Skip Navigation

The Daily Dish - 2006-2011 archives for The Daily Dish, featuring Andrew Sullivan

Why Americans Hate The Stimulus

By The Daily Dish
Sep 16 2010, 8:01 AM ET

James Surowiecki's guess:

Paradoxically, the very things that made the stimulus more effective economically may have made it less popular politically. For instance, because research has shown that lump-sum tax refunds get hoarded rather than spent, the government decided not to give individuals their tax cuts all at once, instead refunding a little on each paycheck. The tactic was successful at increasing consumer demand, but it had a big political cost: many voters never noticed that they were getting a tax cut. ...  Bizarre as it may seem, a less well-designed stimulus might have been more popular, and that would have made it easier for Obama to sell the electorate on his new stimulus proposals. But, given the scope and depth of the recession, it’s also likely that any stimulus would have become a political albatross.

In the end, good governance must be good politics. I have not given up.



Presented by

More at The Atlantic

Romney's Plan to Save Higher Ed: Let the Private Sector Handle It Romney's Plan to Save Higher Ed
The $630-Million Trees That Sparked a Social Media Revolt in China A Social Media Revolt in China
Does the Supreme Court Believe in Double Jeopardy Protections? Does the Supreme Court Believe in Double Jeopardy Protections?
Fact-Checking Claims on the Wonders of Pomegranate Juice Fact-Checking Claims on the Wonders of Pomegranate Juice
Requiem for Baseball's Memorial-Day Doubleheader The Death of Baseball's Memorial-Day Doubleheaders
View All Correspondents

The Biggest Story in Photos

Where in the World? Part 3: A Google Earth Puzzle

May 25, 2012

Subscribe Now

SAVE 59%! 10 issues JUST $2.45 PER COPY

Facebook

Newsletters

Sign up to receive our free newsletters

(sample)

(sample)

(sample)

(sample)

(sample)

(sample)