Bush tax cuts: ìpretty smallî

Recent Nobel Prize winning economist Edward Prescott wants more tax cuts: “What Bush has done has been not very big, it’s pretty small,” Prescott told CNBC financial news television. “Tax rates were not cut enough,” he said. Maybe more tax cuts would boost the economy, but it won’t win novelist vote.

Ted Balaker is an award-winning filmmaker, journalist, and founding partner of Korchula Productions, a film and new media production company devoted to making important ideas entertaining.