Reader Jason asks:
Krugman likened the tax cuts in the stimulus as fat, in that it would provide little genuine nutrition to the American economy. Correct me if I am wrong: the vast majority of the spending measures in the stimulus have yet to occur, whereas the tax cut effects were immediate. Right? So when the Republicans are saying the stimulus has failed aren't they really saying the tax cuts have failed? I feel like I am missing something because no one has really pointed that out.
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