iBankCoin
Joined Nov 11, 2007
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Summers: US Must Expand Tax Cuts and Stimulus to Avoid ‘Lost Decade’

Some are giving in to a lost decade Japan style malaise. Summers wites: “Fiscal support should be continued and indeed expanded by providing the payroll tax cut to employers as well as employees,”

He also said that we might have faced a double dip recession if unemployment benefits were not extended.

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One comment

  1. drummerboy

    you want to stimulate me,give me back every dime i paid into so-sec. and then ya’ll can go piss up a fucking rope

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