Tax cut, part 2


So, why does this matter? Because the administration is being dishonest about how much stimulus the tax cut will provide. The tax cuts are going to increase the deficit. The increased deficit will be a drag on the economy, and an obstacle to funding Medicare and Social Security for the coming baby boomer retirements.

Why, in that case, do we keep voting for these losers who are deceiving us? I don't know. Brad DeLong cites Max Sawicky in another case of the administration playing fast and loose with numbers.

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