Monday, January 5, 2009

Is Obama relying too much on tax cuts? - Paul Krugman Blog - NYTimes.com

They just want Obama to fail. Whats wrong with that?


Is Obama relying too much on tax cuts? - Paul Krugman Blog - NYTimes.com: "Look, Republicans are not going to come on board. Make 40% of the package tax cuts, they’ll demand 100%. Then they’ll start the thing about how you can’t cut taxes on people who don’t pay taxes (with only income taxes counting, of course) and demand that the plan focus on the affluent. Then they’ll demand cuts in corporate taxes. And Mitch McConnell is already saying that state and local governments should get loans, not aid — which would undermine that part of the plan, too."

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