Tax Increases Appear To Have A Very

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.

As An Economic Historian, I Appreciate What Manufacturing Has Contributed To The United States. It Was The Engine Of Growth That Allowed Us To Win Two World Wars And Provided Millions Of Families With A Ticket To The Middle Class. But Public Policy Needs To Go Beyond Sentiment And History.

I Think Where I Differ A Little Bit, We Absolutely Have To Think About The Deficit Looking Down The Road. And Certainly That's Something The President Has Said That We Need To, As The Economy Recovers, Have A Plan In Place For Getting It Down.

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.

Fewer People Working Means Permanently Lower Tax Revenues.