Tuesday, October 23, 2012

The Economist Ideal Candidate


"Recently, the smart folks over at NPR’s Planet Money decided, just for kicks, to ask five economists from across the political spectrum to design their dream candidate for president. Essentially, they wanted to know, what are the policies that virtually all economists will endorse, at least in principle?

Here’s the resulting platform:

    * Get rid of the tax deduction for mortgage interest on homes, raising about $90 billion.

    * Get rid of the tax benefit for employer health care, raising $184.5 billion.

    * Eliminate the corporate income tax. Entirely.

    * Reform the entire tax code so that we tax consumption (in a progressive way) rather than income, in order to boost growth.

    * Put a tax on carbon emissions.

    * Legalize marijuana–just tax it and regulate it."


Read the Washington Post, Economists design their dream candidate. But could he ever get elected?

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