The New York Times claims that these new initiatives do not amount to another stimulus. I agree — it won't stimulate the economy. It never does. But one thing is certain: It amounts to more spending. For instance, the White House is considering giving employers a $3,000 tax credit for each new hire, or extending the always popular $8,000 tax credit for first-time homebuyers that was included in the $787 billion stimulus law because as we know, we need another housing bubble and more people buying houses they won't be able to afford.
And the National Review continues its consistent and long-standing opposition to tax credits for A) big business and B) homeowners.
Admit it, TS. This is you, isn't it? You've infiltrated The Machine, haven't you?
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