Thursday, October 13, 2011

Herman Cain's '999 plan': long overdue tax reform or job killer? - CSMonitor.com

Herman Cain's '999 plan': long overdue tax reform or job killer? - CSMonitor.com

One of the major implications would be moving the nation away from consumption. That may not be so bad, says Mark Zandi, chief economist at Moody’s Analytics in West Chester, Pa. “The more we save and invest, the stronger our economy would be.” But, he quickly adds, “It’s not exactly what I would do, but I sympathize with the spirit.”