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epi.org - 1/25/2009
Tax cut approach has already been tried and failed as stimulus
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By Lawrence Mishel When it comes to reviving the economy, tax cuts do not work as well as smart public spending. That is economic common sense proven true by the past two attempts at tax-cut stimulus, in 2008 and in 2003-04. And yet, incredibly, we are starting to hear the same old ...
economistsview.typepad.com - 1/22/2009
Tax Cuts, Government Spending, Public Goods, and the Stimulus Package
— economistsview.typepad.com — Tax cuts won't build schools, or any other public good. And right now, with so much of... our infrastructure in need of attention, we need public goods. We tried the tax cut approach to stimulating the economy once, we had no choice since Bush and the ... (more) Tax Cuts, Government Spending, Public Goods, and the ...

Comments vote down The visible hand in economics found this 1/22/2009found this
economistsview.typepad.com - 1/26/2009
The 2003 "Jobs and Growth" Plan (Tax Cuts) Didn't Work
— economistsview.typepad.com — Larry Mishel on the effect, or more precisely the lack of effect, of the 2003 tax cuts... on "Jobs and Growth": Tax cut approach has already been tried and failed as stimulus :...[The administration claimed t]he Bush tax cuts of 2003 ... (more) The 2003 "Jobs and Growth" Plan (Tax Cuts) Didn't Work

Comments vote down EconoSpeak found this 1/26/2009found this
safehaven.com - 1/27/2009
Stimulus for Who?
— safehaven.com — This week the House is expected to pass an $825 billion economic stimulus package. In reality, this... bill is just an escalation of a government-created economic mess. As before, a sense of urgency and impending doom is being used to extract ... (more) Stimulus for Who?

Comments vote down Bear Mountain Bull found this 1/27/2009found this

Blog Reactions

Economist's View:  The 2003 "Jobs and Growth" Plan (Tax Cuts) Didn't Work

Stefan Karlsson's blog:  The Effects Of The 2003 Tax Cuts

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Blog Reactions

The 2003 "Jobs and Growth" Plan (Tax Cuts) Didn't Work
Economist's View — ... Tax cut approach has already been tried and failed as stimulus:...[The administration claimed t]he Bush tax cuts of 2003 ... would generate 1.4 million jobs on top of the 4.1 million jobs that were expected to be generated over the eighteen months following June 2003. See ...

The Effects Of The 2003 Tax Cuts
Stefan Karlsson's blog — ... about a study about the 2003 Bush tax cuts from the Economic Policy Institute, which (much like Thoma) is leftist. The conclusion, not surprisingly, is that the tax cuts failed to generate growth ...

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