Tuesday, January 03, 2006

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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