SlideShare uma empresa Scribd logo
1 de 32
The Right and Wrong Way of Responding to the Financial Crisis
The Economy and Financial Markets ,[object Object],[object Object],[object Object],[object Object],[object Object]
Global Downturn ,[object Object],[object Object],[object Object],[object Object]
Who Deserves the Blame? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Misguided Bailout ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What Should Happen? ,[object Object],[object Object],[object Object],[object Object]
What Will Happen? ,[object Object],[object Object],[object Object],[object Object]
The Return of Keynesianism ,[object Object],[object Object],[object Object],[object Object]
Real-World Evidence ,[object Object],[object Object],[object Object],[object Object],[object Object]
What Should Government Do? ,[object Object],[object Object],[object Object]
Two Major Fiscal Policy Issues ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What is Good Tax Policy? ,[object Object],[object Object],[object Object],[object Object]
 
The Ideal Tax System ,[object Object],[object Object],[object Object]
Obama’s Dismal Tax Agenda ,[object Object],[object Object],[object Object],[object Object]
America Will Move Backwards ,[object Object],[object Object]
America’s Dismal Spending Record ,[object Object],[object Object],[object Object]
What Will Obama Do on Spending? ,[object Object],[object Object],[object Object],[object Object]
Curtailing the Welfare State ,[object Object],[object Object],[object Object],[object Object]
Government Spending and Growth ,[object Object],[object Object]
The “Rahn Curve” ,[object Object]
Empirical Estimates of the Rahn Curve ,[object Object],[object Object],[object Object]
What About Wealthy Welfare States? ,[object Object],[object Object],[object Object],[object Object]
Burden of Government Used to be Small
Growth is the Best Option ,[object Object],[object Object],[object Object],[object Object]
 
What is Being Maximized? ,[object Object],[object Object],[object Object],[object Object]
What Does this Mean for Taxes? ,[object Object],[object Object],[object Object],[object Object]
When Does Atlas Shrug? ,[object Object],[object Object],[object Object],[object Object]
 
 
Conclusion ,[object Object],[object Object],[object Object]

Mais conteúdo relacionado

Mais procurados

Ch 13 presentation
Ch 13 presentationCh 13 presentation
Ch 13 presentationkrobinette
 
Principle of maximum social advantage
Principle of maximum social advantagePrinciple of maximum social advantage
Principle of maximum social advantageCHOWDAPPA V A
 
20121222 mankiw economics chapter36
20121222 mankiw economics chapter3620121222 mankiw economics chapter36
20121222 mankiw economics chapter36FED事務局
 
Public Sector economics
Public Sector economicsPublic Sector economics
Public Sector economicsSatish Kumar
 
Economic Intervention: Deprogramming Conservatives
Economic Intervention: Deprogramming ConservativesEconomic Intervention: Deprogramming Conservatives
Economic Intervention: Deprogramming ConservativesDavid Doney
 
The Great Rightward Shift: How Conservatism Shifted the Money to the 1%
The Great Rightward Shift: How Conservatism Shifted the Money to the 1%The Great Rightward Shift: How Conservatism Shifted the Money to the 1%
The Great Rightward Shift: How Conservatism Shifted the Money to the 1%David Doney
 
20091128 mankiw economics chapter1
20091128 mankiw economics chapter120091128 mankiw economics chapter1
20091128 mankiw economics chapter1FED事務局
 
Stiglitz
StiglitzStiglitz
StiglitzM R
 
Unit 14 government spending
Unit 14 government spendingUnit 14 government spending
Unit 14 government spendinggatorgirlnc
 
Ch16 Budget
Ch16 BudgetCh16 Budget
Ch16 Budgetgrieffel
 
Chapter 9 presentation
Chapter 9 presentationChapter 9 presentation
Chapter 9 presentationkrobinette
 
Public finance chapter 7
Public finance chapter 7Public finance chapter 7
Public finance chapter 7Nayan Vaghela
 

Mais procurados (16)

Ch 13 presentation
Ch 13 presentationCh 13 presentation
Ch 13 presentation
 
Chapter 17
Chapter 17Chapter 17
Chapter 17
 
Principle of maximum social advantage
Principle of maximum social advantagePrinciple of maximum social advantage
Principle of maximum social advantage
 
20121222 mankiw economics chapter36
20121222 mankiw economics chapter3620121222 mankiw economics chapter36
20121222 mankiw economics chapter36
 
