Do Stimulus Packages Work?

  • 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 

 

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