http://www.thelibertypapers.org/2009/02/07/kevin-drum-completely-blows-it-on-payroll-tax-cut/ Life. Liberty. Property. Defending individual freedom and liberty, one post at a time. Wed, 22 May 2013 18:26:11 +0000 hourly 1 http://wordpress.org/?v=3.5.1 http://www.thelibertypapers.org/2009/02/07/kevin-drum-completely-blows-it-on-payroll-tax-cut/#comment-63224 Miko Sun, 08 Feb 2009 07:33:25 +0000 http://www.thelibertypapers.org/?p=3923#comment-63224 Same thing that’s wrong with the overall stimulus: it’s playing around with money that doesn’t exist. We seem to have this view that it’s okay to concentrate on the extreme short term and ignore the future. If we’re going to cut government spending along with it, great. If not (note: this case is the one we’re in), it’ll help a tiny bit now at the expense of hurting a lot later.

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