36
3636
36
 
Public Sector economics
Public Sector economicsPublic Sector economics
Public Sector economics
 
Economic Intervention: Deprogramming Conservatives
Economic Intervention: Deprogramming ConservativesEconomic Intervention: Deprogramming Conservatives
Economic Intervention: Deprogramming Conservatives
 
The Great Rightward Shift: How Conservatism Shifted the Money to the 1%
The Great Rightward Shift: How Conservatism Shifted the Money to the 1%The Great Rightward Shift: How Conservatism Shifted the Money to the 1%
The Great Rightward Shift: How Conservatism Shifted the Money to the 1%
 
Taxes
Taxes Taxes
Taxes
 
20091128 mankiw economics chapter1
20091128 mankiw economics chapter120091128 mankiw economics chapter1
20091128 mankiw economics chapter1
 
Stiglitz
StiglitzStiglitz
Stiglitz
 
Unit 14 government spending
Unit 14 government spendingUnit 14 government spending
Unit 14 government spending
 
Ch16 Budget
Ch16 BudgetCh16 Budget
Ch16 Budget
 
Chapter 9 presentation
Chapter 9 presentationChapter 9 presentation
Chapter 9 presentation
 
Public finance chapter 7
Public finance chapter 7Public finance chapter 7
Public finance chapter 7
 
Public finance
Public financePublic finance
Public finance
 

Destaque

Job interview workshop
Job interview workshopJob interview workshop
Job interview workshopChris Gilbey
 
Arts301 email etiquette and jobs
Arts301 email etiquette and jobsArts301 email etiquette and jobs
Arts301 email etiquette and jobsChris Gilbey
 
Lecture 1 session 2 2013 mk
Lecture 1 session 2 2013 mkLecture 1 session 2 2013 mk
Lecture 1 session 2 2013 mkChris Gilbey
 
Arts301 wk 2 2013 careers
Arts301 wk 2 2013  careersArts301 wk 2 2013  careers
Arts301 wk 2 2013 careersChris Gilbey
 
APDS Lecture 2005-10-18
APDS Lecture 2005-10-18APDS Lecture 2005-10-18
APDS Lecture 2005-10-18largess
 

Destaque (7)

Job interview workshop
Job interview workshopJob interview workshop
Job interview workshop
 
Arts301 email etiquette and jobs
Arts301 email etiquette and jobsArts301 email etiquette and jobs
Arts301 email etiquette and jobs
 
Lecture 1 session 2 2013 mk
Lecture 1 session 2 2013 mkLecture 1 session 2 2013 mk
Lecture 1 session 2 2013 mk
 
Storytelling you
Storytelling youStorytelling you
Storytelling you
 
Arts301 wk 2 2013 careers
Arts301 wk 2 2013  careersArts301 wk 2 2013  careers
Arts301 wk 2 2013 careers
 
Dunphy
DunphyDunphy
Dunphy
 
APDS Lecture 2005-10-18
APDS Lecture 2005-10-18APDS Lecture 2005-10-18
APDS Lecture 2005-10-18
 

Semelhante a Why Obama is wrong

As with most things in economics, taxation is a mixed blessing. It.docx
As with most things in economics, taxation is a mixed blessing. It.docxAs with most things in economics, taxation is a mixed blessing. It.docx
As with most things in economics, taxation is a mixed blessing. It.docxfredharris32
 
5 big lies about taxes
5 big lies about taxes5 big lies about taxes
5 big lies about taxesjpbernbach
 
Can the government go broke eea 2017
Can the government go broke eea 2017Can the government go broke eea 2017
Can the government go broke eea 2017pkconference
 
Conservative economic mythology
Conservative economic mythologyConservative economic mythology
Conservative economic mythologyDavid Doney
 
Do we Really need to Reduce US Debt
Do we Really need to Reduce US DebtDo we Really need to Reduce US Debt
Do we Really need to Reduce US DebtZiad K Abdelnour
 
Is the Fed blowing bubbles to cover up growing inequality.... …again?
Is the Fed blowing bubbles to cover up growing inequality.... …again?Is the Fed blowing bubbles to cover up growing inequality.... …again?
Is the Fed blowing bubbles to cover up growing inequality.... …again?Yannick Naud
 
JMI_Budget Debate_2003
JMI_Budget Debate_2003JMI_Budget Debate_2003
JMI_Budget Debate_2003Curt Leonard
 
