Economist Edward Lazear Says Taxation Won’t Cut It


Monday March 28th, 2011   •   Posted by Emily Skarbek at 10:49am PDT   •  

Edward P. Lazear (former Chairman, President’s Council of Economic Advisors; Jack Steele Parker Professor of Human Resources Management and Economics, Stanford University; Morris Arnold Cox Senior Fellow, Hoover Institution) proposes significant spending cuts, no tax increases, and most importantly—adoption of rule-based constraints on future government spending. What do you think—is limiting growth in government expenditures to the inflation rate minus one percentage point per year enough?




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