News & Notes, February 10, 2014
News: E.J. Dionne commentary: Discredited economic theory is at root of gridlock, Columbus Dispatch Notes: Many theories exist on how the government should be involved with the economy. In Ohio, we continue to hear a mantra for more income tax cuts to improve the economy – even though these strategies have not created jobs. We need to invest in a high quality of life, a social safety net and economic stability during recessions. As Dionne highlights, some economic theories are not supported by history and the research. We need to base economic policy on facts not theories.