Max on why he wishes Kerry had a fiscal policy:

Broadly speaking, Kerry's plan aims to improve price signals. It could be called marginalist in inspiration. That's what's wrong with it. Elevating improved price signals as a fundamental job creator is supply-side economics. At bottom, it's a crock. It's amusing to see conservatives say price signals don't matter much. Except when Larry Lindsey is waving the semaphore flags, apparently. Supply-sider Bruce Bartlett provides background and relevant citations.

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