Bartlett, Bruce, “The New American Economy, The Failure of Reaganomics and a New Way Forward,” Palgrave Macmillan, New York, 2009

“Of course, no one is going to raise taxes as long as the economy is in the doldrums  But the debate over fundamental tax reform will take years, and many more to actiually begin collecting revenue from a VAT.  The sooner the process starts, the sooner we will be ready for the impending fiscal storm.,” p. 187