The NYT tells us that President Obama’s plans to increase taxes on the wealthy are not part of his stimulus package. It would be very surprising if they were since tax increases, even on wealthy people, are not stimulus. His plan to withdraw from Iraq is probably not part of his stimulus package either.

–Dean Baker

Dean Baker is senior economist at the Center for Economic and Policy Research in Washington, D.C. He is the author of several books, including Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer. Read more about Dean.