Increase Taxes or Cut Spending: Oregon’s Bleak Choice

By my count, and I could be wrong, 36 Oregon economist signed a letter supporting the Legislature’s tax increases in response to the State’s budget problem. These are the key paragraphs:

“ Cutting state spending reduces in-state aggregate demand, virtually dollar-for-dollar. Some forms of state spending, particularly in the area of health care, bring . . . → Read More: Increase Taxes or Cut Spending: Oregon’s Bleak Choice