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View Diary: Greenspan: Let the Bush tax cuts expire (205 comments)

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  •  I agree. (1+ / 0-)
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    Geekesque

    I mean, economically, I don't think it's a bad thing to let all the cuts expire, but it was a line in the sand that the president drew, and he shouldn't cross it unless he's prepared to get the "read my lips" treatment.

    "Philosophy is useless; theology is worse"--Dire Straits

    by Bush Bites on Thu Jul 15, 2010 at 02:34:15 PM PDT

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    •  Actually, in terms of economics it probably (0+ / 0-)

      is bad to let them expire--tax cuts to lower income folks has a direct stimulative effect--it puts more money into people's pockets to spend.

      Good economy:  cut spending and raise taxes

      Bad economy:  raise spending and cut taxes

      "[R]ather high-minded, if not a bit self-referential"--The Washington Post.

      by Geekesque on Thu Jul 15, 2010 at 02:36:24 PM PDT

      [ Parent ]

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