1.30.2009

Brooks

All the people and pundits I respect aren't happy with this stimulus. Peggy Noonan makes a darling philosophical point, and Brooks tackles the nuts and bolts.

The best course is to return to the original Summers parameters — temporary, targeted and timely — thus making the stimulus cleaner and faster.

Strip out the permanent government programs. Many of them are worthy, but we can have that debate another day. Make the short-term stimulus bigger. Many liberal economists have been complaining it is too small, so replace the permanent programs with something like a big payroll tax cut, which would help the working class.

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