Excerpt:
"A much better option is for the administration to reduce the payroll tax
for two years. The reduced labor costs would lead employers to hire more;
for employees, the increased take-home pay would boost much-needed economic
consumption and advance the still-crucial process of deleveraging
On Fri, Sep 17, 2010 at 9:30 AM, Judah McAuley wrote:
>
> Nouriel Roubini has a decent Op-Ed in the Washington Post today
> proposing a plan to use the revenues gained from letting the tax cuts
> for those making 250K a year expire to pay for a payroll tax cut for
> small and medium sized busines
Nouriel Roubini has a decent Op-Ed in the Washington Post today
proposing a plan to use the revenues gained from letting the tax cuts
for those making 250K a year expire to pay for a payroll tax cut for
small and medium sized businesses. His arguments on job stimulus
effect seem pretty sound to me
