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Making Labor Less Expensive Helps Firms Hire People.
-Christina Romer
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Making Labor Less Expensive Helps Firms Hire
Christina Romer
Making Labor Less Expensive Helps Firms Hire People.
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More From Christina Romer
If You Think About It, Candidate Obama, Sen. Obama, Was Running On Sort Of Long-run Economic Issues, Like Restoring Prosperity To The Middle Class, Dealing With The Perennial Problem Of Health Care In The United States. He Talked A Lot About The Budget Deficit, About The Need To Transition To Clean Energy.
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The Goal Of Long-run Economic Growth Without Asset Price Bubbles Is Not Only Achievable, But Is Something We Should Expect If We Put A Sound Regulatory Framework In Place And If Policymakers Remain Vigilant.
Running
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Fewer People Working Means Permanently Lower Tax Revenues.
Mean
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President Obama Has Repeatedly Urged Congress To Let The Bush Tax Cuts Expire For Those Earning More Than $250,000 A Year. Increasing Rates On Top Earners Is An Obvious Way To Raise Revenue From Those Who Can Afford It Most.
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Most Arguments For Instituting Or Raising A Minimum Wage Are Based On Fairness And Redistribution. Even If Workers Are Getting A Competitive Wage, Many Of Us Are Deeply Disturbed That Some Hard-working Families Still Have Very Little.
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