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A free floating commentary on culture, politics, economics, and religion based on a passionate commitment to the truth and a desire graciously to refute that which is contrary to it….
"He must hold firm to the sure word as taught, so that he may be able to give instruction in sound doctrine and also to confute those who contradict it."
--Titus 1:9, Revised Standard Version
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James Pethokoukis: Tax Cuts considered—Obama’s September surprise?
2) Payroll tax cut is not a bad idea for stimulus, but U.S. has longer-term job and growth problem that needs to be addressed.
3) Payroll tax cut for $400 billion in early 2009 would have been better than Obama’s $862 billion plan.
4) Any short-term tax cut should be coupled with long-term deficit reduction plan.
Read it all.
Filed under: * Economics, Politics • Economy • Consumer/consumer spending • Corporations/Corporate Life • Housing/Real Estate Market • Labor/Labor Unions/Labor Market • Taxes • The U.S. Government • Politics in General • Office of the President • President Barack Obama
Next entry (above): From the Morning Bible Readings
Previous entry (below): David Leonhardt--Tax Cuts That Make a Difference
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