02 February 2009

Obama's Recession Fix Fits Economists' Models

Sunday, February 1, 2009; Page F01

In the fight over the stimulus plan, Republicans are demanding more tax cuts as the best way of lifting the economy fast. "We can't borrow and spend our way to prosperity," said House Minority Leader John A. Boehner (R-Ohio).

Well, maybe we can -- or at least begin. In a crisis, government spending has to be the first responder, with tax cuts coming up behind.

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