Friday, September 23, 2011

On Democratic Tax Cuts: Economic Signals Heighten Worries of a Double-Dip - WSJ.com

Economic Signals Heighten Worries of a Double-Dip - WSJ.com

As for Democratic tax cuts, it might be noted that the populist nature of these cuts ignores what most business economists would call common sense - i.e. they are short term and balanced with proposed higher taxes on entrepreneurs and investors.

Bottom line, investors want the money in their pocket - not their employees or those on the Federal dole.

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