Economic Stimulus: Good Ideas and Bad Ideas

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When Congress convenes in January, lawmakers will immediately begin to debate what action they can take to best stimulate the economy. Economists and experts have generally found that tax cuts cannot provide the sort of quick boost that the economy needs to mitigate a recession, and that direct government spending in programs that can immediately spur economic activity are more effective. But that is not stopping anti-tax lawmakers and their supporters from making the case that our prosperity can only be ensured by another round of tax cuts. The next two articles look at some of the good and bad ideas being discussed to address the economic downturn.

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