Dr. Peter Morici: Sophistry Reigns Supreme: The Slippery Slope of Stimulus
Feb 3rd, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
As Congress has added to the stimulus package, members have become ever more elastic in defining various kinds of spending and tax programs as GDP boosting and jobs creating. Expanded welfare payments, unemployment benefits for part-time workers and more generous tax write offs for past corporate losses to name just a few.