Fuzzy Economics

Business and Media Institute via Gateway Pundit:

Obama’s chief economic adviser Larry Summers appeared Feb. 9 on the Fox Business Channel to discuss the administration’s economic agenda and defended proposed rate-hikes for those making over $250,000. “Almost all economists who studied these things have that kind of view,” he told Fox’s Liz Claman.

Wow. Looking through American history, I doubt one could find a single example of high marginal tax rates leading to high economic growth.

Comments

[Laura(southernxyl)]

But among real economists they have a consensus, Isaac. Like the consensus real scientists have about climate change. You don't question the consensus!