One Way to Trim Deficit: Cultivate Growth

This article alludes to the effects of the late 1990's when the government implemented fiscal policy to expand the economy. On the other hand, to try and repair the deficit in todays time, the Fed implemented a policy in which taxes should be highered. This led to growth; people's income increased and it casued more tax revenue to flow into the Treasury. This article also relates to the Economic Outlook Conference held in Hamilton Williams- in regaurds to growth in the Midwest.