Far, far less respect for either Bowles or Simspon than I had 3 years ago. They have become a comedy act on the rubber chicken circuit (which is a far easier gig to get than the Borscht Belt.)
Generally, Krugman is more correct, as anybody who can spell CCC, WPA, (like maybe missed) or Interstate Highway System (like most here) or knows what a D+ from ASCE means ought to be able to comprehend.
A better dialectic is Krugman vs. Stockman.
See the current Business Week.
Better yet, search "Open Letter to David Stockman: “No, It’s Just Foggy, not Sundown”"
or more simply, just search baltbear and you'll get it as the current lead.
8% on the first $70K. 14% upto $210K. Max inCONe rate of 23%. Lower tax rates for Corporations that are already bypassing US corporate tax rates. Is this guy serious??? Bro, so where's duh "revenue" going to come from for government spending??
P.S. Becky as always sharp as a bowling bowl, instead of questioning this pipe dream, said "That's an incredible idea if you CON get tax rates down to 8%. Erskine you sold us!!!!" LOL Becky for Pres 2016!!!! Sorry Brky. It's all good HC, we're in safe hands.
thumbs up for that one. This is one of many reasons to ignore TV except when actively trading.
Example? 042513 i bought 2k NOK in peprsonal account at 3 1/16, cause my dd says thats a gimme, expecting 4 around Thanksgiving, based on what I read of the Lumia and what I know about the Xmas games.
Put in limit sell (I almost always do that) at 4 1/32. Couple weeks ago, it filled.
WHY? I fund out 2 days later there was a lot of noise on TV about how MSFT would HAVE TO buy NOK, and NOK would HAVE TO sell. Whatever.