Wednesday, November 28, 2012

ALEC's Economic Policies Do More Harm Than Good, New Report Shows

ALEC's Economic Policies Do More Harm Than Good, New Report Shows
"ALEC's economic policies are largely the brainchild of the "father of supply-side economics," Arthur Laffer, promulgated with the release of the annual Rich States, Poor States: ALEC-Laffer State Economic Competitiveness Index (RSPS) report. The most recent (fifth) edition was published in July 2012ALEC's and Laffer's recommendations to promote economic growth include the reduction or abolition of progressive taxes, fewer investments in education and other public services, a smaller social safety net, and weaker or non-existent unions."