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Yes, friends, according to the Congressional Budget Office, most of the so-called “stimulus” will have NO EFFECT for the next two years. Most economists project the recession will end within the next 6 months. And, two years down the road, with the recession long gone, the “stimulus” that Obama now demands will likely cause more harm than good (the usual outcome of government “action”). We would, as usual, be FAR better off if the government did NOTHING!
Actually, the best thing the Obama/Reid/Pelosi government could do is to dramatically and permanently lower corporate taxes. Anybody want to bet on that one happening?
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