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What A Real Stimulus Plan Looks Like

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All American Blogger has posted a WSJ column from Rush Limbaugh on what Congress and Obama should be implementing.

I say, cut the U.S. corporate tax rate — at 35%, among the highest of all industrialized nations — in half. Suspend the capital gains tax for a year to incentivize new investment, after which it would be reimposed at 10%. Then get out of the way! Once Wall Street starts ticking up 500 points a day, the rest of the private sector will follow. There’s no reason to tell the American people their future is bleak. There’s no reason, as the administration is doing, to depress their hopes. There’s no reason to insist that recovery can’t happen quickly, because it can.

In this new era of responsibility, let’s use both Keynesians and supply-siders to responsibly determine which theory best stimulates our economy — and if elements of both work, so much the better. The American people are made up of Republicans, Democrats, independents and moderates, but our economy doesn’t know the difference. This is about jobs now.

Why isn’t this even being discussed? Why aren’t the economic experts (not Democrat cronies and lobbyists)being consulted?

Hot Air: Limbaugh’s Bipartisan Compromise. (What you won’t see from Democrats)

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Written by smalltalkwitht

January 29, 2009 at 9:03 am

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