With All Due Respect Mr. President, That is NOT True.....

[Humble Janitor]

Originally Posted by peaceandlove

There is plenty of disagreement on whether a big-government stimulus project is the best way to bring the United States out of recession. The Cato Institute purchased a full-page ad in major newspapers across the country listing the names of several hundred economists who object to massive deficit spending as an economic stimulus. Cato scholars and ad signatories have made their case on television since the spending program was proposed. http://www.cato.org/fiscalreality

C-SPAN/Fox News/BBS/ABC/CNN/Larry King Live Video (3:21): http://reason.tv/roughcut/show/682.html
or: http://www.youtube.com/watch?v=hRkj5...layer_embedded

Alan Reynolds Assails 'Stimulus' Spending on CNN Video (4:46): http://www.youtube.com/watch?v=4nJ-U...layer_embedded

And pray tell, what does the Cato Institute have for a solution?

Is it that tired old model of cutting taxes? We've seen what cutting taxes has done for the last 8 years. Isn't it possible that cutting taxes only makes the rich people richer and depletes the coffers?

It would be nice if there were more NON-partisan folks coming out against this instead of just the right-leaning Cato Institute.