The economists are not yet discussing the critical issue, they are still debating the model.
The critical issue, do we prefer corporate tax cuts to non corporate tax cuts, and did we want tax cuts at all.
Most of the discussion was about the movement of cash from the period in which the tax cuts occurred. I call that the assumption, as in: Let us assume these structured markets are liquid, executing a cash swap to effect the law along the shortest path. A given, needed for any discussion concerning prices.
We enter the second quarter, and we reach agreement on the model. OK, but that is along time to agree on the model.
No comments:
Post a Comment