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

Cafferty: Should Obama hold off raising taxes on wealthy?

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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.

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