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Practical Aspects of Dynamic Revenue Estimation

The supply-side framework outlined in this paper does not include all the effects of taxation that economists would like to examine. Depending on one's perspective, the glass could be considered half-full as well as half-empty. But if the only "dynamic" thing the Joint Committee on Taxation did was to incorporate the detrimental effects of federal deficits on capital formation, this would be more than worth the effort. ....

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Detailed text transcripts for TV channel - CNN - 20100815:19:01:00

Know this. both through fiscal and monetary policy has thrown everything it s got at this recession. we ve spent about a trillion and a half dollars in stimulus spending. the federal government has held interest rates close to zero. they ve been printing money like it s monopoly money, and yet with all this money and all this spending we re not seeing the kind of robust recovery we d expect to see in the third year of this recession. diane lim rogers is joining me. we used to say it was determined by decisions people make. now people can be concerned about losing their jobs. unemployment is high, savings are more important than spending. what role is fear of recovery or lack of a recovery playing in this economic climate? well, think there s a lot of uncertainty in the economy facing people in their everyday lives and when they re looking ....

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Detailed text transcripts for TV channel - CNN - 20100815:19:24:00

Diane lim rogers and stephen rogers and keenan. they use it for mel tissue, weapons systems, education systems and so on and that s unrecoverable. i still like the idea of looking at some kind of an alternative to social security for young workers. why not create an i.r.a. for young people. if they could put 7% or 8%, my kw god, we d have a nation of pension millionaires. diane, what do you think? i have a more positive outlook of the social security system. the program isn t broken. you know, the program is just going to start costing us money on net and it is a choice. ....

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