openleft.com - 1/9/2009
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In light of my post yesterday about Larry Summers and the Obama economic team not listening to progressive concerns about the business tax-cut currently in the stimulus proposal, I'd like to highlight another passage in the New York Times story already discussed by David earlier today :
Senator ...
openleft.com - 1/9/2009
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openleft.com —
Quite a few Democratic Senators are expressing concern
over the business tax cuts in Obama stimulus plan....
An MSNBC story points to critical comments from John Kerry and Kent Conrad . A couple hours ago, Talking Points Memo quoted Tom Harkin expressing ...
(more)
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Eschaton —
Well, I hope it was, anyway. It isn't controversial to state that there are a lot of underfunded and deferred infrastructure projects in this country. It isn't controversial to state that expenditures on such projects (and extending UI and increasing food stamps) perform as a better stimulus than do tax cuts. It isn't controversial (right now) to state that we need a massive, expensive, and effective stimulus. The conclusion one should draw from these uncontroversial points is rather obvious.
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