Just Sending Out Checks
You know a stimulus plan is a poor one when Bruce Bartlett, Paul Krugman and Clive Crook all agree that the Bush plan is unlikely to do much to stimulate demand and is just a bizarre boondoggle. I mean, when I read about it in the Times on Sunday, it sounded ridiculous. Seriously, an income tax rebate that would give no money to the people who A. need it most and B. are most likely to spend it. Literally, mailing out checks…
