Vitaliy wrote: > Raising taxes during a recession is considered by economists to be a > Very Bad Idea, because it creates the inevitable deadweight loss > (i.e., makes the recession worse). With all other options exhausted, > printing more money or borrowing are lesser evils. Ah... the economists :) If only there was ever a time considered "non-recession" when that borrowed money is paid back. I think I've never seen that, which makes this approach a little less ... how do I say ... "sustainable" maybe? This approach may look good "on paper", but only if you forget about the small details along the road (bridges etc. :) Gerhard -- http://www.piclist.com PIC/SX FAQ & list archive View/change your membership options at http://mailman.mit.edu/mailman/listinfo/piclist