how to reduce the deficit N/C

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knabe

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Joined
Feb 7, 2007
Messages
13,643
Location
Hollister, CA
http://gregmankiw.blogspot.com/2011/01/give-me-1-billion-to-reduce-budget.html

I have a plan to reduce the budget deficit.  The essence of the plan is the federal government writing me a check for $1 billion.  The plan will be financed by $3 billion of tax increases.  According to my back-of-the envelope calculations, giving me that $1 billion will reduce the budget deficit by $2 billion.

So, by that logic, giving me $1 billion is fiscal reform as well.  To be honest, I don't really need the money.  But if I can help promote long-term fiscal sustainability, I am ready to do my part.
 

olsun

Well-known member
Joined
Mar 17, 2008
Messages
434
I would be willing to accept smaller amounts in return for doing less, if that would help.
 
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