3 ms·
> exactly where you'd want them Is that so? Counter-cyclic policy is generally the right choice for stability. If we lower taxes now, when the economy is doing
by quotemstr 9y ago
> exactly where you'd want them
Is that so? Counter-cyclic policy is generally the right choice for stability. If we lower taxes now, when the economy is doing fine at current tax levels, we give up an opportunity to simulate the economy through tax reduction later, when the inevitable recession hits.