Saturday, March 21, 2009

Searching for Government Revenue to Balance Obama's Budget

Larry Summers and Ben Bernanke and the rest of the smart Government economists owe us answers to this short multiple choice test. How will we balance this budget? A. carbon tax revenue, B. higher progressive taxes C. China will buy more low interest rate USA bonds , D. inflation, E. unexpected economic growth translating into more tax revenue. F. Scale down the government "Big Push" on all of its new social dimensions. Hint, there could be more than 1 correct answer here.

Source: NY Times