The Mudcat Café TM
Thread #118544   Message #2566153
Posted By: DougR
13-Feb-09 - 02:50 PM
Thread Name: BS: Obama's First Televised Press Conference
Subject: RE: BS: Obama's First Televised Press Conference
Ebbie: A better stimulus plan would have been to follow the lead of JFK, Ronald Reagan and GWB. Cutting individual and corporate income tax and putting a moratorium on capital gains taxes would have been far more successful than the abomination the Congress is about to pass will be. It's a no brainer. To get out of recession, let the tax payers keep more of their own money and they will start buying things. When that happens, more people will be employed to sell build, market, and sell the "things."

Of course Congressional Democrat leadership isn't nearly as interested in arresting the recession as they are passing "pet" bills that they couldn't pass when the Republicans were in the majority. Neither is our new president.

DougR