Рейтинг вільних економік світу за 2016 рік
Рейтинг вільних економік світу за 2016 рікРейтинг вільних економік світу за 2016 рік
Рейтинг вільних економік світу за 2016 рікtsnua
 
National Debt and How to Deal With It
National Debt and How to Deal With ItNational Debt and How to Deal With It
National Debt and How to Deal With ItLuke Rzepiennik
 
Where's the money going
Where's the money going Where's the money going
Where's the money going TariqCarrimjee
 
Tax code spending, the fiscal cliff
Tax code spending, the fiscal cliffTax code spending, the fiscal cliff
Tax code spending, the fiscal cliffmslideshare11
 

Semelhante a Why Obama is wrong (17)

Free Market Road Show 2013 | Dan Mitchell
Free Market Road Show 2013 |  Dan MitchellFree Market Road Show 2013 |  Dan Mitchell
Free Market Road Show 2013 | Dan Mitchell
 
As with most things in economics, taxation is a mixed blessing. It.docx
As with most things in economics, taxation is a mixed blessing. It.docxAs with most things in economics, taxation is a mixed blessing. It.docx
As with most things in economics, taxation is a mixed blessing. It.docx
 
Budget Deficit Essay
Budget Deficit EssayBudget Deficit Essay
Budget Deficit Essay
 
5 big lies about taxes
5 big lies about taxes5 big lies about taxes
5 big lies about taxes
 
Can the government go broke eea 2017
Can the government go broke eea 2017Can the government go broke eea 2017
Can the government go broke eea 2017
 
Ashley dsol
Ashley dsolAshley dsol
Ashley dsol
 
Conservative economic mythology
Conservative economic mythologyConservative economic mythology
Conservative economic mythology
 
Do we Really need to Reduce US Debt
Do we Really need to Reduce US DebtDo we Really need to Reduce US Debt
Do we Really need to Reduce US Debt
 
Is the Fed blowing bubbles to cover up growing inequality.... …again?
Is the Fed blowing bubbles to cover up growing inequality.... …again?Is the Fed blowing bubbles to cover up growing inequality.... …again?
Is the Fed blowing bubbles to cover up growing inequality.... …again?
 
Common Myths About the Debt
Common Myths About the DebtCommon Myths About the Debt
Common Myths About the Debt
 
JMI_Budget Debate_2003
JMI_Budget Debate_2003JMI_Budget Debate_2003
JMI_Budget Debate_2003
 
Рейтинг вільних економік світу за 2016 рік
Рейтинг вільних економік світу за 2016 рікРейтинг вільних економік світу за 2016 рік
Рейтинг вільних економік світу за 2016 рік
 
National Debt and How to Deal With It
National Debt and How to Deal With ItNational Debt and How to Deal With It
National Debt and How to Deal With It
 
Fiscal Policy Essay
Fiscal Policy EssayFiscal Policy Essay
Fiscal Policy Essay
 
Chapter 17
Chapter 17Chapter 17
Chapter 17
 
Where's the money going
Where's the money going Where's the money going
Where's the money going
 
Tax code spending, the fiscal cliff
Tax code spending, the fiscal cliffTax code spending, the fiscal cliff
Tax code spending, the fiscal cliff
 

Último

B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxB.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxpriyanshujha201
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Dave Litwiller
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Neil Kimberley
 
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetCreating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetDenis Gagné
 
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Delhi Call girls
 
A305_A2_file_Batkhuu progress report.pdf
A305_A2_file_Batkhuu progress report.pdfA305_A2_file_Batkhuu progress report.pdf
A305_A2_file_Batkhuu progress report.pdftbatkhuu1
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxWorkforce Group
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...anilsa9823
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst SummitHolger Mueller
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Serviceritikaroy0888
 
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...Any kyc Account
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...lizamodels9
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Servicediscovermytutordmt
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Dipal Arora
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataExhibitors Data
 
Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Roland Driesen
 
Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...
Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...
Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...lizamodels9
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesDipal Arora
 
HONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael HawkinsHONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael HawkinsMichael W. Hawkins
 

Último (20)

B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxB.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetCreating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
 
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
 
A305_A2_file_Batkhuu progress report.pdf
A305_A2_file_Batkhuu progress report.pdfA305_A2_file_Batkhuu progress report.pdf
A305_A2_file_Batkhuu progress report.pdf
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptx
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst Summit
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Service
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors Data
 
Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...
 
Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...
Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...
Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
 
HONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael HawkinsHONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael Hawkins
 

Why Obama is wrong