[lbo-talk] Will Congressional Dems fix ARRP?

Doug Henwood dhenwood at panix.com
Sun Jan 11 12:32:30 PST 2009


On Jan 11, 2009, at 1:29 PM, Jordan Hayes wrote:


> I've been thinking that maybe tax cuts are (already) less effective
> in doing much of anything this time around because profits and
> incomes are down. We've already got a huge "tax cut" coming in the
> form of simply lower revenues and lost jobs ...

And in Wall Street thinking, lower energy prices are a kind of "tax cut," and that hasn't helped much either.

Doug



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