Krauthammer Agrees with my Friend

December 10, 2010

But it’s still not a done deal and I haven’t seen a summary of the spending increases authorized by the bill.

Also I’m not sure I agree with his metaphor. He’s equating government spending by borrowing to be equivalent to lowering tax rates and funding other spending by borrowing. It could be the same thing, but one would have to think it through.

And if it is the same thing why will it decrease unemployment by 1.5% when Krauthammer would say the first “stimulus” did nothing?

Regardless of all this his central point could still be true. This agreement helps Obama’s chances in 2012, which was Jeff’s point.

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