24h-payday

Obama’s tax goals

Because the video’s creator cut in footage from Penn & Teller, there’s a fair amount of swearing, but it’s still a good video:

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One Response to “Obama’s tax goals”

  1. on 24 Oct 2008 at 1:35 pm Quisp

    Here’s a bit of comforting economic philosophy:

    Some economists contend that federal dollars devoted to items like unemployment benefits and food stamps are more efficient tools to boost the economy than tax cuts and they say money devoted to infrastructure projects has lasting economic benefits.

    “Since unemployed persons typically spend their checks to meet basic needs, the program yields a particularly large ‘bang for the buck,’” said Jared Bernstein, senior economist for the liberal Economic Policy Institute.

    (5th and 6th paragraphs in this article: http://news.yahoo.com/s/ap/20081024/ap_on_go_co/meltdown_economic_stimulus )

    The line between lunacy and lucidity seems awfully blurry lately.

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