Monday, January 05, 2009

Obama Plan to Include $300 billion in Tax Cuts

NYT Reports that Obama Plan to Include $300 Billion in Tax Cuts, that's about 40% of the total stimulus plan.

Paul Krugman thinks this is a mistake: Obama Relying Too Much on Tax Cuts

Is Obama already allowing the Republicans to set the terms of debate on economic policy by pandering to them? Will he go as far as to drop his pledge to rescind the Bush Tax cuts on the rich? If so, the Obama legacy is finished already.

Related:
Obama's Perilous Compromise with Wall Street Looters

No comments: