Should Congress Pass a New Stimulus Bill? No, Cut Taxes and Curb Spending Instead The first stimulus
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Should Congress Pass a New Stimulus Bill? No, Cut Taxes and Curb Spending Instead The first stimulus was not too meager, but it was the wrong policy prescription. Anybody who studies economic history would know that government spending doesn’t produce long-term, sustainable growth, and jobs. The only sure way to perk up the job market is to cut taxes permanently and rein in public spending and excessive regulation.
Source: sgvtribune.com, September 11, 2010 Economists from which macroeconomic school of thought would recommend a second spending stimulus and which a permanent tax cut?
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