November 24th, 2008
03:22 PM ET
13 years ago

Cafferty: Should Obama hold off raising taxes on wealthy?

[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2008/images/11/24/art.obama.economy.b.gi.jpg caption="Join the conversation on Jack's blog."]

There are stimulus packages and there are stimulus packages. Remember the one President Bush, House Speaker Pelosi and Senate Majority Leader Reid collaborated on a while back? It was $168 billion and resulted in a few hundred dollars in most people’s pockets. It did it’s job, gave a short term jolt to the economy, but it’s effects are long since gone. And the economy is a whole lot worse now than it was then.

Stand by for “Stimulus Two!” Congressional Democrats say they will have a stimulus package ready for Barack Obama to sign the day he is inaugurated.

To read more and contribute to the Cafferty File discussion click here


Filed under: The Cafferty File
soundoff (No Responses)

Comments are closed.