Friday, October 21, 2011

Mitt Romney Economic Adviser Disses Romney

Naturally, it was over taxes. The adviser, Greg Mankiw, wants a new consumption tax, which Romney is against. Mankiw, always the economic micro-manager, also wants more Fed money printing and wants to eliminate the mortgage-interest tax deduction!

WSJ has the horrid details:

Perhaps there’s a reason Harvard economist Gregory Mankiw, an adviser to Mitt Romney, started out a speech Thursday night by pointing out that he and the former Massachusetts governor don’t always agree.

Speaking at Princeton University, Mr. Mankiw, former chairman of the
Council of Economic Advisers under President George W. Bush, made the case for a
consumption tax, offered support for the Federal Reserve’s stimulative
experiments and noted that the popular mortgage-interest tax deduction isn’t
sound policy.

1 comment:

  1. Romney is going to be the nominee. Most Americans are not deep thinkers and DO want "Free" things from the federal money tree. Buying gold and silver now is the best hedge against the future results of another big spending president.