“Feel Good” Legislation
Buys votes but not prosperity
By News on the Net Jean Arcamone—— Bio and Archives--February 18, 2012
Letters to the Editor | Comments | Back To Full Article
Let's talk about the payroll tax cut. First, let's say the tax cut had not been extended. What would have been the result? People would have had less money to spend but more money would have gone to shoring up the Social Security Fund. So, essentially we'd be saving for our future rather than spending today.
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