From Paul Krugman's op-ed page article today: "Of the roughly $600 billion cost of the Recovery Act in 2009 and 2010, more than 40 percent came from tax cuts, while another large chunk consisted of aid to state and local governments. Only the remainder involved direct federal spending. And federal aid to state and local governments wasn’t enough to make up for plunging tax receipts in the face of the economic slump. So states and cities, which can’t run large deficits, were forced into drastic spending cuts, more than offsetting the modest increase at the federal level."
http://www.nytimes.com/2010/10/11/opinion/11krugman.html?_r=1&hp
So are you spending your tax cut money to create jobs?
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