All Commentary
Tuesday, October 5, 2010

Obama Says Tax Cuts Not Best Way to “Spend” Money

“Intending to talk about colleges and worker training, President Obama on Monday suddenly found himself in a spirited election-year debate with a business advisory group about whose tax cuts should be extended and for how long…. ‘If we were going to spend $700 billion, it seems it would be wiser having that $700 billion going to folks who would spend that money right away,’ he said.” (Washington Post)

Cutting taxes is not a form of government spending!

FEE Timely Classic
“The Grasping Macroeconomic Managers” by Sheldon Richman