A couple thoughts from DFLEF Board Member Christina Wessel on the futility of addressing the economic crisis with business tax cuts:
- Mark Zandi at Moody's provides an in-depth analysis of various stimulus proposals and their "economic multipliers" (read: spending works better than tax cuts). He has a lot of footnotes for further reading on stimulus plans.
- Nan Madden of the Minnesota Budget Project notes that in Minnesota, Gov. Pawlenty's budget proposals run the opposite direction from economic recovery.



Economic stimulus: getting the biggest bang for the buck
We have great hopes that President Obama has the wisdom, courage and political savvy to persuade Congress to adopt a really effective American Reform and Recovery package. It's no secret that some investments are more effective than others. For a clear picture of what pays off and what does not, take a look at this graphic from Mother Jones:
January 27, 2009 in Commentary | Permalink | Comments (0) | TrackBack (0)
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