Spitzer: Think Bigger on the Economy
Posted in Main Blog (All Posts) on September 15th, 2010 4:50 am by HL
Spitzer: Think Bigger on the Economy
Former New York Gov. Eliot Spitzer (D) said that President Obama’s economic policies have avoided catastrophe but not done enough to change troubling long-term trends. He thinks the U.S. needs to adopt “a significant carbon tax to pay for a massive reduction of the payroll tax, thereby stimulating hiring; a real agreement by China to revalue its currency in return for access to U.S. markets; another significant uptick in auto efficiency rules in return for a massive federal investment in the research and development and infrastructure for domestically produced electric cars.”