An Alternative Stimulus Plan – Payroll Tax Cut
January 14th, 2010 | by BGuzzardi |
Pat Toomey advocates payroll tax cuts as a real world policy that will work.
While the economy has finally started to grow, the disturbingly high unemployment rate is increasing pressure from the left to double down on this year’s poorly designed fiscal stimulus bill. Since the stimulus bill was signed, the ranks of the unemployed have grown by over three million (over four million if involuntary part-time and discouraged workers are included). The unemployment rate, which the Obama administration projected the stimulus would contain at 8%, is now 10.2%.
One Response to “An Alternative Stimulus Plan – Payroll Tax Cut”
By Elizabeth A. Male on Jan 14, 2010 | Reply
Of course Mr. Boskin is absolutely correct. Tax cuts would be a more effective stimulus, but again, “job creation” or “stimulus” is a false flag. The real agenda here is to deliver more command and control of our economy to government minders. They will never empower the individual or businesses to solve their own problems. Government must be the savior. Furthermore, Social Security and Medicare tax cuts would accelerate the coming default. As a result, these effective, common-sense measures will not be considered.