Archive - Feb 2009

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February 20th

Repeating the failed policies of the past

The nonpartisan Congressional Budget Office has done an analysis of the federal economic stimulus package and predicts that while it will result in short-term growth and job creation (over the next year or so), the long term effects will likely include a "crowding out" of private investment, resulting in a lower gross domestic product.

February 6th

My thoughts on the government "stimulus" package

When asked if increasing government spending or reducing taxes on business would best get the country out of the current recession, people responding to a recent CBS News poll answered as follows:
59% favored reducing taxes
22% favored increasing spending.

A similar question mentioned taxes in general rather than business-specific tax breaks. In response to this:
62% favor tax cuts