I was on Fox Business yesterday and talked with Charles Payne about the current fight over payroll tax cuts. My basic points were these: The payroll tax cut has had no stimulative effect and hasn't done diddly with regards to employment. The one upside? If the cuts are extended without corresponding cuts in Social Security benefits, it just might wake people up to what a phoney-baloney mandatory retirement system we've got.
About 4 minutes.
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