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Political Discussion
Reply to "So while we all hoot at the convention in Tampa..."
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[quote=jsteele][quote=Anonymous] I don't have the answers. One not-too-stupid way out is to play the Argentina card and inflate. Most of us with an Austrian economic bias believe that's our future. [/quote] I could get on board with a helicopter drop if they would drop it someplace besides the banks. I don't quite understand your opposition to returning the upper tax brackets to the pre-Bush levels. Nobody expects that to single-handedly solve the problem, but it is a piece of the puzzle. But, politically, we have constrained ourselves. We don't want to increase the deficit, we don't want to cut, and we don't want inflation. There's not much left after that. I think a Keynesian approach could work, but the so-called deficit hawks and those who have nightmares about inflation make it impossible. [/quote]
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