Replys

1. 

   Chuckie O - February 20th, 2010 at 6:41 am

   No statistics, just economic theories. Conflicting economic theories.

   Complicated because they are taken up by politicians, who have only a shaky understanding of them. They become political theories.

   Both "theoretically" would put money in the system. The stimulus would target it to "selected" industries (selected by politicians) while the tax deduction would target it to those who pay taxes (i.e., "the rich.")

   Whether putting money in the system is good or not is also open to debate.

   If there was a good way to statistically measure such things, a good regression analysis or something, there wouldn’t be as much arguing over economics.
2. 

   Ralph T - February 20th, 2010 at 6:41 am

   No comparison – you would have to compare U.S. and Austrailian stimulus packages.
   Tax deductions benefit the tax payer by reducing the amount of taxes owed.
   Stimulus packages target specific (?) areas to spend those tax dollars.
   The money comes from all the taxpayers to be used by a few people to supposedly put more people back to work to improve the overall economic picture for everyone.

   Just like the bailout for the banks was supposed to free up credit and help with the home foreclosures.
   The banks that took the money and used it to pay bonuses and buy other banks.
   The money wasn’t used to do what was intended,but then again,congress didn’t specify how the banks were to use the money the first time around.
   And although the money was for U.S. banks,a lot of the money ended up in foreign banks as well.

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