Phelps Doesn't See a Lot of Benefits to Tax Compromise
50 views · Published 23 March 2012 · 8:19 · Indexed 27 September 2026
Channel: Bloomberg Originals · 2012 · Entertainment
Dec. 14 (Bloomberg) -- Edmund Phelps, a Nobel Prize-winning economist and professor at Columbia University, talks about President Barack Obama's $858 billion agreement with Republicans to extend all Bush-era income-tax cuts and its likely impact on the U.S. economy.
Phelps, speaking with Matt Miller and Carol Massar on Bloomberg Television's "Street Smart," also discusses Federal Reserve policy. (Source: Bloomberg)
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