In case you were suffering from an excess of optimism this morning, Bruce Bartlett has the cure:
What happens if we have a double-dip next year? Is it realistic to think that any stimulus at all is possible on the fiscal side? Given the likelihood of Republican gains in the November elections and the strong Republican incentive to make the economy as bad as possible going into 2012, I don’t think it would even be possible to pass a stimulus package that was 100% composed of tax cutsthe only stimulus Republicans might support.
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