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View Diary: Republicans are concern trolling Social Security and the payroll tax cut (66 comments)

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  •  i don't care for that approach either (0+ / 0-)

    Because it allows for undirected consumer spending.  It would probably provide a temporary boost but no long term gain.

    The right prescription is heavy government investment in infrastructure projects, to generate employment AND to get some long term returns.  Infrastructure breeds private commerce.

    •  I agree - giving people with jobs, when the (0+ / 0-)

      real unemployment is 16% or so, 2% of their income, either spread out or in a lump, is weak stimulus, when you could be putting some of those people to work.

      Indeed, instead of a 2.5% payroll tax cut, the same dollars could be give jobs to just under 3% of the workforce, with about the same distribution of income as the overall workforce.

      Non enim propter gloriam, diuicias aut honores pugnamus set propter libertatem solummodo quam Nemo bonus nisi simul cum vita amittit. -Declaration of Arbroath

      by Robobagpiper on Tue Dec 06, 2011 at 10:32:15 AM PST

      [ Parent ]

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