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Politics : View from the Center and Left
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To: koan who wrote (191981)6/18/2012 1:26:29 PM
From: Steve Lokness  Read Replies (1) of 543848
 
<<<<<<Bush's tax cuts were not meant to stimulate the economy. They were to give surplus money back to the rich.>>>>>

Okay fine - I think they were and did, but if you're convinced they aren't a stimulus then fine, we disagree on that. BUT you can hardly argue that the checks sent to all Americans weren't a stimulus and surely you won't argue that the lowered interest rates weren't keynesian style stimulus . Lower interest rates to spur the economy are right out of Keynes playbook. And the government spending on the wars are also pure keynes stimulus spending. You (and I ) might not like that spending of money on blowing up countries - and fixing them with American labor and American made stuff, but we are then arguing political policy and not economic policy.
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