(Note to literalists: the Watched column presently contains only a smattering of 'warblogs' because the facilitator of the template-change--Dr. Menlo--is not very familiar with them, and will be adding more as they are sent to him. Also, this blog may contain areas of allusion, satire, subtext, context and possibly even a dash of the surreal: wannabe lit-crits beware.)
Control
[Watch this space for: Pentagon and Petroleum, The Media is only as Liberal as the Corporations Who Own Them, Wash Down With, and Recalcify]
2. Kaus: "Even if interest rates go up a bit, their short-term depressive effect can presumably be countered by the stimulative effect of short-term tax cuts and spending."
2a. The centerpiece of Bush's proposal is a dividend tax cut that is (a) not stimulative and (b) not short-term. You don't have to be Paul Krugman to think this, although it clearly helps to know something about the rudiments of macroeconomics (or English, insofar as "permanent" and "short-term" are antonymous)