While that idea has some merit during good economic times...there is a time and a place for everything. Right now, there are lots of people laid off who do want to work but are unable to find a job. We need an expanded safety net to tide them over (and keep them spending money) until the recession ends.Originally Posted by celticlord
When the economy recovers, and there are very few people who are seriously seeking work who are unemployed for more than a couple months, *then* I would agree that we can cut back on unemployment insurance and COBRA. The potential for abuse is a lot higher during economic booms IMO.
Well, the states have the same problem the fed does, in terms of needing economic stimulus. But I think in many cases the states are able to address their problems better than the feds, since the problems vary from one state to another.Originally Posted by celticlord
This wouldn't necessarily preclude giving the money to the individuals, if that's what individual states decide to do with it.
Ya, that can go in a separate bill if necessary. I think it's stimulus because many of the projects are ready to go, and they can start spending money and employing people right away.Originally Posted by celticlord
I agree that corporate taxes should eventually be eliminated...but again, there's a time and a place for it. Until we have the deficit under control I think we should try to steer clear of more permanent tax cuts. However, given the dire state of the economy I would support a one-year reduction in the corporate tax.Originally Posted by celticlord