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Obama's Stimulus Plan Won't Stimulate

  • Dick Morris - GOPUSA
  • Dec 12, 2008

The economic stimulus plans unveiled by President-elect Obama over the weekend won't do much to help the economy. But they will vindicate all the dreams of liberal Democrats for higher government spending.

Of course, the basic choice facing any politician seeking to stimulate a moribund economy is whether to catalyze the supply side with tax cuts on business or the demand side by way of spending increases. Obama obviously made that choice years ago: He will work the demand side.

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