In article , says...
On Sat, 7 Feb 2009 14:23:42 -0500, Kali wrote:


You can start with Nobel Prize winning Paul Krugman:

Not intersted in socialist economists.

He isn't a socialist, he is a liberal.

But can understand why those of you tit suckers who want Uncle Sugar
to pay for abortions, sex ed, child care, job-finding assistance would
be.

Surprised you don't want the government to provide you with a personal
trainer and a masseuse.

Here's a very easily understood primer on the conflict:

http://www.businessweek.com/bwdaily/...n2009/db200901
27_702149.htm?campaign_id=rss_topStories

I'll stick with the guy who saw all of this coming a long time ago;
the guy who won a Nobel Prize; an eminent scholar of the Great
Depression. Hopefully there will be enough spending to really get
the economy going again.

You can go ahead and insist on tax cuts only or the extreme
conservative view: do nothing. But I think something is going to be
done, regardless. Personally I think the GOP should sit down and
STFU after what they've dragged us through economically, but I fear
Obama will put the appearance of bipartisanship over all else.

In a couple of years we'll know if Moody's multipliers are correct -
they are less generous on the effect of tax cuts than Obama's team's
multipliers.

Lump sum tax rebate: 1.02
Temp across the board tax cut: 1.03
Temp payroll tax holiday: 1.29

Perm/extend AMT patch: .48
Bush tax cuts permanent: .29
Cap gains/div tax permanent: .37
Perm cut corporate tax rate: .30

Extend unemployment benefits: 1.64
Temp increase in food stamps: 1.73
General aid to state govt: 1.36
Increased infrastructure spending: 1.59

http://www.economy.com/mark-zandi/do...the-impact-of-
the-fiscal-stimulus.pdf

[... and another dumbass wingnut greggie sock goes into the bin.]
--
Kali

“This is not a stimulus bill; it is a spending bill.”
-Sen. John McCain

“What do you think a stimulus is? Spending, that is the whole
point.” -Pres. Barack Obama