Icon Why the stimulus won't work.
P
PatBrown (view)

http://online.wsj.com/article/SB123393201756256999.html#video%3D09409F87-C518-48C0-90A3-0875290EADFD%26articleTabs%3Dvideo

This is the kind of information I wish we had coming from the press. Instead we have them talking about partisan this and that and Obama's insisting that this non-stimulus bull going through. Again this is pretty simple stuff and this economist goes as far to say anything over 20% business marginal tax rates has the opposite effect on tax collection. Other honest economists agree that injecting this kind of money into the economy will also be inflationary down the road.
http://online.wsj.com/article/SB123388703203755361.html?mod=loomia&loomia_si=t0:a16:g2:r4:c0.177152:b0

All you have to do is watch what the market does after this bill goes through to understand how misguided it is. Was there ever a consistent spike in the market after the last bailout in November?

Thanks to Ross for the basic link
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