Me on Obama and Brown
By David Henderson
Just up on Forbes.com is an article by me on tomorrow’s meeting between President Obama and Prime Minister Brown. It’s titled, “Will Obama and Gordon Brown Cook Up a Tax Cartel?”
In it, I talk about what they, as good Keynesians who believe in inflexible wages, should talk about, namely reducing or abolishing the minimum wage and about what I fear they will talk about, namely colluding to make it hard for low-tax countries to survive as low-tax countries.