Dean Baker Quotes
Opening a small business is a reasonable thing for you to do but should tax payer, should an ordinary worker have to pay more money in taxes because someone across the street from them opened up a business which might well go under? For a lot of people opening a business is a bad choice for them. Most small businesses fail. I understand people wanting to give it a try and everything but we're not necessarily doing them a favor to say, take all your life savings, borrow to the hilt, and then struggle for three years and end up with nothing. We're not necessarily doing them a favor.
Dean Baker is an American macroeconomist and co-founder, with Mark Weisbrot, of the Center for Economic and Policy Research (CEPR) in Washington, D.C. He is credited as one of the first economists to have identified the 2007–08 United States housing bubble.