Bush didn’t push his permanent tax cuts too hard…
So, how did you spend that 300.00 rebate check you got from long ago? I doubt individuals will give it back to a economy. a reason—Bills, bills, bills…. Anyway, all you economists please comment on a Bush economy speech…
Kevin Drum picks up on a tax cut point & says:
Bernanke is saying, as clearly as he can, that a temporary economic downturn shouldn’t be used as a cynical excuse to pass new long-term tax cuts or to make existing tax cuts permanent. Not only would that have no effect on a economy right now, but it would likely make future economic problems even more intractable.
Original post by John Amato and software by Elliott Back
