Stimulate the economy: cut taxes!

Pollster Scott Rasmussen asked voters a straightforward question: what is the best way to stimulate the creation of more jobs, tax cuts or more government stimulus spending? The results are pretty unambiguous: 62% favor tax cuts while only 21% favor more stimulus spending.

This would seem to be a pretty hearty endorsement of, for example, Stanford economist Michael Boskin’s proposal for cutting the payroll tax (something I advocated in my Sunday Examiner column) over Princeton economist Alan Blinder’s proposal for a public sector jobs program. Blinder also semi-endorses a tax credit for employers who create new jobs, but admits that the possibilities of gaming the system would be daunting.

Barack Obama’s December “jobs summit” will probably be dominated by those favoring more government spending, and certainly union leaders will favor public sector jobs, since those employees can be required to join unions and send dues money their way. But Democratic members of Congress might want to take a look at Rasmussen’s numbers before voting for increased spending.
 

Beltway ConfidentialUS

Just Posted

Pharmacist Hank Chen is known for providing personalized service at Charlie’s Pharmacy in the Fillmore.<ins> (Kevin N. Hume/The Examiner)</ins>
Left: A Walgreens at 300 Gough St. is among San Francisco stores closing.
Walgreens closures open the door for San Francisco’s neighborhood pharmacies

‘I think you’ll see more independents start to pop up’

San Franciscans are likely to have the opportunity to vote in four different elections in 2022. (Kevin N. Hume/S.F. Examiner)
Electionpalooza: SF school board recall will kick off a flurry of local races

‘It’s going to be a lot of elections and a lot of decisions for voters to make’

Four young politicos were elected to city government on the Peninsula in 2020. From left: Redwood City Councilmember Michael Smith; South San Francisco Councilmember James Coleman; Redwood City Councilmember Lissette Espinoza-Garnica; and East Palo Alto Councilmember Antonio Lopez.<ins> (Examiner illustration/Courtesy photos)</ins>
Progressive politicians rise to power on the Peninsula. Will redistricting reverse the trend?

‘There’s this wave of young people really trying to shake things up’

The fate of San Francisco nicotine giant Juul remains to be seen, as the U.S. Food and Drug Administration is reviewing whether to allow certain flavored vape products on the market. <ins>(Jeenah Moon/New York Times)</ins>
How the vape king of teen nicotine addiction rose and fell in San Francisco

‘Hey, Juul, don’t let the door hit you on the way out’

Most Read