Some New Year's Resolutions
Gregory Mankiw, who chaired Bush's Council of Economic Advisers, had some surprising New Year's resolutions for economic policy makers:
- Be straight about the budget mess.
- Be unequivocal in support of farm trade.
- Ask farmers to accept the free market.
- Admit that there are some good taxes.
Why wasn't he making the same resolutions when he was in a position of power?
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