Bush Exploring Economic Stimulus Package

Associated Press ^ | Thursday January 3, 2008 | Deb Riechmann

[hedgetrimmer]

Bush is exploring an economic stimulus package to reinforce the U.S. economy. institute economic central planning thus institutionalizing the "free trade" agenda his administration has followed from the outset..

[Tarpon]

Why not stimulate oil drilling? I know a few sure spots ... ANWR, Destin dome, probably a few more off the coasts.

But I doubt the Dims would go along with it, it’s not in their socialist agenda to help people, improve people’s lives or make America more prosperous, but they are right there with the save the planet nonsense, save us from from freezing.

The good news is when the dims turn down the stimulus package then they own the recession.

[hedgetrimmer]

A consequence of “free trade” PING

[dfwgator]

“We are all Keynesians now.”

[spyone]

The upcoming recession is the result of free trade?

[raybbr]

Why would we need a “stimulus package” if our economy was doing so great as we are endlessly told on this forum? Inflation is low, unemployment is low and there’s money a-plenty. Bush must be turning into a protectionist...

[org.whodat]

Lets see jorge, fuel is nearly 400% higher than when you took office, there's probably 5 million additional illegals sucking up welfare and free housing. Everything I buy costs more, and everything I sell brings less.

You’ve done a bitching job, maybe even out paced your daddy.

[elkfersupper]

An excellent opportunity for across-the-board tax cuts and regulatory relief.

As such, I have no doubt it will be squandered.

[elkfersupper]

An excellent opportunity for across-the-board tax cuts and regulatory relief.

As such, I have no doubt it will be squandered.

[calcowgirl]

“We are all Keynesians now.”

My exact thought upon reading the headline.

[1rudeboy]

What if it’s another tax cut?

[1rudeboy]

Check this out . . . hedgetrimmer has been waiting six years (if not longer) to post comment #1.

[maui_hawaii]

It is not at all to do with free trade. It does have a lot to do with the defunct system we accept in dealing with China though.

[evaporation-plus]

What if it’s another tax cut?

....funded with real budget cuts!
or
....paid for with the old charge card!!

[1rudeboy]

Tax cuts (if properly targeted) do not need to be “funded.”

[spyone]

One thing I know for sure. I wish I was at Napili Bay right now.

[calcowgirl]

What if it’s another tax cut?

You mean a spending reduction? Or just more debt? Yes--there is a difference and it does matter.

[texastoo]

Maybe I am reading this wrong. This article has stated that Manufacturing is up.

Manufacturing shrunk yesterday and was the reasong for the dip in the stock market.

http://www.msnbc.msn.com/id/22472413/

[1rudeboy]

I’m sorry, when I typed “tax cut,” I assumed folks would understand that I meant “tax cut.” Such as a cut in the marginal rate.

[1rudeboy]

That was a different measure. It was the ISM measure falling below 50 that helped cause the sell-off.