AP: Stimulus plan no quick fix for economy

Jan 25, 2009 18:28


http://news.yahoo.com/s/ap/20090125/ap_on_go_pr_wh/obama_economy

Here's a little tip for ya, if it's not immediate, it's NOT a stimulus plan, it's a spending plan.

The only sure way to stimulate the economy and immediately give people more wealth is to let them keep more of what they already earn.

That's called a tax cut.

Spending is what happens when ( Read more... )

politics

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Comments 7

hannah_henchman January 26 2009, 13:22:58 UTC
Tax cut = immediate fix?
Damn, and I already filed.

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dbara January 28 2009, 07:00:48 UTC
Actually, President Obama could write an executive order tomorrow and stop collecting taxes on everybody. That would be the quickest way. Bush 41 did this for three months in 1992 to try and stimulate the economy. He did, but still lost the election to Clinton.

db

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hannah_henchman January 28 2009, 07:27:25 UTC
*LOL*
You're a Rush fan, aren't you?

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dbara January 28 2009, 21:57:05 UTC
I never really liked Rush. I was always more of a Duran Duran/U2 kinda guy.

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