Thursday, November 17, 2011

The Bottom Line on Tax Cuts vs. Spending Cuts

After reading this article: 

http://www.nationalreview.com/articles/283367/super-tax-hike-spells-disaster-larry-kudlow


Some are suggesting that it would be better to let cuts happen across the board than reaching an agreement in the "Supercommittee" at any cost.  I think I agree on this one.  Defense cuts, as bad as they sound will happen for one year as far as I understand.  Take them now and go for big changes in spending/tax policy when the Obama administration is sunk in 2012 by the voters/the Senate goes Republican. 

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