Looks Like A Lemon

Krugman discusses the Bush plan to give money to the well off. Some have been calling it a stimulus package.

House Democrats and the White House have reached an agreement on an economic stimulus plan. Unfortunately, the plan — which essentially consists of nothing but tax cuts and gives most of those tax cuts to people in fairly good financial shape — looks like a lemon.

Republicans with there conservative ideology can not help the American people. It is not what they do.

The words of Franklin Delano Roosevelt come to mind: “We have always known that heedless self-interest was bad morals; we know now that it is bad economics.”

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