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Spending vs Tax Cuts: Who Pays the Cost of Political Compromise?

 
 
 
 
 
cepr

by cepr

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President Obama and the Democratic leadership will undoubtedly have to make some political compromises in order to get a stimulus package through Congress. However, it is important to keep in mind that there will be real costs associated with these compromises insofar as they result in a less effective stimulus package. A less effective package will mean less economic growth, which will, in turn, mean that fewer people will have jobs.

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01/13/2009

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