Notes From Babel

Cash for Caulkers?

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The AP reports on Obama’s new strategies to help small businesses:

The president’s new proposals include eliminating capital gains taxes on small business investment and creating “cash for caulkers” rebates for consumers who invest in home-weatherization projects — an idea modeled on the popular “cash for clunkers” program that increased auto sales over the summer.

Cash for Caulkers? Really?  This sounds more like a half-hearted submission to a “name the next stimulus program that rhymes with cash-for-clunkers” middle-school contest than a serious economic proposal.

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Written by Tim Kowal

December 8, 2009 at 9:32 pm

Posted in Uncategorized

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