In response to:

Obama Literally Still Campaigning: Stephanie Cutter Sends Frantic Fiscal Cliff Email

Ress Wrote: Dec 03, 2012 1:39 PM
The effect on spending depends on whether the "stimulus" is funded by taxes or inflation. If the former, people of course have less to spend. If the latter, people are motivated to spend sooner rather than later, before their cash loses its value.
Ress Wrote: Dec 03, 2012 1:41 PM
In either case, government "stimulus" is a fraud that only wastes economic resources in creating illusions of benefits while actually shrinking the economy.

Over the weekend, President Obama tapped Obama For America Deputy Campaign Manager Stephanie Cutter to send out a campaign email begging supporters to "tell their story" about how a $2,000 tax increase would hurt them. "Help President Obama right now: Share your story," the email subject reads.


Photobucket

Friend --

I hope you had a lovely holiday and all is well. I'm writing with a quick update on the "fiscal cliff" and how you can get involved.

Right now, President Obama...