CLINTON CARES

Hillary Clinton has proposed a reasonable economic stimulus plan - much better than Fed rate cuts - and that can only help Democrats in general. The GOP is stuck in the past, thinking of tax cuts that won't begin in time to forestall or dampen a recession. Let's not forget that the 2001 tax cuts did not work!

Clinton upstages Republicans with stimulus plan
Fri Jan 11, 2008 5:40pm EST
By Jeff Mason

LOS ANGELES (Reuters) - Democratic presidential contender Hillary Clinton on Friday proposed $70 billion in emergency spending to stave off a possible U.S. election-year recession, upstaging Republican rivals who clashed over the economy but offered few specifics.
The New York senator, who hopes to become the Democratic nominee in the November election, proposed $30 billion to help low-income families hit by the mortgage crisis and $40 billion in other spending, mainly for the poor and unemployed.

And here's more Economics for Idiots:

Former New York Mayor Rudy Giuliani, campaigning in Florida, ducked a question about whether the economy was in recession but said a tax cut he proposed this week would benefit middle-income Americans by an average $3,000 a year.

"I think that would really stimulate our economy right now," he said.