Why business tax cuts won't work

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.