Transfer payments do nothing to stimulate the economy and talk of taxes now is killing growth. Maybe Krugman should read Meltzer?
http://www.nytimes.com/2010/06/28/opinion/28krugman.html?hp
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"The problem with socialism is you eventually run out of other people's money" - Margaret Thatcher "The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design" - F.A. Hayek
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