GOP leaders are offering a sensible alternative to Speaker Pelosi, Majority Leader Reid and President Obama's "stimulus" package. As reported here, the Republican proposal would jumpstart the economy through major tax cuts and tax credits, including raising the child tax credit from $1000 to $5000. This combination of tax cuts and tax incentives is based on the tried and true notion that freeing businesses to grow and hire and allowing folks to keep more of their hard-earned money, will do more to stimulate economic growth than any amount of government spending.
It worked for Kennedy and Reagan and it can work for us. Call your Senators and Representative and demand that they vote NO on the current "stimulus" package and take a long look at the GOP alternative. (202) 224-3121
Showing posts with label cato institute. Show all posts
Showing posts with label cato institute. Show all posts
Wednesday, January 28, 2009
Republicans Offer Alternative Stimulus Plan - No Stimulus Package Blog
Economists Respond to "Stimulus" Package - No Stimulus Package Blog
Check out this advertisement featuring many economists' response to President Obama's $850,000,000,000 stimulus package. FYI, Keynesian economic theory asserts that government spending will induce private sector growth. As the CATO Institute ad relates, this terrible economic idea put into action failed to bail out the U.S. during the Great Depression and Japan during the 1990s.
Call your Senators and Representative and tell them to vote NO on the second "stimulus" package. (202) 224-3121
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