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Legal Commentary

: Althouse

"It's the recession that creates a political opening here. I think there's great receptivity on the part of legislators... because of the economy."

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Receptivity to what? To higher taxes here in Wisconsin, where there is a $5.4 billion budget shortfall. The quote above is from Jack Norman, the research director of the Institute for Wisconsin's Future. I'd really like to know why the recession creates receptivity to higher taxes. Is the idea that when people are beaten up badly enough they won't notice a few extra punches?

Full post as published by Althouse on November 29, 2008 (boomark / email).

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What is a recession Inquiring minds (that is, one of your federal legislators) wants to know...

Down economy, Part 8: What to do if your revenue goes down

Congress’s Role in an Economic Downturn

Employment Recession Probability Index

What is a Recession, Who Decides When It Starts, and When Do They Decide

China M&A activity unlikely to slow down, economy appears immune from U.S. recession

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