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>> i mean, in general, as i understand it, there's less stimulative effect general from tax cuts as opposed to well-targeted stimulus spending. but just to be clear, you're arguing that among tax cuts, which are less stimulative, the worst ones are for rich people. better ones are for people who are making less money? >> well, yeah, and we can talk about the evidence of what kind of tax cuts are most stimulative, but everybody agrees, they've ranked every ç possible form of stimulus by the congressional budget office, and the high-income tax cuts rank dead last of all of them. i think the qu...

Guy took o office. i guess what i'm saying that is with the stimulus, that's what you got. what the heck is the problem with stopping the stimulus? just seeing how things go? the stimulus doesn't seem to be any great magic elixir. >> it's a mistake and assumption to make the argument was the stimulus was the cure-all. the stimulus was designed to help turn around the economy. when you go from negative 6% in gdp to positive 6% gdp growth, that didn't happen by accident. >> neil: you wouldn't expect to go from unemployment rate at 10%. we still have more jobless and higher unemployment than then...

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.