Saturday, January 19, 2008

Priming the Pump

After trying to cheerlead the economy back to health, the president seems to have conceded that the economy is unhealthy and needs assistance. The question is what to do, as well as whether there is anything substantive that a president can do to fix an ailing economy.

In a rare show of bipartisanship, a quick $145 billion tax relief package will be passed with the hope that it will spur spending, which keeps businesses healthy and jobs intact. The question now is whether it will work.