Friday, January 26, 2007

Reichnomics

On Kudlow tonight, Robert Reich insisted that states should spend their growing surpluses on schools, roads and other infrastructure and not tax cuts. His justification is one needs to do this to keep the economy going well.

I'm not really sure what Reich thinks people do with the money they save because it doesn't go to taxes. Burns it, I suppose. But I do know what they actually do the money. They save it or spend it, creating the next economy or pushing this one to greater heights.

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