Ok, I'm done laughing... The author thinks "Tax cuts may have some role" but they didn't do much in last years stimulus, "it just wasn't very effective" and no one has given any argument as to why that would be any different this time, so thats a poor measure....
Well, let me enlighten the great Nobel Laureate....He forgot to mention in the 4 minute clip that the tax cuts in last year's stimulus plan WERE NOT TAX RATE CUTS. They were one time tax rebate checks. Huge Difference. Not only do tax rate cuts produce more jobs, they produce higher consumption expenditures and spur higher levels of investment... Oh ya, and their permanent versus a one time rebate check. Tax Rebate checks are great for politicians in Re-Election years (such as 2008). Jarrad On Feb 13, 2009, at 2:27 PM, Lance McCulley wrote: > http://fora.tv/2009/01/29/Paul_Krugman_Global_Economy#Paul_Krugman_Supports_Stimulus_Warns_No_Quick_Fix > > -Lance > > > --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Politically Opinionated Outspoken People Expounding Religion" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/pooper?hl=en -~----------~----~----~----~------~----~------~--~---
