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Remember how that $600/taxpayer stimulus last year kept the economy from going down the tubes? [View All]

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eridani Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-10-09 10:22 AM
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Remember how that $600/taxpayer stimulus last year kept the economy from going down the tubes?
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Oh, wait......

Insanity--doing the same thing over and over again and expecting different results. With a single exception, tax cuts of about $1000 are a really useless waste of money that could be better spent directly on job creation. Having the government make one mortgage payment for you will do nothing for the economy, but government investment in green jobs will enable you to make mortage payments on a regular basis.

The single exception is a temporary holiday on payroll taxes (Social Security and Medicare) that would benefit mostly those who have the lowest incomes.
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