- Stimulus package doesn’t help poorest taxpayers.
- Falling house values cut property taxes and lower government revenue which results in less government employed.
- Short term tax cuts don’t help lower tax brackets.
- Rebuilding of infrastructure, help with dams, bridges has less chance of happening.
- California tax cuts effect education and prison systems.
- There will be a recession and it’s questionable how long it will be.
An Interview with Leo Panitch From the Real News