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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: slacker711 who wrote (102880)2/2/2009 10:21:53 PM
From: JohnM  Respond to of 542149
 
Both of us had better hope that the multiplier impact of tax cuts is greater than Krugman believes.

As I've read the arguments, the tax cuts have less multiplier effect than the safety net stuff, but both come online much quicker than, on average, the infrastructure stuff. That's one of the reasons for the logic of the structure.

Admittedly that's putting logic on political tradeoffs. But that doesn't necessarily make them bad.