MainLine Peace Action/DelMont PDA

November 26, 2010

The Bush Tax-Cuts Were Not Good For Growth

Filed under: economics — Tags: , , , — Walter Ebmeyer @ 11:31 am

David Englehardt shows rather convincingly that the years of the Bush tax cuts were the worst for economic growth since World War II.  One must question why anyone would argue that maintaining the cuts would be good for future growth.  We should have learned that lesson.

http://economix.blogs.nytimes.com/2010/11/18/were-the-bush-tax-cuts-good-for-growth/

August 23, 2010

Krugman On Tax Cuts For The Wealthy

Filed under: Uncategorized — Tags: , , , , — Walter Ebmeyer @ 7:26 am

The Republicans and conservative Democrats want to extend the Bush tax cuts at enormous cost to the federal budget.  They say it would benefit small businesses.  How many small businessmen do you know who make several million dollars a year?  No.  This is about greed and it is a serious threat to the Republic.  Read our favorite economist on the subject.

http://www.nytimes.com/2010/08/23/opinion/23krugman.html?emc=eta1