Recent Research Suggests That New Deal Programs

Our Estimates Suggest That A Tax Increase Of 1 Percent Of Gdp Reduces Output Over The Next Three Years By Nearly 3 Percent. The Effect Is Highly Significant.

You Know, I Think The, The Crucial Thing, You Know, We Have Put In Place What Is, Is Just Simply The Biggest, Boldest Recovery Package In History, Right; The Stimulus Package, Biggest Ever; The Financial Rescue, Absolutely Comprehensive; A Housing Plan - That Is Incredible Medicine For The Economy. And We Fully Expect It To Work.

If You Look At The Studies Coming Out Of The Congressional Budget Office, The Number One Thing That's Going To Blow A Hole In The Deficit As We Go Forward 20, 30 Years Is Government Spending On Healthcare.

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.

Honest Talk About The Deficit Is Risky. Voters Are More Enthusiastic About The Abstract Notion Of Deficit Reduction Than About The Painful Details Of Accomplishing It.