Bloomberg TV interview

A curt interview amongst Bloomberg TV's Betty Liu on the financial cliff.  No big intelligence for readers of this weblog , but possibly fun anyway.



We were but getting going when it ended. I was gear upwardly to nation , if yous didn't purchase stimulus from spending increases , yous shouldn't fearfulness lack of stimulus from spending reductions; all authorities (federal , dry reason , local) together with all taxes matter; yous require to include taxes together with benefits , together with thus encounter the huge marginal taxes faced yesteryear wretched people , together with how cutting subsidies that larn to rich people counts inward the distributional calculus;the growth of rule together with taxation chaos matters to a greater extent than than taxation rates , Europe but showed us what happens when yous endeavour to residue the budget amongst sudden hikes inward marginal rates....Next time.