Political Quotes

David Gergen: “I think to raise taxes now, first of all, would be bad economics, with a recession still under way and high…”

On the recordAugust 2, 2009
I think to raise taxes now, first of all, would be bad economics, with a recession still under way and high unemployment. But, secondly, I think the political price of doing that now would be just horrendous, and Democrats would lose badly in the 2010 elections.
Said by
David Gergen
Independent · Massachusetts

Editor's note · Context

Gergen discusses the potential negative consequences of raising taxes during a recession, particularly for the Democratic Party in upcoming elections.

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