No Stimulus Gimmicks

Following Wednesday’s post about the lack of any economic gains of a short term “economic stimulus” plan, here are a number of recent comments on the subject.

A commentary by two AEI scholars in the Wall Street Journal on why “stimulus” rebates or spending are just gimmicks.

Another WSJ article bemoans the Fed Chairman’s newfound love for Keynesian economics (and apparent rejection of the Permanent Income Hypothesis).

Investors Business Daily has not, suggesting long-term relief (such as making current tax rates permanent, rather than letting them rise automatically in 2010).

Even satrist Scott Ott weighs in, asking, “Mr. President, Don’t Stimulate Us