MLUG: Re: [MLUG - DISCUSSION] Flat Tax
Re: [MLUG - DISCUSSION] Flat Tax
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If it's so friggin' great, Vern, then why does a professor of econ at U
Michigan claim that *no* respectable economist will support the plan?  Do
you really think that they need a lesson from you?
 
I doubt he needs a lesson from me, but the old saying "Those that can do, do, those that can't do, teach" comes to mine. If he was so good as an economist, then why is he toiling at a University making $150,000 a year? An economist of any merit could very well be making millions. If money means nothing to him, then why be an economist in the first place?

Listen, I don't claim to know what is best, but I definitely get the
feeling that I'm being hoodwinked by this Fair Tax idea.
 
Well, maybe you are, and maybe the guy you are relying on for you expert opinion is wrong. If there is one thing I have come to learn, being a teacher does not automatically make you right, more informed certainly, but something like this is very subjective. Certainly he is more informed then I am and if I needed to hire an economist, AND his resume came across my desk, I would consider him for the job, but only after seeing results will I ever be able to ascertain if he is really any good at what he does. Being a professor should not give anyone a free pass.
 
Of course without any "real" information about WHY he would say something so positively, there is no way I can whether he is right or wrong, but I have done some reading on the idea, and I find a great many economists who do not have as heavy of a negative opinion as your professor friend.

--
Thanks
F Vernon Green
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