Stimuli and Deficits

“President Bush unveiled his new economic stimulus plan this week. It was reported that if the plan passes the president himself would save $44,000 in taxes, Dick Cheney would save $327,000, and you could afford to take the whole family down to Burger King to pick up job applications.” – Tina Fey

Ezra Klein, at WaPo, has a good breakdown of the various approaches to the stimulus and deficit debate.

He describes the four positions as:

Short-term stimulus/long-term deficits
Short-term stimulus/long-term deficit reduction
Short-term relief/long-term deficit reduction
Short-term austerity/long-term deficit reduction

Check it out.

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