Because they care so damn much, we’ll never get this deal
As I’ve pitched before. I don’t know if Mankiw’s idea is this dramatic, but Flip Pidot ran the numbers and for the $1.2 trillion the stimulus was (it’s growing), we could cancel all employer-paid payroll taxes for 2 1/2 years, or cancel both employer and employee paid taxes for 1 and 1/4 years.
Using standard economic modeling, such cuts should result in a gain of 2.8 million jobs, Flip found.
I’m sorry, I got the opening line to this post all wrong. Let me try again:
Because they care about paying back their campaign contributors and stuffing their pockets full of pork, we’ll never get this deal.
Hit the link and see what we’ll be missing.