http://www.nytimes.com/2008/01/23/opinion/23wed1.html?hp
http://www.nytimes.com/2008/01/17/business/17fiscal.htmlIf there is one message above all from this weeks global market turmoil, it is that the White House and Congress need to put aside their political and ideological differences and come up with a sound stimulus plan that helps to restore both confidence and the economy. The best way to do that is with a package that will get money back into the economy as efficiently as possible: bolstered unemployment benefits, more generous food stamps, aid to states and tax rebates that also go to low-income workers who are most likely to spend their extra cash immediately.
Does anyone here think that running up the deficit to give more money to the unemployed, increasing food stamps and medicaid, and cutting the amount of taxes to small businesses is going to do anything to the economy? Just because they will spend there money real fast means nothing. They aren't going to stimulate jobs, or provide any lasting economic growth or stability.Among the proposals circulating among Democrats are one-time tax rebates to almost all workers; temporary increases in unemployment benefits, food stamps and Medicaid payments; and federal grants to state and local governments.