Friday, September 9, 2011

Another round of stimulus?

By request, some comments on the American Jobs Act.

The advertised benefits:
- More jobs (how is not really addressed)
- Extension of Unemployment Insurance Benefits (already at 2 years).
- Tax cuts (?)

The drawbacks:
- Costs $400B, yet only cuts taxes $175B or so.
- Extends Unemployment - which is already too long!
- Has some other hidden costs.
- Liberals really want it - isn't that enough reason to avoid?

Article 1
Article 2

No comments:

Post a Comment

Your comment will be displayed after approval.
Approval depends on what you say and how you say it.