James-
You never addressed how tax cuts will pull us out this deflationary spiral. In addition, tax cuts, like the $2 trillion proposed by the Repubs in the Senate will further increase our national debt. Who do you think is financing our debt? Ironically, the Repubs got their tax cuts and were able to keep their obstructionist image. I think they won this round, at the expense of the country.

BTW, I should have clearly stated that the tax rebates of 2001 were accompanied by tax cuts as well. It was not my intention to conflate that issue.

Tax cuts can work. The reason some of the most recent
tax cuts programs haven’t had a lasting effect is is because they were not big enough. Institute an immediate and indefinite payroll tax holiday and this economy will coming roaring back in a few months. see proposals at www.moslereconomics.com

Giving a “stimulus check” is not a tax cut. It is a tax credit. There is a HUGE difference and the fact that you cannot tell the difference speaks volumes as to your ignorance.

A tax cut is a reduction in the actual taxes we pay – payroll, capital gains, ect. Doing this, like Reagan did, will stimulate the economy in the short and long term as it did in the 80′s and 90′s.

Try doing your own research and coming up with your own opinions instead of being a partisan ideologue without a clue and just spouting Krugman’s bullcrap…