Monday, February 27, 2012

Good Point


From Fox "news'" token liberal:

[I]n looking back on the news coverage and the angry rhetoric used by the GOP during the congressional debate of the stimulus, it is striking how little discussion there was of what the stimulus actually entailed.

First, the bulk of it was composed of tax cuts. In fact, the stimulus was one of the largest single tax cuts in U.S. history. To say the stimulus failed is to make the argument that tax cuts do not stimulate the economy.

Ninety-five percent of all Americans got a tax cut under the plan. Small businesses and working families received a tax cut. First-time homebuyers received a tax credit. Parents caring for their young children received a tax credit. Some 8 million people received tax credits and financial assistance to help pay for their college education.

The next time a Republican brags about his or her opposition to the failed stimulus, a cynic might respond by asking why they hate tax cuts so much.


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