Federal Tax & Bailout 2008

A Failure to Stimulate by William F. Shughart, II It’s an election year, so it should be no surprise that politicians are in the market for votes. “Passed in record time” as a “gift to the middle class and those who aspire to it,” according to House Speaker Nancy Pelosi (D-CA), Congress gave final approval in early February to an economic stimulus package that supposedly will help avert a looming U.S. recession. In no place but Washington would anyone think that putting hard-earned money bac

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