Tuesday, January 22, 2008

Would Tax Rebates Work?
My feeling is no. They may boost the economy a small amount. I am willing to bet that Bush want to take the money out of the social security trust fund, not the general fund. The Christian Science Monitor has an article that says maybe. If everyone spends the money. Most of the money will go to paying bills and to savings is my guess. The last time Bush gave a tax rebate less than 25% was spent. Not a good record for Bush.

If Bush really wanted to stimulate the economy he could create well paying jobs. That is not something republicans like to do. The National Parks have as much as 4.9billion dollars in deferred maintenance backlog. Release some money and jobs are created, now.

California already has the space dedicated to a high speed rail between Sacramento and LA. Lets build that.If the money is not used to create jobs do not spend it.

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