Obama makes the right move
The Obama administration's latest stimulus is very good. Keeping income tax rates where they are, extending unemployment, and a payroll tax cut boosts aggregate demand without the Government picking winners and losers, and without red tape.
More please
More please
posted by winterspeak at
8:54 PM
1 Comments:
it boosts employment at the margin as well. though that effect is severely limited by the 1 year time span. Hopefully they will be extended.
curiously when the article on bloomberg went up it included a paragraph repeating the fallacy of "splitting the cost" of certain taxes between employer and employee, by the time i sent an email it had already been removed.
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