Some people say the Federal Reserve has too much power and is not accountable to the Congress. Others say it is best to have an independent body that can make unpopular decisions. Do you think the Federal Reserve should be more accountable to Congress or left as an independent body, or should it be abolished entirely?
The U.S. Congress is considering whether to renew most or all of the (George W.) Bush tax cuts that expire at the end of December (2010). In your view, what action would be best for the US economy?…Extend the tax cuts permanently for all income levels. Extend the tax cuts permanently for the middle class but not for those earning $250,000 a year or more. Permanently extend the tax cuts for the middle class and extend for only two years the tax cuts for the highest income earners. Let all tax cuts expire as scheduled and return rates to previous levels to help cut the deficit.
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Posted by Shulamis Hes