CNNW Your Money October 20, 2012
In 2013 and 2014, romneys plan, as attractive as it sounds, is in doubt. Kevin hasset is an economic adviser for the Mitt Romney Campaign and author of some of the economic plans. Kevin, romney plans seem to assume that simple act of lowering taxes will generate enough growth to raise the revenue to pay for the steep cost of those cuts. But a lot of economists agree with that notion. Its a classic chicken and egg scenario. I talked to Larry Summers a couple days ago. He cant get the math to work either. Its easy to have an attractive tax plan if your Campaign Staff can make it up. The reality ...