Today on a Fox News Roundtable - Bill Kristol kept saying that it would be wrong to raise taxes during a recession. Well Bill, I have news for you, the recession is over:
Is the Recession Over?
Technically it was over last year (2009). The problem is that people feel that since unemployment is still high, that the recession is no over. Actually, lots of companies are making profits and lots of people are making insane amounts of money again. They are doing okay while many are still fighting for the few jobs out there.
Now, I am not saying that there are not problems. The concept of a jobless recovery, but its own definition is a problem. But let us not say that we can't raise taxes because we are in a recession, because that is technically not correct.
ChrisZ
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