Tuesday, January 08, 2008

For Fiscal Stimulus

My friend and colleague Alex argues against a "fiscal stimulus" for the economy. I respectfully conditionally disagree on starve the beast grounds. I am hoping for tax cuts or at least the permanentization of existing "cuts". Not temporary or targeted cuts, just cuts. Not sayin' they'll have their intended short run business cycle effects, just sayin' I like cuts whatever the reason.