The Washington Independent

Posts Tagged james galbraith

The Case for Spending More

By | 12.17.08 | 6:00 am

Though it pains me to say this, back in 1981 Ronald Reagan got it right. He got Congress to pass a massively excessive tax cut – and then spent five years taking it back. Spurred by stimulus, the economy recovered. And no one remembers those tax hikes now.

For three More…