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Nobel Laureate Calls for Steeper Tax Cuts in US

I was encouraged by the Nobel Prize for econoomics being awarded to Edward Prescot [1], who teahces at Arizona State University, and is a Researcher at the Federal Reserve.

I was thrilled when Prescott made a recent appearence on CNBC, saying in part that Bush’s tax cuts were not large enough… an argument that runs exactly opposite that of the Democrats.

Read the above link, and ask yourself; Do you suppose this situation will help the President, given that the next debate will take place at the self-same Arizona State?