Monday, January 21, 2008

Stimulus

We don't need the kind Bushco is selling. Krugman:

But — you knew this was coming, didn’t you? — it seems that the Bush administration wants to restrict the plan to income tax rebates. This means excluding the people most likely to be liquidity-constrained — because people having a bad year probably won’t owe income taxes that year — and shying away from any aid to direct government spending.
Atrios makes an infrastructure point. Hooray, infrastructure!

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