Spending Versus Tax Cuts: Who Pays the Cost of Political Compromise?

President Obama and the Democratic leadership will undoubtedly have to make some political compromises in order to get a stimulus package through Congress. However, it is important to keep in mind that there will be real costs associated with these compromises insofar as they result in a less effective stimulus package. A less effective package will mean less economic growth, which will, in turn, mean that fewer people will have jobs.

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Year of publication:	2009-01
Authors:	Baker, Dean
Institutions:	Center for Economic and Policy Research (CEPR)
Subject:	economic crisis \| economic stimulus \| fiscal stimulus

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Extent:	application/pdf
Series:	CEPR Reports and Issue Briefs.
Type of publication:	Book / Working Paper
Language:	English
Notes:	3 pages
Classification:	H - Public Economics ; H5 - National Government Expenditures and Related Policies ; H6 - National Budget, Deficit, and Debt ; H2 - Taxation, Subsidies, and Revenue ; E62 - Fiscal Policy; Public Expenditures, Investment, and Finance; Taxation
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005651417