Friday, July 10, 2009

No Tax Cuts !!

The New York Times: Has an article by the Nobel Prize winning economist, Paul Krugman, Mr Krugman states the following on the Obama Economy and future spending, " including, quite possibly, another round of stimulus — may be necessary. " I have read the article twice, but in less I missed it, Mr Krugman does not mention tax cuts, the one sure way to get the economy going out of a recession. If you spend money more money when the first stimulus did not work you invite inflation. The Obama Economic Plan has not worked, Obama should follow the path of Ronald Reagan, cut taxes, cut government spending with the exception of Defence and not try to create a NHS in the USA. Please read this article and if you see tax cuts mentioned please reply to this post. Why are Liberals afraid to give money back to the tax payer, it seems they are more interested in backgrupting the USA, can I get Nobel Prize in Economics, my following the Reagan plan would work for the USA.

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