate supply and demand?), Judging by the best selling textbooks yes. Most certainly. I haven't looked in the last couple of years, but the last time I did there still wasn't a really good text book that presented undergraduate

Re: Partisan fiscal policy

2002-08-20 Thread Fred Foldvary
--- [EMAIL PROTECTED] wrote: In a very simplistic macro view, raising public expenditures or lowering taxes (in the short run) were both considered expansionist fiscal policies--at least in the sense that both increase public sector deficits... they are equivalent policies. The

Re: Partisan fiscal policy

2002-08-20 Thread AdmrlLocke
In a message dated 8/20/02 7:58:33 AM, [EMAIL PROTECTED] writes: --- [EMAIL PROTECTED] wrote: In a very simplistic macro view, raising public expenditures or lowering taxes (in the short run) were both considered expansionist fiscal policies--at least in the sense that both increase