The Republicans want more Bush tax cuts. Redoing the same plan will result in the same tax-increase in ten years on top of added debt today. Republicans claim they don’t want to burden children with the debt, but that’s exactly what repeating Bush economic policy will do. However the best way to get the economy going again is to make sure consumers have money in their pockets to increase demand. Taxing people won’t help anything.
Most small businesses aren’t on the stock exchange. Repeal the Bush capital gains tax, and use that money in stimulus checks split evenly among everybody. Last time Republicans tried stimulus checks the rich got fatter checks. This time the money should be split evenly among all peoples since it’s the middle class that’s bearing the burden of the economic disaster. The middle class that could use that money the most. For the rich folk $1000 is a night out or a casino chip. For the middle class $1000 is megalithic money. The Feds are monkeying around with $600B. That money split among everybody is roughly $1800. How would small businesses be doing if every customer had $1800 in their pocket?
I guess the question I would ask an economist would be “Is inflation the same no matter where $600B goes?”
