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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (494348)7/11/2009 2:14:36 PM
From: SilentZ  Read Replies (3) of 1573150
 
>Stimulus is a much more obvious and likely generator of economic improvement. You spend the stimulus; that creates work and jobs. With tax cuts, you've got to hope that businesses and individiduals will spend the savings and not hoard it. And there is enough evidence in that suggests hoarding is the way most people go.

Also, common sense... why would a smart businessman hire people just because he has more money to spend? I certainly wouldn't hire somebody to create more of a product that there isn't excess demand for.

-Z
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