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	<title>Comments on: Getting Straight on Fiscal Impulse</title>
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		<title>By: Fred Donaldson</title>
		<link>http://jaredbernsteinblog.com/getting-straight-on-fiscal-impulse/#comment-165095</link>
		<dc:creator>Fred Donaldson</dc:creator>
		<pubDate>Mon, 07 May 2012 13:52:51 +0000</pubDate>
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		<description><![CDATA[Budget deficits that result from reduction of taxes on the wealthy are not an economic stimulus - unless you are rich.

When the time comes to pay back the borrowing for defense contractors, subsidies of companies and corporate tax loopholes, the upper class will propose taxes for the middle class, politicians will pass them, and the media will suggest that &quot;everyone has to do their share.&quot;]]></description>
		<content:encoded><![CDATA[<p>Budget deficits that result from reduction of taxes on the wealthy are not an economic stimulus &#8211; unless you are rich.</p>
<p>When the time comes to pay back the borrowing for defense contractors, subsidies of companies and corporate tax loopholes, the upper class will propose taxes for the middle class, politicians will pass them, and the media will suggest that &#8220;everyone has to do their share.&#8221;</p>
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