Taxes and the Economy
January 19, 2008
The New York Times is reporting:
On Friday, President Bush called for $145 billion in tax rebates for American families and incentives for businesses to keep the economy from sliding into recession.
According to other media sources, Democrats are keen on the idea: They only disagree over the amount.
So Democrats and Republicans agree on the key point: More money in private hands stimulates the economy. It creates more jobs. It puts people in homes.
And yet it's still cool in popular circles to mock "Reaganomics." Go figure.